Foreclosures were down in September in the Coachella Valley. That is according to the Desert Sun, Oct. 14, 2011. This is a very interesting article. I wonder if the foreclosures are down because more people are doing short sales, and perhaps those are not included in the number?

79615 Mandarina, in the Citrus Club in La Quinta, Ca. Priced at $489,000. Watch the video to understand why this is such a tremendous deal.

Here’s a great summary from one of our mortgage partners on how long a person has to wait before purchasing a new home after short-selling or foreclosing on a past home.

Some homeowners who sell their homes through short sales are finding their mortgage companies still try to collect