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Rancho Mirage : Real Estate Advice

  • All96
  • Local Info5
  • Home Buying26
  • Home Selling0
  • Market Conditions12

Activity 37
Sat Apr 27, 2013
Fredy Rodriguez, CRS, GRI answered:
what kind of information are you trying to find out?

If you would like get more information on local listing check listings directly from the MLS www.FredyRodriguez.ListingBook.com



Hope to help you with any questions you may have.

Sincerely.

Fredy Rodriguez, CRS, GRI, RSPS, HAFA, E-Pro, SFR, Five Star Institute: Short Sale, REO, Lease To Own, Probate Certified, Insurance License
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0 votes 1 answer Share Flag
Wed May 8, 2013
Scott Newton, CRS answered:
I live at Gerald Ford & DaVall. I love this area. Let me know if I can be of help.

Scott Newton- Broker
760.898.4496
0 votes 3 answers Share Flag
Wed Apr 3, 2013
Tom Steffen answered:
Jeanie
White Sun Estates HOA is $133 month
Covers the gate streets and common area
If you have any more qestions feel free to contact me
Tom
0 votes 2 answers Share Flag
Thu Dec 11, 2014
Rosalind Urista answered:
The realtor we are working with says Victoria Falls is "considered a more desirable community" and the current prices reflect it. The same models can be purchsd in Versailles for about $50.K less. I see it's less established, but the HOA's and the II electric co. are also lower. Do you know of any management problems with the HOA, or lack of reserves? I also see there will be continued building around Versailles, which is less desirable in terms of noise, traffic, dust, loss of view. We are conflicted.Also the home prices seem to be increasing in Victoria Falls from even a few months ago. Thank you for your advice. ... more
0 votes 4 answers Share Flag
Sun Feb 17, 2013
Elena Barmet answered:
In the Colony you do not own the land. The lease amount is about $659 p/m.
In addition you have a small HOA fee of about $220.
0 votes 2 answers Share Flag
Thu Nov 8, 2012
Ken Reiley and Associates answered:
Debby this is a mobile home park and it's on lease land. The lease is good until 2031 and the monthly fee is $563. Great location off Gerald Ford in Rancho Mirage. If you have more questions or would like me to send you the mls sheet, give me a call at 760-668-5772 or email to ken@kenreiley.com. Thanks. ... more
0 votes 4 answers Share Flag
Mon Apr 25, 2016
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 2 answers Share Flag
Sun Dec 14, 2014
Sandi Geisler answered:
53 Oak tree sold for $320,000
$299,000 is a great asking price for 93 Augusta Drive
0 votes 9 answers Share Flag
Sat Sep 8, 2012
Doug Graham answered:
Hi Elaine,
I'm not sure why this question ended up flowing to me since 212 Tropical Park is not an address in my community here in Rancho Mirage, CA. But rather than risk ignoring a perfectly good question, I will answer for Toll Brothers at Escala.

Our HOA is 287 per month. It is projected to drop to $199 once all the homes are sold. That money pays for the management company, the maintenance of the privacy gates, the maintenance of the common area landscaping and storm drainage areas, plus the maintenance of the private streets. I hope this answers your question. Feel free to email me at dgraham@tollbrothersinc.com if you have more questions.
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0 votes 2 answers Share Flag
Mon Mar 11, 2013
tj schroeder - GRI, e-Pro answered:
Rarely do we see a straight question about a specific home someone is looking for - check out my website to find search possiblities or to contact me directly.
0 votes 4 answers Share Flag
Sun Jun 3, 2012
Pac284 asked:
Please suggestions for real estate brokers who are interested in doing BPOs for a reasonable cost?
0 votes 0 Answers Share Flag
Thu Oct 18, 2012
Tom Steffen answered:
Gloria
I do not handle rentals
You can call my office at 769-776-9898 ask for the rental dept
Sorry I couldn't help
Tom
0 votes 3 answers Share Flag
Sat Jun 8, 2013
Don Tepper answered:
Why, oh why, did you put in an offer on a house without knowing its "true value"??

If the house is worth less, you could be substantially overpaying. If it's worth more, you could lose it to someone with a more accurate idea of the value.

Further, the features of the house you've listed really have little to do with its value. Sure, they can make a bit of a difference--a few thousand dollars or so. But the real question is what the comps have sold for. The next relevant issue would be number of bedrooms, baths, square footage, lot size, etc., of the house you're considering.

Didn't your Realtor do a CMA on the property before you made your offer? If not, ask her to do so now.

Good luck.
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0 votes 3 answers Share Flag
Mon Mar 5, 2012
James Mcintyre answered:
Fee simple deeded residences abound in Rancho Mirage--The trend to reduce "leased" land continues as many have sold the properties to individuals--It's easily verified in the tax records--I do it for clients routinely--
Jim McIntyre-Broker Tarbell Realty==760-898-2141
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0 votes 5 answers Share Flag
Tue Apr 28, 2015
tj schroeder - GRI, e-Pro answered:
We have a number of banks and lending institutions in the area to work with. Each transaction and individuals in loved are different.

Also, the amount of down payment needed depends on those people and their circumstances.

Not meaning to be vague but the real answer is that
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0 votes 11 answers Share Flag
Thu Feb 9, 2012
Sandi Geisler answered:
I have a client who is considering leasing his 3 Bedroom condo for 2000 furnished or unfurnished. Fabulous golf course view, recently upgraded , please call me for more information 760 202 8585

Sandi Geisler

Coldwell Banker
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0 votes 3 answers Share Flag
Sun Sep 26, 2010
Ardes Armstrong answered:
Sounds very frustrating Glenda. I'd be happy to help you with whatever you need.
My email is aarmstrong@kw.com. I'm located in Rancho Mirage and serve the entire valley so please don't hesitate to contact me anytime.
Wish you the best,
Ardes
... more
0 votes 4 answers Share Flag
Tue Apr 26, 2016
Don Tepper answered:
All Realtors have access to the MLS which, in turn, lists most bank-owned homes. So, to oversimplify a bit: Yes, Realtors do have current listings of bank-owned homes.

Are they reluctant to provide the list? Not that I know of.

Are they reluctant to show the homes? That's a slightly tougher question. Reluctant may not be the right word. Some agents know that there's often more hassle involved in transactions involving REOs. And they know that sometimes the banks pay reduced commissions. So: More work for less compensation. Let's say some agents aren't too enthusiastic about showing them.

However, a buyer's agent represents the buyer. And the Code of Ethics contains various guidelines on how the agent will represent his/her client. So any Realtor should not only be willing to show any home the client wishes to see, but to fully assist that client if he/she wishes to make an offer on the property.

And, frankly, there are many Realtors who focus on foreclosures and have no reluctance or hesitation at all. So if you've talked to an agent or two and gotten the feeling that they're not going to commit 100% to representing you, keep searching until you find an agent who will represent you. It shouldn't be difficult.

Hope that helps.
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0 votes 14 answers Share Flag
Sat Aug 18, 2012
Lesley Gregory answered:
I do not have anything at the moment but will see what I can come up with. Thanks, for the enquiry
0 votes 3 answers Share Flag
Fri Mar 12, 2010
Dan Chase answered:
Your budget is kind of irrelevant. Yes, it is very important in allowing you to buy, but does not matter if the property does not make you money.

You have to ask how much a month can this rent for. What is the cap rate, can you handle at least 1 month every year without a tenant. What about maintenance? When a furnace dies can you afford to replace it and fix the roof?

The rental has to make you money every month or it is not an investment. Price appreciation in an investment is a BONUS, not a goal. Hopefully someone who really understands this will reply more. I can see how it would be easy to buy it for $1,000 and only get $800 in rent. That does not work.
... more
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