There are many reasons why there is such a demand for Palm Springs homes for sale. People fall in love at first sight with this beautiful, charming little town. It’s picturesque, extremely safe and the climate is unrivaled. Those on the verge of retirement flock to Palm Springs to find the perfect piece of this town to call their own, as well as in the surrounding areas—La Quinta real estate and Rancho Mirage real estate properties are also in high demand.
One of the main reasons the region is so popular among retirees is obviously the plethora of amazing golf communities and wide range of recreational activities. People strive to find Palm Springs homes for sale based on the selection of outdoor activities alone. With sunny weather all year long, you can immerse yourself in your favorite sport, polish your technique and become an expert at your hobbies. Tennis aficionados, hikers, cyclists and golfers find heaven in Coachella Valley.
Even if you aren’t into golf or other outdoor activities, there is still plenty to do for those with extra time on their hands. Palm Springs is a conference town, so there is always something interesting going on, from the Palm Springs International Film Festival and The Biker Weekend in September, to the People Who Dance New Year’s Dance Competition. For those reasons alone, many retirees clamor for Rancho Mirage real estate properties or homes in other areas of close proximity.
The shopping options in the area are pretty amazing as well. There are tons of antique stores filled with unique, hard-to-find items, as well as posh fashion boutiques, mid-century modern retailers and consignment dealers. There are also many great art galleries and centers, such as the Backstreet Art District, which consists of a dozen artist-owned galleries and working studios featuring incredible collections of contemporary art by nationally and internationally recognized artists.
In addition, nearby Cabazon is home to some of California’s most renowned fashion outlets, including Desert Hills Premium Outlets and Cabazon outlets, a feature that benefits residents in the entire, including owners of Indio, Indian Wells, Palm Desert and La Quinta real estate properties.
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The beautiful gates of Desert Horizons Country Club.
This lovely free standing Doral floor plan is truly special, and it’s location may just be one of THE premier sites at Desert Horizons Country Club. 75483 14th Green Dr., listed at $850,000, perches at the end of a cul-de-sac with that very rare vantage point of the “T” of two fairways. The Eastern, gated sideyard, features a long reflective pool, and fairway view over the 10th to the Chocolate mountains.
Once you walk through the Entry gates, under the covered porch on the beautiful East side, you REALLY see the magic of this home..the Southern backyard. A swimmer’s pool with stacked stone spa and water feature overlook the 14th Green, to sparkling lakes and to the Santa Rosa Mountains. An amazing location!
This is the original home of one of the developers of Desert Horizons CC and they chose this site specifically. The home has been slightly modified with interior door heights of 7 ft. and the exterior wall was pushed out 4 ft. or so to increase the expansive feeling of the home. Approx. 3130 sf with 3 beds/3baths + an additional Den/office with a fireplace. Enter the front door to a great room with soaring ceilings, a dual-sided fireplace, step down wet bar and formal dining area. The kitchen was remodeled in 2008, as was the floor, granite and new pool equipment was installed. This Indian Wells luxury home needs some updating, but with this location? Wow..so worth it!
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If you’re an international buyer, get local help!
There are many areas in the Coachella Valley that are worth considering, from Rancho Mirage real estate and posh areas such as Bermuda Dunes, to Indio, Indian Wells and Palm Desert real estate properties. Once you’ve determined the exact area you’re most interested in, the next and most important step is to find a real estate professional such as a listing agent or a short sale realtor with expertise in the markets you want to explore.
Working with a local professional is important for many reasons. They’ll be able to advise you on property, tax and title laws, as they are entirely different in each country. A specialist with expertise in the area can also provide information regarding the cost of living, local industries, and market fluctuation. In addition, they’ll be privy to the latest and most desirable listings among Rancho Mirage real estate and other areas, and have insider knowledge on the best dining options, shopping and local recreational activities.
When you’re interested in purchasing international real estate, make sure to choose a short sale realtor or other real estate professional with extensive, long-term knowledge of the area you’re most drawn to. They’ll help you find the most amazing Palm Springs homes for sale and make the purchase of your second home or holiday respite a smooth transaction that is as stress-free as possible.
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Here are some great tips to help you save money to purchase some real estate!Ask any real estate agent or short sale realtor and they’ll tell you that many first-time buyers are most nervous about the down payment they need to make on their first home. While some mortgage lenders offer different information, with a traditional mortgage, 20 percent of the purchase price is typically what is required. Whether buyers are interested in Indio real estate, Rancho Mirage Real Estate or even a property on the east coast, the best possible interest rates will be yielded with a significant down payment, such as 20 percent. The question is, how do you save up for this substantial purchase?
For most first-time buyers, a 20 percent down payment is daunting. A home worth $400,000 translates to an $80,000 down payment. For example, those searching Rancho Mirage real estate properties for a three bedroom home could be looking at much more than that. However, keep in mind that the advantage of making a sizeable down payment is that you’ll have instant equity in your home.
For first-time buyers, there are several things you can do to increase the resources available to you. Many short sale realtors work with buyers who borrow against their 401k investment funds to help finance a new home purchase. In addition, some IRA accounts offer a provision for withdrawals for buyers purchasing their first home. Check with your bank or money manager to find out if either of these options might work for you.
If you are currently saving money for that down payment on your dream home, make sure that you’re getting the most bang for your buck. This means putting your money in a high-yield account, such as a money market account. You can also invest your savings into a certificate of deposit (CD), though it may offer less flexibility and liquidity. Look for a high APY and do what you think will be reasonable for your lifestyle in terms of saving and not being able to access those funds without penalty.
Whether you’re searching for Indio real estate properties, another area in the Palm Springs Valley or an entirely different region, it’s important to educate yourself on the best ways to invest your money and how to get the best price on your dream house. Good luck on this life-changing step!
Image Source: www.apartmentsetc.com
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The Movie Colony is home to some great historic Palm Springs homes for sale!
Likewise, when owners list Palm Springs homes for sale, often times, they are thrilled to discover that the neighborhood itself boosts their asking price. Studies have shown that home values rise significantly in historic districts, from between 5 and 30 percent per decade. While the posh areas of Coachella Valley offer a wide-ranging selection, from modern options in Palm Desert and La Quinta real estate properties to the country club vibe found in Indian Wells real estate, some find that living in a neighborhood where Marilyn Monroe, Frank Sinatra or Cary Grant once resided holds a special allure.
When a neighborhood is designated as historic, it help ensure that your real estate investment will be protected over time, as there are explicit design limits on demolitions and exterior remodeling that doesn’t fit in with the character of the neighborhood. The goal of the historic designation is to foster an improved image of the community; this extends to protecting the area against specific threats of development that are not in line with this image, while encouraging reinvestment and development that is cohesive with the community as a whole.
When there is reinvestment and positive development in any area, whether it’s among Indian Wells real estate or a historic neighborhood in Palm Springs, this can only have a positive effect on the cumulative value of the properties in the area. So while you may not be searching for a historic designation, make sure to assess the neighborhood as a whole when you’re buying a new property.
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Indio is home to some truly luxury real estate like this!
Another attractive feature of Indio real estate is its proximity to the other dynamic cities of the Coachella Valley: Palm Springs, Palm Desert, Rancho Mirage, La Quinta, Indian Wells and Desert Hot Springs. The charming, sometimes sleepy town is known as the “City of Festivals,” as hundreds of thousands of visitors are exposed to Indio each year, not simply due to its proximity to the extremely popular Coachella and Stagecoach festivals, but for its own diverse slate of events. The International Tamale Festival takes place in Old Town Indio, which includes a parade, carnival and folkloric dancing, is ranked as one of the top 10 “All-American Food Festivals” in the country by the Food Network.
The fully lighted Indio Municipal Golf Course, which offers one of the longest par 3 courses in the country, ranging from 120 to 240 yards, also hosts the Coachella Valley Drive, Chip and Putt Contest, a free event where children ages 7-14, regardless of their skill level, can compete in a fun series of events that helps develop their golf skills. The Empire Polo & Wine Festival offers the perfect blend of sophistication and excitement by pairing world-class with samples of wine from Temecula Valley wineries. There is literally something for everyone in this diverse, growing town.
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Working with a Realtor will save you time and money!
Whether you’re searching for Rancho Mirage Real Estate, homes in the Palm Springs valley or are looking on the east coast, a Realtor can be an invaluable resource. For starters, they can help you determine how much you can actually afford, as well as recommend alternative financing methods. A local Realtor will have expertise as to current real estate values and taxes, and also be able to help you estimate a monthly household budget. For example, if you’re seeking Palm Springs homes for sale, if you have a local Realtor, they will be able to advise you on the costs of utilities, cable and municipal services. In addition, they may have some inside knowledge of local zoning changes that may affect your purchase decisions.
Another great benefit of working with a Realtor is that you won’t be going in cold and wasting valuable time. While a listing may look perfect online or on paper, you may arrive at the actual property and realize that it’s just not going to work for you. However, if you have a local Realtor, they will show you properties that are best suited for your family’s needs and specifications, from size, number of bedrooms and style to transportation access and location. For example, if your dream is to find that perfect piece of Rancho Mirage real estate and you have several young children, you’ll want to use a local expert who can find you a house that lets you enjoy all the benefits this gorgeous resort community has to offer, yet with proximity to the best schools, parks and community activities.
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I often hear, and believe, that our Palm Springs Valley offers something for everyone. And so it is with Desert Island in Rancho Mirage. One of a kind, this 226 unit condo complex built in approx. 1971, on Bob Hope and Frank Sinatra in Rancho Mirage, consists of 3 hi-rise buildings, each with it’s own heated pool/spa.
Condo sizes range from approx. 1500 sf to approx. 3000 sf with some penthouses coming in at near 5,000 sf. Prices range from approx. $170,000 to approx. $1,000,000 for penthouses.
What’s the draw?? Desert Island is nestled on a lush, green 25 acre island right in the middle of Rancho Mirage!! The island is surrounded by a mesmerizing lake, which is encircled by a 110 acre, 18 hole Championship, private golf course! Wow!
Desert Island offers many amenities for it’s approx. $845/month HOA.
Interested? Give me a call at 760-285-3578 to schedule a showing of any of the Condos currently available for sale.
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La Quinta Fairways entry gate
Location is everything, right? When you are looking for a reasonably priced single family residence in the city of La Quinta and it has to be gated..consider La Quinta Fairways.
Located off of 50th in La Quinta, this RJT built community is lovely. Homes were built in early 1990’s,and offer both quiet, interior locations and also fairway homes. The low HOA of approx. $220/month includes front yard landscape and guard manned front gate + trash pick up. The fairway is part of the Mountain Course at the La Quinta Hotel and Country Club. Golf Membership is available through that club which is just down the street.
About 5 minutes from charming Old Town La Quinta, this quiet, friendly community offers both full-timers as well as seasonal home owners a secure place to call home.
Home prices range from approx. $275,000 to approx. $650,000.
If you are looking for a nice sized home in a gated community with manageable HOA’s..consider this to be one of your best choices in La Quinta…La Quinta Fairways.
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..Don’t forget to sign and return all your docs!
Buyers and Sellers of ALL properties here in the Palm Springs Valley-return all of your documents! Whether it’s a Short Sale, Foreclosure, or equity Sale, there always seems to be a “few missed.”
A word of caution to Buyers and Sellers alike…please review your docs carefully and return them all. Docusign helps dramatically, but as the deal moves forward, there are going to be disclosures coming from the other side, negotiations on Repairs and credits, Pest results and potential negotiations..really, on and on.
Read your documents slowly, review them carefully, call with any questions, sign and date every single place indicated (I always put large arrows so you cannot miss them.), and return them all together when possible as it is then easier to track what you have signed and returned. If a signature/date place is missed, it will be returned. Not a panic, but a time waster.
With so many of my Sales coming from out of towners, it is really critical to slow down, ask questions, then take your time signing/dating the docs. Most importantly? Return them! Always call with ANY questions, then follow up and return all the docs. If you delay, you may misplace something and then when the clock is ticking down, the pressure intensifies..who needs that?
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