My buyers want to get an FHA loan to purchase a condo in Palm Springs, and asked me, today, which condo complexes are approved for FHA loans. Since I get this question, quite often, I thought I would share the answer here, for other buyers.
Unfortunately, there are very few. In fact, according to one of our local lenders, Bradley Mullen, with Franklin Loan Center, there are only 9 complexes in the city of Palm Springs, currently approved for FHA financing. See flyer, above, for Bradley’s contact information. FLC also does conventional, VA and other loans.
The 9 FHA Loan approved condo developments are:
Los Pueblos Assn.
Palm Springs Country Club Phase V
Sunrise East Condos
Please contact me today, at the number listed above, to make an appointment to see any condo currently listed for sale in one of these complexes, or any other condo complex in the city of Palm Springs.
With only 9 condos in this unique, historically designated complex, Pompeii De Las Palmas, Palm Springs midcentury modern condos rarely come on the market. And this makes these Romanesque, Hollywood Regency style condos even more desirable.
Please contact me today, at the number listed above, to make an appointment to see any home or condo currently listed for sale in the city of Palm Springs.
In 1966, “The Sound of Music” was nominated for 10 Academy Awards and won 5 of them, including Best Picture of the year.
One of the stars of the film lived in Palm Springs, until her death in 2013, at the age of 91. Her former Canyon Estates home is currently for sale, for under $500,000.
The south Palm Springs midcentury modern development, where she lived, was designed by architect Charles E Dubois. The community has a clubhouse, a fitness center, 15 pools, 12 spas and a 9-hole golf course, with no green fees for owners. The homeowner association fees include cable TV and earthquake insurance.
Over the years, Palm Springs has been home to 100s of Academy Award winners and nominees. If you’re looking to purchase one of their former homes, or a home in one of their neighborhoods, or if you just want a home where you can throw a fabulous Oscar party, please contact me today at the number listed above.
The Lantana Lodge was originally a motel, built in 1947. The 14 motel rooms were converted into condos, in 1966.
The Midcentury modern Palm Springs condo resort is located in the historic El Mirador neighborhood, just two blocks from the Desert Regional Medical Center, that now occupies the former grounds of the legendary El Mirador hotel, where Hollywood movie royalty once stayed and played.
The home owner association or HOA fees are currently $500 a month and include utilities.
Contact me today to see any of the condos currently for sale in this much sought after complex.
One of the free events, still open, at this year’s Modernism Week is the “E. Stewart Williams, Architect : A Palm Springs Modern Master” exhibition.
Daily during Modernism Week, from 10:00 am – 6:00 pm
Palm Springs Public Library, Main Atrium
300 S. Sunrise Way, Palm Springs, CA 92262
Emerson Stewart Williams (1909-2005) is probably best known as the architect of Frank Sinatra’s Twin Palms, Palm Springs estate. The home is one of the most iconic midcentury modern residences in the desert, and perhaps the world. Many of his other well known works will also be exhibited.
To view other free events during Modernism Week, click the link below.
As Realtors, we are asked lots of questions, and are happy to answer them all, if we can. Below is an email I received today. The buyers asks a question that I’m often asked:
“Hi Steve, can you tell me which areas are the safest in the desert? May sound like a silly question, but we have no idea. We were looking at a unit in [a popular neighborhood] and were told it was a high crime area. I Googled it and it seems as if that is true. Would you say [another popular neighborhood] is in a safer area? Thanks”
Here is how I always answer this popular question: The best way to check neighborhood safety and crime statistics is to go online. Each city usually has a website that lists crimes by type and area. You can also call the cities and they can often give you this information over the phone. Anything I could say on the subject would just be hearsay and not based on fact. I can only speak to the neighborhood I live in, and even that would be mostly based on what I’ve heard.
Bottom line: It’s always best to go to the source for the latest and most accurate information. And the best source from crime information is the probably the police department.
If you want to know what homes are selling for or how to quickly sell your home at market value, I’m pretty certain that I’m the best source for that and can offer you the most accurate and up to the minute information.