Palm Springs Central Palm Springs REO under $300K (527)
Tuesday, December 11th, 2007Central Palm Springs Home - 2BR, 1.5BA in Ruth Hardy Park. Built in 1947, 1009 sft., 6000+ sft Lot, In-Ground Pool. Great mountain view from backyard. Current asking price: $357,000 As-Is Price reduced to $329,000 PRICE REDUCED to $299,000
MOORE-CARLSON GROUP OPINION OF VALUE: Thumbs Down!!! This house could have good potential, but seems to need TLC as it seems to have suffered obvious neglect to pertaining to the pool, roof, and most aspects of landscaping in the front & rear yard, as well as other areas. The interior seemed very dated with no major updates or upgrades noticable. The basis for our opinion….come let us show you the listing directly next door (not bank owned), which is 6 years newer, over 500sft larger, 4BR-2BA, a pool that appears to be brand new, with the interior that seems to be extensively remodeled…new bathrooms, kitchen, floors, you name it - and priced under $400K. Either that property is a real steal - or the REO needs a major price reduction.