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Market Conditions in Rancho Mirage : Real Estate Advice

  • All101
  • Local Info5
  • Home Buying28
  • Home Selling0
  • Market Conditions12

Activity 12
Fri Jan 9, 2015
The John Jay Group answered:
It is really going to depend on the quality of the construction.
0 votes 7 answers Share Flag
Thu Dec 11, 2014
The John Jay Group answered:
Victoria Falls and Versailles were built by the same builder, however my opinion is that Victoria Falls is much more "lush" and built out and surrounded by Mission Hills CC. Versailles has sand dunes surrounding the development. ... more
0 votes 3 answers Share Flag
Sun Nov 30, 2014
David Banks answered:
Fee Simple Land (you own it ) for Single Family Homes in this complex -
0 votes 1 answer Share Flag
Mon Sep 22, 2014
Cindy Davis answered:
What you're talking about is a vacation rental. Palm Springs is loaded with these in the winter months. You might consider calling a property management company or one that specializes in vacation rentals.

Good luck.
... more
0 votes 1 answer Share Flag
Tue Sep 16, 2014
mgmcjuarez answered:
$255 for the past 5 years and is stable and clean
0 votes 4 answers Share Flag
Mon Sep 2, 2013
Steve Kass answered:
Bonnie,
You can email the listing agent through the Trulia site and the agent won't have your email only the anonymous email. then if you feel comfortable with the agent you can initiate a conversation. ... more
0 votes 9 answers Share Flag
Wed Jul 3, 2013
Kelsicj answered:
Many of the owners selling in Los Coco's are living in denial. They either don't want to, or cannot afford the $72,000 land - buyout and are trying to sell at unrealistic prices before the land deal hits.

The Los Coco's development is nearing 50 years old and many of the units are showing their age. An inspection on a recently sold unit revealed extensive termite damage, so beware!

There is NO lease extension being offered. You either buy the land, or the investors will OWN your condo in 20 yrs...

Most comparable developments are on fee-land, on golf courses and many have 24 hr security with lower HOA dues to boot.

Really the owners should be subtracting the $72,000 from the price they want and selling for the residual amount. Any owner who does not buy the land will NEVER sell their unit once all the neighboring units are on fee-land.

Who will buy a condo that only has 20 yrs left on the lease with no possible extension!
... more
0 votes 2 answers Share Flag
Sun May 19, 2013
Bill Arnold answered:
The monthly HOA fee for 127 Racquet Club Dr. with in Mission Hills CC. in Rancho Mirage, is $520.00. Since this property is on lease land, there is a monthly land lease fee of approximately $150.00. There is a possibility of a transfer fee as well, this comes into play when the property is sold.

If you are interested in Mission Hills, you may want to look for properties located in Mission Hills East/Deane homes. All the properties there are on fee simple land, no monthly fee, you own the land, no transfer fee and the HOA's are $475.00 per month.
... more
0 votes 3 answers Share Flag
Wed Apr 3, 2013
Jackie Bone answered:
Hi Tom,
I am a Realtor with Firstteam Real Estate in the area of Rancho Mirage. The HOA's are $133 a month. If you would like me to send you what has been sold and what is available in White Sun Estates send me an email and I would be happy to follow up with you.
Regards,
Jackie Bone
jackiebone@firstteam.com
www.jackiebone.com
760-610-4039
... more
0 votes 2 answers Share Flag
Sun Oct 28, 2012
Devona Garrigus answered:
Sat Oct 27, 2012
Ken Reiley and Associates answered:
Francine, this is Fee land and the HOA fee is $950 per month at Morningside County Club. Give me a call if you have more questions. I did verify this information on the mls and it's showing all the Morningside properties to be Fee land. Thanks ... more
0 votes 1 answer Share Flag
Sat Sep 8, 2012
Michael Jensen answered:
Purchasing a stock co-op means that you become a stock holding member, sharing in a common interest in the corporation, with an exclusive right to occupy a particular unit.
0 votes 3 answers Share Flag
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Market Conditions in Rancho Mirage Zip Codes

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