Real estate blog entries tagged with first time buyers by Paul Kaplan, MidCentury Properties, Condos, 1st time buyers, in Palm Springs (Pacific Union GMAC Real Estate, an affiliate of Christies )

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first time buyers: Sales are up over 50% in the Palm Springs area due to bargain priced properties - 11/20/08 08:07 PM

The Desert Sun reported today: "Coachella Valley home sales during the third quarter of 2008 jumped 51.5 percent compared to 2007, driven predominately by buyers nabbing foreclosures and other distressed properties that have been sharply discounted."
Bargains for buyers: Although sales are up, averge prices are down. This is partly a … (2 comments)

first time buyers: Why isn't the seller accepting my offer that is 50% below the asking price? - 10/29/08 07:04 PM

What is a realistic offer in this market? Clients come to me all the time and say, "I WANT A DEAL." The media talks about all the great deals in real estate- and there certainly are bargains to be had! You may find good buys on properties priced 50% below what the … (5 comments)

first time buyers: The Home Seller's Guide To Listing Your Home - 09/05/08 02:18 PM

Home Seller's Guide to Listing
15 Home Listing Tips
1. Pricing Your Home Right

Your agent can research comparable sales in your area and advise you
of the appropriate price range for your property.
2. Be Flexible on Financing Terms

Have your agent explain what financing options … (1 comments)

first time buyers: Understanding Escrow- in California - 08/27/08 06:17 PM

In California, the transfer of a property is handled through an Escrow company. For first time buyers, out of state buyers, and foreign nationals not familiar with this process, here's a basic explanation of how Escrow works:
What is Escrow?Escrow is a process that evolved to ensure protection for all parties toa … (0 comments)

first time buyers: Are short sales a good deal for most buyers? - 08/24/08 06:32 PM

Some more insight on Short Sales:

Via Colleen McConnell:
Short sales can be a great buy, often significantly below market value. The down side is the length of time it may take to get a decision from the seller's lender. This can cause problems if the buyer is a renter … (1 comments)

first time buyers: HOME BUYING Step by Step for beginners - 08/22/08 05:24 PM

Some basic info for first time buyers and foreign nationals buying in the US: Choose & Meet Your Realtor

Building a solid relationship with a realtor is important. He or she will be working closely with you in finding the perfect home to meet your unique needs. Professional realtors have … (5 comments)

first time buyers: Recent article in CNN Money on the Housing Rebound - First Time Buyers taking advantage of the market - 07/10/08 07:18 PM

This was posted at the end of June, but is an interesting article in CNNMoney.com
On the path to a housing rebound
We've experienced an influx of first time buyers in the past few months, as houses have become more affordable then they have been in years. As a resort community, … (3 comments)

first time buyers: First time buyers flocking to affordable Palm Springs - 07/03/08 10:21 AM

I've noticed a change in my buyers' profile in the past 6 months. I'm seeing more and more first time home buyers entering the marketplace. My last four sales have been to first time buyers.
Why are they coming to Palm Springs? With recent price reductions, Palm Springs is once again … (0 comments)

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