Sonora Wells Short Sales Indio CA
Follow the yellow brick road and just beyond the cascading waterfall you enter the gates of Sonora Wells. Located between Monroe and Jackson Street in Indio, CA., Sonora Wells is a community like no other. However its distinctiveness does not exempt it from today's short sale market.
Short sales are the result of the decline in home prices over the last several years. The builder of Sonora Wells, D.R. Horton, sold these homes in 2006 between $300,000 and $400,000. Unfortunately these values could not be maintained after the crash of the market and the home prices have adjusted to between $130,000 and $200,000.
From a buyer's stand point, a short sale can offer an opportunity of great value. But to save you a lot of heartache & headache, be sure to work with an experienced short sale agent such as myself. Search Indio Short Sale Listings
Whether you are looking for a home with lots of square feet or something more economical, Sonora Wells has a home for you. Sonora Wells has floor plans starting with 3 bedrooms and 1844 square feet to 5 bedrooms with more than 3600 square feet. Some homes offer 3 car garages.
Sonora Wells offers homeowners the use of amenities including a resort style lap pool, BBQ area, a jungle gym area for kids, and a dog park. Search Sonora Wells Homes for Sale
Sonora Wells has around 363 homes and its monthly association fee is approximately $170/month and is expected to be around $142 at build out. The association covers the perimeter wall, the gated entry, and the common areas and pool. The tax base is roughly 2% of the purchase price.
Sonora Wells and many other newer communities in Indio, many of them North of I-10, dropped in value. But for today's buyer, a short sale offers a newer home at half the original cost! I can't think of a better time than now to buy a new home. It's not too late to buy a short sale but these homes are in demand and selling fast. Contact me and ask to be the first to know about new short sale listings in Sonora Wells.
For sellers, a short sale may allow them to have the freedom they need to move on to something more affordable. Read more on Seller Short Sale Tips. With little to no seller expense in a short sale, it definitely provides a viable option. If you are looking to sell in Sonora Wells, contact me for a FREE market analysis and start moving today.
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