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73800 Agave Lane
Palm Desert, CA 92260
$2,495,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
5316
Property Description
Ironwood County Club - Ironwood Heights - Welcome to your custom built Modern masterpiece in the heart of South Palm Desert! This property is the epitome of modern luxury architecture featuring custom designed roof lines, multiple living areas, high ceilings, multiple fireplaces, plus south facing courtyard bosting pool, spa, BBQ area, & huge mountain views. The interior of the property is just under 5,500 square feet, 5 bedrooms, 6 total bathrooms, formal living & dining, wet bar, separate living room for guest bedrooms, plus attached guest (office) suite (w/ separate entrance) also featuring walk in closet & half bath. The property struts marble travertine flooring, high end (newer) carpet, large base boards, tons of windows & 8 foot sliders/doors, granite counter tops, custom built cabinetry, all DACOR stainless steel appliances, solid core doors, & tons of detail. Other features include two car garage w/ dedicated golf cart parking plus additional parking on the wrap around driveway & 100% owned rooftop solar installed in 2021 that includes 80 solar panels. Need a great club to join? Ironwood is one of the best around having access to 2 championship courses, 11 tennis courts, 6 pickleball courts, bocce ball, state-of-the-art fitness center, spa services, and many social groups. Welcome home & enjoy life at Ironwood Heights! Call the listing agent today for your private tour!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2006
MLS Number
219108832
Location
Address
73800 Agave Lane
City
Palm Desert
State
CA
Zip Code
92260
County
RIVERSIDE (EAST)
Listing
Provider
Desert Elite Properties, original listing
Name
Desert Elite Properties
Phone
Office Name
Desert Elite Properties, Inc.
Office Phone
(760) 423-6390
Agent Name
Charles Scicli

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.