Lowering your property taxes for home owners here in the desert.

Monday, March 23, 2009

by Rob Zwemmer

Monday, February 16 2009

www.DesertRealEstatePrices.com

Good Monday morning

78°F | 52°F

Two weeks of Tennis tournaments at the Indian Wells Tennis Gardens brought a new boost to the desert economy.

The Indian Wells tennis tournament is the 4^th largest tennis tournament in the world and brings in about 500,000 visitors over two weeks. This gave the local retail and the housing market an extra boost to jump start 2009.

I’ve had many requests for information regarding the tax assessor’s office and lowering your property taxes for home owners here in the desert. I recommend you send it certified mail so they know it was received. To learn more how to lower your property taxes and to download the application visit:

http://riverside.asrclkrec.com/ACR/INprop8.asp

You might be saving thousand of dollars in property taxes each year!

To have direct access or to get instant e-mail alerts when a new property hits the market visit (click here).

If you would like to search our local data base of homes for sale (click here).

If you are looking to sell your home and need a comparative market analysis (click here).

Palm Springs Area Mortgage Market update!

FHA Financing Update:

New loan amounts are supported and available to lock at $500K.

The down payment requirement is still at 3.5%.

Minimum Fico score to be 620

The biggest difference you all need to know about is the appraisal requirements.

For all loan amounts above $417K, and have a LTV greater than 95%,

will be required to have 2 appraisals. The best way to avoid a second appraisal we can have the buyers put 5% down. If they want to do the second appraisal this can be done too. This is a FHA requirement.