Palm Springs for Canadians

For years, Canadians tired of freezing temperatures and shoveling snow off their doorsteps have been heading south to winter in Palm Springs. These days, however, they aren’t just booking into hotels or renting condos; an increasing number are investing in real estate as well. Palm Springs for Canadians has become the ideal place to find that second home or vacation property that allows them to spend the north’s notoriously chilly winter months in warmer and sunnier conditions.

A strong Canadian Dollar combined with the present historically low prices of Palm Springs properties for sale has further enhanced the appeal of real estate in Palm Springs for Canadians. Despite today’s global recession, Canada’s financial sector and economy as a whole have fared much better than those of other G-20 countries, including the US. One offshoot of this is the rise in strength of the Canadian dollar, which has already achieved parity with the US Dollar several times in 2010. Combine this with the fact that real estate prices in Greater Palm Springs are at the lowest that they’ve been since 2003, and it’s easy to see why Canadians find it all hard to resist.

Buying a Home in Palm Springs for Canadians

You’ve come to the right place if you’re a Canadian wanting to buy a home in Palm Springs or one of its neighboring communities in the Coachella Valley. Dick has been helping Canadians like you invest in real estate here for years and he will help you find the right home and navigate the home-buying process, so that ultimately you’ll be able to enjoy the time you spend in Palm Springs to the fullest.

Buying a home in the US is quite straightforward, particularly when using an experienced Realtor like Dick. You just need to keep a few things in mind. First, make sure that you have your financing worked out. With your offer to purchase you will need “proof of funds” if an all cash purchase or if financing, a letter of loan acceptance. If you’re planning on financing, it’s advisable to acquire your financing in Canada since it’s rare for mortgage lenders here to provide loans to Canadians.

Once your finances are in order, you can then start truly exploring what the market has to offer – and it offers a great deal, from villas in golf communities, to condos in gated communities, mid-century modern homes, Spanish style homes and luxury estates. For those who might like a “fixer”, there are also short sales and REO properties available.