A recent article in the New York Times does a great job explaining the process of buying distressed real estate and this process holds true of La Quinta's market.
The article discusses the pros and cons from a buyer's perspective of buying a foreclosed property and accurately describes what to expect if you do write an offer. It also talks about the short sale process and what to anticipate here.
If you are a buyer in La Quinta considering the purchase of either a short sale or bank owned property, read this article as your initial research.
Read the full article here. For further information on the La Quinta market or for more information on purchasing distressed property, please contact me.
The Lori Bowers Group Desert Properties, La Quinta, CA
If you are looking for a great real estate agent in the Palm Springs area,
Kathy Schowe 760.333.8886 
Visit: schoweproperties.com & livethedesertlife.com
The Lori Bowers Group 
La Quinta, California
