Monday, February 18, 2013

Palermo B model comes on the market

A model B unit at Palermo Palm Springs on Melody Lane has appeared on the MLS as a short sale, apparently the only unit at Palermo on the market after the few on the market have been quickly snapped up. The MLS listing says: "Short sale Opportunity. Perfect Desert get-a-way or year round home! Welcome to Palermo! A newer Community of architectural Townhouses and Villas designed by Chris Mills and developed by Enterprise California. Desirable floor plan; kitchen open to living area. Kitchen is spacious and offers breakfast bar, beautiful cabinets, granite counters, and black appliances! Additional features include; slab granite, sealed concrete floors, and carpet. Enjoy Relaxing or entertaining in private covered patio or spacious 2nd floor sundeck! Enjoy Mountain Views! Single car garage and inside laundry area. Community is walled and gated with 2 pools, 2 spas, state-of-the-art gym, recreation room ... Low HOA of only $294 per month." The price is $214,000. The listing also is on the Windmere site at: http://www.windermere.com/listing?legacyid=133041464. Miss Penny Lane says: A lucky buyer awaits!

2 comments:

Anonymous said...

I wonder if it is a bank approved short sale. If not the bank may come back with a higher asking price.

Anonymous said...

The B unit that has an accepted offer by the seller for $170,000 is awaiting Wells Fargo bank approval. The bank will send out an appraiser and/or have a real estate professional complete a Broker Price Opinion. Based on recent sales activity, I believe the bank should come back with a higher price. This would be great for Palermo. The same seller will be listing two other properties for short sale as well.

Andrew Teitel
258 Sandy Point Trail

Windermere Real Estate