Archive for December, 2007

Palm Springs South End Condo REO on Fee Simple Land (2522)

Thursday, December 20th, 2007

SOLD $240,000 South End condo in very popular well sought after area on Fee Simple Land. 2Br/2Ba, 1542 sft., built in 1966, next to association pool/spa, excellent mountain views. Current asking price: $239,900

MOORE-CARLSON GROUP OPINION OF VALUE: Thumbs Up!!! For one, the price is attractive. Under $240K…in a great area, on Fee Simple Land, you just can’t go wrong. The interior needs some work…and it appears that the association needs to look into possible leaks in the ceiling. Otherwise, the condo is clean and has the potential to be a beautiful home for somebody.

Condos On Market in Palm Springs 12/20/07

Thursday, December 20th, 2007

There are currently 633 condominiums on the market in Palm Springs.

Houses On Market in Palm Springs 12/20/07

Thursday, December 20th, 2007

There are currently 663 single family homes on the market in Palm Springs.

Palm Springs Great potential REO in Las Palmas (475)

Friday, December 14th, 2007

CANCELLED LISTING. PRICE REDUCTION:  $799,000  3BR/4BA, 2742 sft., 1955 home in Las Palmas. Pool, Spa, mountain views from backyard, many updates/upgrades. Just shy of 1/3 acre. Asking Price: $999,000

MOORE-CARLSON GROUP OPINION OF VALUE: Thumbs Up!!! Currently the only listing in Las Palmas under a million dollars. The inside of the house appears to have undergone a lot of updating/upgrading, including kitchen, baths, flooring, etc. The exterior of the front house is…well,…we’re still trying to figure out what the intent was. Enough said. This house has great potential - being in the right subdivision, and with a bit of an investment and some flexibility in price, this could be well worth looking at.

Palm Springs Desert Park Estates REO under $310K (1850)

Tuesday, December 11th, 2007

Desert Park Estates, 4BR-2BA, 1584 sft., 2 car garage, built in 1972, In-Ground Pool & Spa. Asking Price: $319,000 PRICE REDUCTION….NOW $309,900

MOORE-CARLSON GROUP OPINION OF VALUE: Thumbs Down!!! Just our opinion….but this house is an example why not every REO has to remotely be a good deal. The floor plan goes all over the place, no curb appeal, the inside is trashed, smells horrible, and as for ourselves, we couldn’t wait to find the exit door. If you don’t take our word - we’d love to show it to you in person. The basis of our opinion - other non-REO comps as well as other REO’s in the same subdivision in much better condition, priced much lower. Contact us, and we’ll show those to you.

Palm Springs North End REO in Desert Park Estates under $300K (3081)

Tuesday, December 11th, 2007

IN ESCROW!!! Desert Park Estates, 4BR-2BA, 1584 sft., built in 1972, over 10000 sft lot. Asking Price: $293,900

MOORE-CARLSON GROUP OPINION OF VALUE: Thumbs Up!!! Comparing REO’s in that subdivision, similar square footage, this one is priced very well. It has some very nice upgrades…granite kitchen, very attractive flooring (possibly concrete stamped…or extra extra large tiles), beautiful views of the mountains, pool, upgraded slate water cascating spa, huge backyard…I saw this house a couple of years ago when it was priced over $150K more. In comparison to what is on the market currently, this one appears to be a good deal.