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Indian Wells : Real Estate Advice

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  • Local Info0
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 19
Fri Mar 10, 2017
Jeaniewolff asked:
Sat Aug 22, 2015
answered:
I think they can. Worse yet, if I am not mistaken their foreclosure is a judicial foreclosure, unlike the trustee foreclosure, the HOA foreclosure can sue you after the fact for any damages or losses. The can get a judgement, garnish your bank accounts.

I used to work at BofA and one of my jobs was to be a go between between the loss mitigation dept and the customers who were losing their homes. So I have seem about everything.

My guess is that the property value has come up and the bank and the HOA feel like they can kick you to the curb and get their money.

If they HOA forecloses and they end up losing money they can come after you for the loss, the bank will have to take the loss as they will be foreclosing based on the Trust Deed.

So, If your home is worth enough to pay everyone off and have some money left over, you want to file chapter 13 and stop the foreclosures and sell the home. On the other hand if you are upside down.

You basically need an attorney.

Feel free to call my office and review your situation as it is a complicated one.714-968-2500
... more
0 votes 1 answer Share Flag
Sun Apr 26, 2015
The John Jay Group answered:
What are the most important things to you in the property you are looking for. Style, Size, Age, etc. All of these can be very different in Indian Wells CC. This is what make IWCC so unique. ... more
0 votes 7 answers Share Flag
Sun Apr 26, 2015
The John Jay Group answered:
Experience, Sales,Track Records, Reviews/Recommendations, etc. are a great way to start interviewing agent to see who you are the most comfortable with.
0 votes 6 answers Share Flag
Wed Apr 1, 2015
Mohitbaval asked:
Resale Price Property in Gurgaon Residential & Commercial Properties for Sale and Rent. Check Resale Price Gurgaon Property Price and other stuffs in gurgaon.
http://resaleprice.co.in/
0 votes 0 Answers Share Flag
Fri Jan 9, 2015
The John Jay Group answered:
Palm Springs International Airport
0 votes 10 answers Share Flag
Fri Oct 10, 2014
Judi Monday, CRS answered:
Sometimes agents tailor their comps to the size of the home so rather that showing everything in your area they will show the homes that are true comps in terms of square footage. An appraiser will not take every comp in an area but will use strict guidelines that include size of the home, amount of land etc...that may be what this agent was doing. ... more
0 votes 10 answers Share Flag
Tue Feb 25, 2014
James Harris answered:
My company Power Brokers is a Quick buy company
0 votes 1 answer Share Flag
Fri May 17, 2013
Uriah Anderson answered:
There are a number of new lending options returning to the market that may be able to meet your financing needs.

Please feel free to call me @ 760-585-8328

Uriah Anderson
Branch Manager IFG Mortgage
NMLS #272891
... more
0 votes 7 answers Share Flag
Fri May 17, 2013
Uriah Anderson answered:
That is a great question for one of our local CPAs. It may depend on your residency in the US and a number of other factors.

Please feel free to call me @ 760-585-8328

Uriah Anderson, Broker Assoc.
HK Lane, Exclusive Desert affiliate of Christies' International Real Estate
CA DRE #01303991
... more
0 votes 1 answer Share Flag
Fri May 17, 2013
Uriah Anderson answered:
Prices are increasing due to limited supply. Many of the REOs and short sales are being sold off and clearing up the market for future price gains.

Uriah Anderson, Broker Assoc CA DRE 01303991
HK Lane, Exclusive Chrisites' Affiliate

760-585-8328
... more
0 votes 2 answers Share Flag
Fri May 17, 2013
Uriah Anderson answered:
We are luxury specialists and are able to market to affluent buyers all over the world via the Robb Report, Wall Street Journal, and our exclusive Christies' International Real Estate buyers.

Please give me a call at 760-585-8328

Uriah Anderson, Broker
CA DRE #01303991
... more
0 votes 6 answers Share Flag
Thu Aug 23, 2012
Soila Thompson answered:
You won't believe this, the lenders have a "built in" rebate of $6000 on 99% of the reverses in the market - if they are charging on the front, that is just additional fee - but you do have to pay for the appraisal upfront.

Good Luck, and don't use a reverse if the senior is going to leave the house to their heirs, the heirs will have to pay in full (the amount of the reverse plus all fees and deferred interest payments over the term of the loan) upon disposition.

Soila Thompson
... more
1 vote 3 answers Share Flag
Tue Apr 24, 2012
Thaera18 answered:
hello i was wondering im in california and i want to buy a home it is an reo property but was told there is a lis pendens on the home. the home is empty but the bank has not yet put the lock on it. how long before it goes on the market for sale? ... more
0 votes 6 answers Share Flag
Wed Sep 15, 2010
Elizabeth Schulze answered:
Hi Jaey,

You have probably already been told that there are 8 listings that meet your criteria. If you would like to see these homes, feel free to give me a call anytime. I would be glad to show them to you.

Elizabeth Schulze
Keller Williams DRE#01860415
760-333-2134 or 760-969-1000
... more
0 votes 10 answers Share Flag
Tue Aug 17, 2010
Barry Shapiro answered:
Hello again,
Just checking back in to see if you were able to resolve your housing situation in the Palm Springs area. Having a fixed income should have enabled you to negotiate fair terms on a loan modification, and thereby keep your home. We all hope for the best for your future! ... more
0 votes 3 answers Share Flag
Mon Aug 2, 2010
Larry Hansen answered:
Hi Tmtja,

This home does require and include a club "Social" membership at a monthly cost of $217.00 (which is in addition to monthly HOA dues of $695.00) however this does not include a golf membership. Homeowners are not "required" to get a golf membership to the Desert Horizons CC. However, the club is offering a nice trial membership called the "Peview Membership" for a year to give homeowners a chance to try it out. The cost of the Preview Membership is a one-time payment of $9,000 and no monthly payments. After one year, if you want to become a full member the cost is $25,000, less a $5,000 credit from the transfer fee that can be applied making the net cost $20,000. If you would like to preview this home, or any other homes, I would be happy to assist you. Thanks.

Larry Hansen, Broker - Owner
Calif Desert Realty
760-668-2486

This home does include a manclub social membership at $217.00 per month
... more
0 votes 3 answers Share Flag
Sat Jul 3, 2010
Susan Miulli answered:
Hi Paula,

Please email me with the particulars such as dates, requirements, price range, etc. and I'll be happy to help you find a winter retreat.

Hope you have a great holiday weekend! Susan ... more
0 votes 1 answer Share Flag
Thu Apr 15, 2010
Cathi Walter answered:
At the risk of boring you with details; the stats for Indian Wells:
Vacant Land Sold in 2000 - 17 sales at an average price of $222,0000
Vacant Land Sold in 2009 - 6 sales at an average price of $866,000

Things are trending up in Indian Wells.
*Note: the high average in 2009 is due to custom home sites sold in exclusive gated communities.

You can find statistics to satisfy even the most cerebral among us at www.DesertAreaHomeFinder.com
... more
0 votes 1 answer Share Flag
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