5 Bedroom, 5 Bathroom Palm Springs Home For Sale $349,900

Contact me for complete details about this 5 bedroom, 5 bathroom, approximately 2,700 square foot home in Palm Springs, California. You own the land and there are NO HOAs.

stevestewart@kw.com or call the number above.

CLICK HERE TO SEARCH RACQUET CLUB WEST HOMES FOR SALE

OPEN HOUSE: Racquet Club West, Palm Springs, Saturday April 5th-Noon-3PM

racquet club west 5 bedroom home for sale in palm springs caOPEN HOUSE This Saturday, April 5th from Noon to 3pm.

This large and unique 5 Bedroom, 5 Bath home was previously used as an Alzheimer’s’ Care Home and was retrofitted for multiple patients.

This might be the perfect home for anyone looking to start a home-based health care business, recovery/rehab home , day care or even a multiple family living situation with great bedroom/wing separation.

Location: Racquet Club West, Palm Springs
Address: 390 W Cortez Rd, Palm Springs, CA
Details: 5 bedrooms, 5 bathrooms with lots of upgrades
Approx Square Feet: 2,777
Year Built: 1990
HOA (Monthly Homeowner Association Fees): None
Land Type: You Own It
Asking Price: $349,900

Please contact me today, at the number listed above, if you would like to see this home prior to the open house.

CLICK HERE TO SEARCH RACQUET CLUB WEST HOMES FOR SALE

Palm Springs Vacation Rentals Are All About The Bathrooms!

What’s the most important item to consider when purchasing a Palm Springs home to put on the market as a vacation rental?

According to one of the top rental agencies in the city it’s the number of BATHROOMS!

In fact, he says they aren’t in the rental business, they are in the bathroom business. That’s how important lots of bathrooms are when calculated how much you can rent your Palm Springs home for as a vacation rental.

The ideal vacation rental will have at least 4 bedrooms and 4 bathrooms.

If you’re considering purchasing a Palm Springs home to use as a vacation rental, contact me today. I will provide you with the annual gross rental estimate of any home you are considering.

CLICK BELOW TO SEARCH ALL PALM SPRINGS HOMES FOR SALE

http://stevestewart.kwrealty.com/listings/areas/46173/propertytype/SINGLE/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale,Lease+Rent/

Palm Springs Condos And Townhomes With Private Pools For Sale

As of today, there are only 9 Condos/Townhomes for sale on the MLS in the city of Palm Springs with their own private pools. Prices start in the mid $300,000s and go up to the high $600,000s.

Condos with private pools make great rental investments, weekend homes and low maintenance full-time residences.

Contact me today if you would like me to email you the MLS link or if you want to see any of these condos/twonhomes in person. stevestewart@kw.com or call the telephone # above.

17 Single Family Homes For Sale In Palm Springs Under $300K

As of today, there are only 17 single family homes for sale on the MLS in the city of Palm Springs under $300,000.

Most of these homes are fixers, short sales or foreclosures. Home prices have risen dramatically in the past couple of years and continue to rise.

Contact me today if you want to see any of these homes in person. stevestewart@kw.com or call the telephone # above.

22 Condos For Sale In The City Of Palm Springs Under $100K

As of today, there are only 22 Condos for sale on the MLS in the city of Palm Springs under $100,000.

Condo prices have risen dramatically in the past couple of years and continue to rise, so this may be your last opportunity to take advantage of the last few great condo deals.

Contact me today if you want to see any of these condos in person. stevestewart@kw.com or call the telephone # above.

OPEN HOUSE: Mountain Gate, Palm Springs-Sunday March 30th, Noon to 3pm

mountain gate palm springs foreclosure pool home for salePlease stop by my Open House today, from Noon to 3pm today and see one of the best values in the city of Palm Springs.

This is a single story, single family, pool home in a gated community with mountain views and very low HOA fees of $110 a month. This is a foreclosure and one of the lowest priced homes in the city of Palm Springs.

Location: Mountain Gate, Palm Springs
Address: 1146 Oro Ridge
Details: 2 bedrooms, 2 bathrooms, attached 2-car garage, fireplace, swimming pool and lots of upgrades.
Asking Price: $274,900

 

How To Get Your Home Loan Approved More Quickly

Last week, Stuart Snipper, the Senior Loan Officer Franklin Loan Center shared tips on how to make sure your loan does not fall apart before closing. This week, he shares his tips on getting your home loan approved more quickly.

For buyers wanting to close on a purchase quickly, note that there are a lot of factors that will be beyond your control. For example, you cannot control how fast an appraisal is performed because the appraisal requires the cooperation of the seller; nor can you control how quickly a title search is performed by a title company.

However, there are steps you can take to make sure your loan gets approved as fast as humanly possible. Step one is to be prepared.

1. Know Your Paperwork Requirements

It’s no secret. Mortgage lenders like paperwork. When you’re buying a home, you’ll want to be prepared with the most commonly-required verification documents. This can include W-2 statements and federal tax returns from the last 2 years; your two most recent paystubs; and your last two bank statements.

You should also have a copy of your driver’s license handy, as well as the social security numbers of everyone whose name will be listed on the mortgage. Furthermore, if you know you have a unique credit situation such as a recent short sale or foreclosure; child support or alimony payments; or gift funds from a relative, have the relevant, related documentation ready.

This “gathering paperwork” step can be the most time-consuming one in the mortgage approval process. You know you’re going to need the documents. Consider scanning them and having them ready in advance. This can save days off your approval time and help you reach your closing more quickly.

2. Don’t Keep Secrets From Your Lender

Be honest and open with your lender — even if you worry that what you share may harm your approval. There are two reasons for this.

The first reason to share is that withholding information from your mortgage application can constitute loan fraud, which is a far worse outcome than not getting mortgage approved. The second reason is that your mortgage lender will often uncover what you’re electing not to share anyway.

As part of the mortgage approval process, a credit check is performed and various “occupancy tests” are conducted by an underwriter. Employers are contacted to verify job status and public records are sometimes checked as part of the approval. With so many mortgage programs available for today’s home buyers — from large-down payment to low down payment to no down payment at all — the more information you share with your lender, the more equipped he’ll be to help you close quickly.

3. Use Pre-Approvals To Speed Closing Time

For a buyer, mortgage pre-approvals are among the most under-used tools to speed a purchase closing. Home buyers with pre-approvals in-hand at the time of offer can typically reduce closing times by one week or more. It’s because of the role which a pre-approval plays to a lender. Mortgage pre-approvals are “dry runs”; approvals based on an expected set of loan criteria which will eventually go to closing.

During the pre-approval process, your lender will take a complete loan application which includes performing an income and asset verification, and he will account for specific loan traits which may affect your final approval such as your personal credit scores, any required child support payments, and the availability of a co-signer, as examples.

In fact, when a pre-approval is issued, the only missing item is often the physical property address of the home being purchase. To compensate, lenders use dummy information based on probable loan data including a sample purchase price, a sample real estate tax bill, and a sample homeowners insurance policy and/or homeowners association assessment, where applicable.

With their loan “pre-approved”, buyers can move immediately from the “Writing The Contract Phase” to the “Underwriting The Loan Phase”. This can save 7 days or more days from the approval process.

4. Save Time : Get Pre-Approved First Apply on line

For buyers looking for a quick closing, it can be tough to buy a home in less than 30 days. However, plenty of buyers are doing it. The key is to be prepared and the first step in getting prepared is to get mortgage pre-approved. Pre-approvals will help strengthen the offer you make a home, and they’ll help your mortgage approval go through more quickly. So, get started with a pre-approval today and see how much home for which you’ll qualify.

Contact: Stuart Snipper, Senior Loan Officer,  Franklin Loan Center
FHA | VA | Conventional | Jumbo
Office: 760.779.8169 | Mobile: 760.702.6949 | Fax: 760.927.3123
CalBRE# 01847230 | NMLS# 275529

Midcentury Modern Fixers Still Available In Palm Springs

Searching for a Midcentury modern Palm Springs home or condo fixer? Contact me today. There are still a few available.

My associate and I just sold this Midcentury modern condo fixer, at Villa Riviera, near downtown Palm Springs, for under $200,000.

CLICK THE LINK BELOW TO SEARCH MIDCENTURY MODERN PALM SPRINGS HOMES AND CONDOS FOR SALE

http://palmspringshomesandcondosforsale.com/homes-for-sale/midcentury-modern-homes-condos/

California Senate Bill 407 Could Effect Your Palm Springs Home Purchase

water retrofitting law to effect homeowners
In case you haven’t heard, California is in the middle of a drought. And, we live in the desert. This means water conservation is especially important to Palm Springs homeowners.

Home buyers are also effected when they purchase a Palm Springs home. By January 1, 2017, the new California Senate Bill 407 will require homeowners to retrofit their toilets, shower heads and other interior fixtures to reduce water flow on homes built prior to 1994.

So, if you are planning to purchase a home built before 1994, you may want to factor this extra expense into your home purchasing budget.

CLICK THE LINK BELOW TO SEARCH ALL PALM SPRINGS HOMES AND CONDOS FOR SALE ON THE DESERT AREA MLS

http://stevestewart.kwrealty.com/listings/areas/46173/propertytype/SINGLE,CONDO,MULTI,LAND,MOBILE,INCOME,RENTAL/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale,Lease+Rent/