What Makes The Best Palm Springs Vacation Rental?
Thinking About Buying A Vacation Rental? IMPORTANT SHORT-TERM VACATION UPDATE: Cathedral City is eliminating all non-HOA vacation rentals by January 1, 2023. La Quinta has extended is moratorium for new short-term vacation rental permits. On November 19, 2020, the Palm Desert City Council approved amendments to the existing STR Ordinance essentially eliminating most short-term […]
Palm Springs Area Real Estate Property Tax Rate
Palm Springs Area Real Estate Property Tax Rate How much are Greater Palm Springs area real estate property taxes? Greater Palm Springs area real estate taxes in Riverside County are set at a rate of 1.25% of the appraised value of the property. Here are estimated Palm Springs real estate property taxes on a $1,000,000 […]
Real Estate Tax Savings For Homeowners 55 And Over
Real Estate Tax Savings For Homeowners 55 And Over What is Prop 60 and Prop 90 And How It Can Benefit You? What is Proposition 19 How It Can Benefit You? Effective April 1, 2021, Proposition 19 allows homeowners 55 or older, those with severe disabilities, and victims of wildfires and natural disasters to transfer […]
What Is An HOA and A PUD?
When you are looking to buy a home, condominium or townhome that shares common ownership, common areas and has governing documents, it is very important that you understand the difference between condominium and planned unit development (PUD). You should also carefully read all the Covenants, Conditions & Restrictions (CC&Rs) and Bylaws that you will receive […]
Earnest Money Deposit Disputes
The most common claim buyers and sellers make against each other is for the release of the “earnest money” deposit. A residential purchase agreement usually provides a certain period for buyers to perform investigations of the property or their finances. At the end of these “contingency periods,” the buyer can either back out without consequence, […]
Budgeting For Palm Springs Homeownership
Besides paying the agreed purchase price for the home, there are several ancillary escrow closing costs that buyers may not be aware of.