ANOTHER SHORT SALE CLOSED; Indio, California   This one took some fancy footwork, but got it listed and closed in less than 90 days..whew!

Sellers came to me two weeks before Sale Date end of August.  There was a tenant in the house, and they would not allow entry to Buyers..so "contingent upon Inspections" was in…

Today's Desert Sun newspaper reports again that our resort valley is continuing to see home Sales numbers increase over last year.  We have amazing winter weather, tons of things to do, and the most gorgeous views.  Plus..only 2 hours from Big Bear to ski, about the same to the beaches, and about another 1/2 hours to Los Angeles!  What could be better???Palm Springs Valley home sales rise again!

HAMP CHANGES ARE COMING...but will they help???  It's hard to say, but probably not much!  If you have a Fannie or Freddie backed loan, are current on your payments for the past 6 months, you might apply again.  The % your property may be underwater is being relaxed, the time line extended to 2013..so if you're one of these borrowers, why not give it a…

Another HAFA Short Sale approved!  Indian Creek Villas, South Palm Desert.  This was a Bank of America, only one loan.  Hardship was death in the family and the emotional toll it took on the homeowner.  Listed and approved in approximately 60 days..we have 45 days..until 12/1 to close it.  Cute Condo that sold at the peak for over $200,000...approved at $58,500.  Hard to believe!  The owners will be primary residents so lucky for…

I understand why a Short Sale Tenant would be mad about the Sale of the home they are leasing is going down.  But..these tenants were advised the entire way through-by phone and certified letters.  I've met them in person to advise as to COE..have even offered to help find them another Rental. 

They are two months behind in rent and this Short Sale is to record on…

Interesting that they were last minute listings here in the Palm Springs, CA area.  One in North La Quinta and the other in West Indio..both had Sale Dates set of approx. 21 days out.  Both Sellers had been denied Loan Mods and were at wits end and OVER the banks!

Chase has always been tough for me,…