You won’t want to miss this opportunity to live the Country Club life affordably in Indian Palms CC in Indio !!! This home is not a Foreclosure or Short Sale . . . it’s just priced like one. The home is unusually large, newer, (2004), has 4bd/2.5 ba and is on an oversized lot and with gated RV parking!
Best yet? This home is in the LOW HOA area of the Club. You enter the front through the security gated and covered front porch to this freshly painted, newly carpeted home with lovely, neutral, 18×18 Ceramic tile floors. The kitchen is VERY Large and sports granite tile counters, a breakfast bar and stainless steel appliances.
This home has a separate dining area and also a family room with a fireplace. The Master bedroom has a comfy bathroom with a spa tub, large shower stall and Vanity area. The walk-in closet features extensive built-ins. Ceiling fans are present in just about every room, including front and back covered porches.
The interior Laundry area, with a skylight, is close to the double garage. There is even a central vacuum system installed! Two A/C units, wired for hi-speed, built in desk and media area in 4th bedroom. Wow! PHOTOS up on 5/28.
Hurry on this one, it won’t last, priced low at only $217,000 !!! To tour this home, call Kimberley Joy Kelly, listing agent with HK Lane Real Estate. She’ll be happy to answer your questions and help you find the home you’ve dreamed of. Call her at 760-285-3578 or email her at kjkpolo@earthlink.net
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Just Listed !!! Check out this new Short Sale Listing in
fabulous Bermuda Dunes Country Club! A little TLC is needed on this home, particularly the outdoor living areas, pool & spa and landscaping.
It’s a great home located on a great street, with 4 bd/3 ba on a large lot with a circular driveway. The backyard is south-facing and has a covered back porch and large pool with spa. The Kitchen had a $35,000 remodel about 3 years ago (per Seller) and includes a custom pantry, Bosch dishwasher and gas cooktop, KitchenAid dual ovens (all stainless).
One of the 3 full bathrooms has been completely remodeled in this home. The floors are 18×18″ ceramic tile set on the diagonal and all bedrooms and the great room are carpeted.
The Master bedroom has two walk in closets . . . and a Sauna !!! The 4th bedroom has a large built-in desk which could easily be converted back to bedroom space.
Bermuda Dunes Country Club offers an exceptional quality of life and some of the finest golf in California. It has hosted the PGA tour event, The Bob Hope Classic, for 49 years and has been home to celebrities such as Clark Gable and Arnold Palmer. The club is surrounded by gorgeous views of the San Jacinto Mountains, rolling fairways, fresh water lakes and luscious desert landscaping. . . and the homes are built around 27 scenic holes of classic style golf. The community is comprised of 17 Home Owners Associations and The Dunes Residence Club, a boutique style Residents Club for golfers – and offers the perfect desert lifestyle.
This home is a steal,
offered at $240,000. Trying to get a COOP Short Sale out of this one – that’s where Bank of America does a co-operative Short Sale listing and once it’s pre-approved, we can Close It within 45 days !!!
Just another Short Sale opportunity presented by the
Palm Springs Valley Short Sale Closer, Kimberley Joy Kelly…
I list, work and CLOSE my short sales, and I’ll CLOSE this one too!
Most everywhere across the country, and in La Quinta too, all you have to do is look in the local paper at the ‘For Rent’ section of the Classifieds to see that the rent prices are climbing. At the same time, home prices are either still declining or remain at a relative low. This is enough to get some reluctant home buyers into the game and ready to take the plunge into home ownership and the current spring selling season is reflecting this trend.
Other factors contributing to the increased buying activity – sales made by investors and second-home purchasers . . . but, realtors are saying that they are hearing complaints from people who are currently renting about the rise in rental prices. Experts are saying that due to the rising rents (avg. apartment rents rose by 2.7% last year) coupled with stagnant or falling home prices and available low interest rates, demand for entry level homes is on the rise. They also believe that 2012 will be the first year since 2005 that the percentage of apartment renters moving out to buy a home will increase from the previous year.
Some housing analysts say that historically, the cost to rent an apartment has been about 10% lower than the after tax cost of owning a home. That discount began falling in 2010 and last year disappeared entirely. By the end of last year, it was found that the cost to rent an apartment was about 15% higher than the cost to own a home – showing that conditions are “overwhelming” in favor of buying now.
But not all markets have been seeing the same trend – for instance, in Orange County and NYC, where home prices are extremely high, it is still cheaper to rent. But even NY realtors say sales of small studio and one-bedroom apartments are brisk because renters don’t want to pay such high amounts to rent – so may as well own.
Spring home sales are bustling . . . and the question remains, To Buy or Not to Buy . . . stay tuned !!!
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If you have been to La Quinta, or have even just seen pictures, you know the obvious reasons this is an amazing place to call home. The idyllic setting when viewed on a map seems almost too good to be true! Whether you are a golf fanatic or someone who just loves a great desert sunset, La Quinta is also a prime location for a second home. The golf, the mild climate, the golf, the mountainous landscape, the golf; need I say more?
But beyond all those somewhat superficial qualities, there are two very substantial reasons why now is a fantastic time to consider La Quinta real estate. With mortgage rates falling below 4% on a 30-year note for the first time in decades and property values still well below bubble year prices, it just might be time for you to create your own version of that jaw-dropping cocktail party ‘I bought my home in La Quinta for (insert dirt cheap value here)’ lore.
For example, a 3 bedroom, 3 bathroom, Rancho La Quinta Country Club home that was listed in 2008 for $749,000 is now listed for $535,000. That’s almost a 30% price break, folks! Going a step further, let’s figure that with strong negotiation you are able to purchase the home for roughly 93% of list price, or $500,000.
Your monthly principal and interest works out to about $2,200 figuring 10% down and a 4% interest rate on a 30-year note. Just a few short years ago, that same house would have cost you nearly double each month, figuring conservatively $700,000 at 5% for 30 years.
I know what you are thinking…even though La Quinta real estate is clearly a good investment right now, you have your current home to sell and face the same issues these sellers do with a lackluster market and soft prices.
What I would ask you to consider is that on a move-up purchase, the percentages work out so you are gaining more on the buy side than you are giving up on the sell side. To illustrate this point, let’s say that what you have to sell is a bottle of water that’s missing 10% of its contents.
Most bottles of water contain 16 ounces, so your bottle of water now has slightly more than 14 ounces available. Visually, it would not even look that different than a full bottle. But let’s say somebody else has a gallon jug of water to sell that is also missing 10% of its contents. Their jug is missing a whopping 13 ounces, almost the total amount of your bottle! That jug looks a lot less full than your bottle, right?
La Quinta homes for sale number in the thousands, ranging from the low-$100s to the several millions. New construction continues to be built as well. In addition to a huge variety of price ranges, there are also several different types of properties to consider, including; golf course or non-golf course, gated and non-gated communities, as well as equestrian properties. There truly is something for everyone.
When you consider the topography; surrounded by mountains and a short drive to the coast, La Quinta is the place to be for outstanding views, a variety of hikes, and some of the best and most prestigious golf California has to offer. Combine that with today’s mortgage rates and deflated prices, and there is really no reason to wait. For all these reasons, La Quinta real estate is now and will always be an outstanding value.
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