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Percentage Rate

Why is the APR higher than the interest rate?

The difference between Interest Rate and Annual Percentage Rate (APR). Why is APR higher than the interest rate? The APR accurately reflects the cost of the mortgage including the rate of interest, financing fees and charges based on the term ...

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Coachella Valley Real Estate Market Report

Coachella Valley Real Estate Market Review 2021

Thankfully, we can put 2021 behind us and we’re happy to say the 2022 real estate market is off to a great start. A MIXED BAG FOR 2021 Looking back at 2021, it was a Great year for homeowners. If you were selling a home, you enjoyed huge ap...

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Green Plants to your Living Space

Top Design Trends in 2022

2022 Top Home Design Trends Many of the Top Design Trends in 2022 are iterations of past concepts. Not from a lack of imagination, but more from our need for the tried and true. As the pandemic has dragged on, keeping us in a state of uncertai...

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Coachella Valley Arena

Coachella Valley Arena Underway

CONSTRUCTION FOR THE NEW COACHELLA VALLEY ARENA IS MOVING ALONG AT BREAK-NECK SPEED  The new Coachella Valley Arena, so named until a Title Sponsor is named, is a $300 million, 11,000+ seat arena on 43-acres adjacent to the Classic Club at Co...

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American Express Golf Tournament 2022

PGA Tour Pro's Play for a $7.6 million purse at the 2022 American Express Golf Tournament in La Quinta, CA. January 19 - 23, 2021 PGA West, La Quinta, CA After the disappointment of the 2021 tournament with no fans due to the pandemic, the ...

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Step Up Basis Inherited Property

Step Up Cost Basis and Inheriting Real Estate

STEP UP COST BASIS AND INHERITING REAL ESTATE The step up cost basis is a way of adjusting capital gains tax. This means that for the purpose of capital gains tax, the IRS re-sets the cost basis of the property to its value when the asset is...

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Palm Desert Real Estate Lessons from a Pro

Lessons from a Pro When Selling Your Home

THE STAGERS HOME Lessons from a Pro When Selling Your Home - A professional home stager recently decided to sell the 4,000+ square foot home she lived in with her husband. It was well maintained and by most standards, could have gone on the ...

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Home Equity

Home Equity Working for You

YOUR BEST PERFORMING INVESTMENT For most of us, our homes are the largest asset we own and the best performing investment. EQUITY DEFINED Home Equity is defined as; the difference between what your home is worth and what is owed. There are...

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