Two spectacular short sales coming up next week here in the Palm Springs Valley, California..

1.  Indian Palms CC, Indio, CA.:  This 3bd/3ba Condo is located on the Fairway and in great condition.  Appliances included other than washer/dryer.  Granite eat counter was added off the kitchen and there is a lovely, gated porch on the Fairway side of the…

Specifically...Lender names when talking about experiences with them with regards to Short Sales??? 

I have mixed feelings here.  Yes, I have posted blogs about my own experiences with particular Lenders.  They DO get responses..both from other Short Sale Agents which I find most helpful and even in some cases, the Lenders themselves.  I have had several stalled Short…

Just one more home loan adjusted, wiped off the books and a new buyer in place here in La Quinta.  This 3 bdrm/2ba courtyard POOL home was built in 1993 and approximately 1550 sf.  Currently has a tenant in place that has signed a lease with the new Buyers. 

Avenida Alvarado in the La Quinta Cove.

Original note value of $386,000.  Purchased in 2007.  Chase was…

This charming 3bd/2 bath home is located in the La Quinta Cove.  52255 Avenida Obregon  $148,000.  Well maintained and smartly designed inside with a large kitchen, family room and nice seperation of master bedroom and guest bedrooms.  The front yard features an enclosed, gated courtyard that is lushly landscaped.  Both sideyards are gated and the backyard is a green oasis from the desert heat. 

There is only one note with Chase on this home and the home has been a primary residence. …

Bank of America has a couple of new and updated news releases they just sent out..

1.  Bank of America Second Lien Release Guidelines: New and enhanced guidelines for Agents handling prperties with second liens on them.

• The Short Sale must be initiated on or after June 1, 2012.
• The Second must be attached to the First lien…

Another La Quinta Short Sale listed, negotiated and CLOSED!  Cute as a button 3bd/2ba single family in the La Quinta Cove.  Seller paid $318,000 in 2006, then added granite counter tops, 18 by 18 ceramic tiles floors with hardwood floors in the bedrooms and even a custom fireplace mantle!  One note with Carrington Mortgage and SOLD for…