I haven't been listing nearly as many short sales this year. There are not as many upside down homeowners here in the Palm Springs Valley, and that's a good thing! I have also become very saavy about which short sales have the highest percentage for a successful closing.
New La Quinta short sales coming up next week …
1. North La Quinta single-family home in the highly desirable community of Bella Vista . One of the largest corner lots which also features a family pool and spa. Seller is being relocated out-of-state for a job. The note is with CITI mortgage.
2. PGA West champion for condominium on the Arnold Palmer course. $307,000. This condo has consistent rental history and has been well maintained. Seller has moved out of the country and cannot continue with mortgage payments. One note with OCWEN.
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