Palm Desert Foreclosures vs Short Sales
By Tina D Saporito, Your Dedicated Palm Desert, CA Realtor Since 2005, Call (760)799-8460. www.JustListedinPalmDesert.com
(Ronald Christopher & Associates. Proudly serving Palm Desert, La Quinta, Indio, Rancho Mirage, & Palm Springs.)
Palm Desert Foreclosures vs Short Sales What is the difference between bank owned or foreclosed property listed for sale versus short sales in Palm Desert? I will describe a few distinct differences between the two types of sales but first let me start with sharing two of the latest sales in Palm Desert. The highest priced short sale that sold during the last six months in south Palm Desert with a pool (not in a gated development) was 73273 Salt Cedar St., Palm Desert, CA 92260. It sold for $665,000 and was listed at $665,000. It was on the market for 390 days and was originally listed at $920,000 when first put on the market. The highest priced REO home sale with a pool in south Palm Desert during the last six months (also not in a gated development) was 73751 Shadow Lake Dr., Palm Des...
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