Real Estate Blog

It is known that getting a mortgage loan for a home in Albuquerque NM or anywhere can be confusing and sometimes frustrating. Ahh who am I kidding, it is always frustrating and one of the most common question we have is what is an Annual Percentage Rate (APR). Below is one of the definitions offered.

The interest rate is the cost of borrowing the principal loan amount. It can be variable or fixed, but it's always expressed as a percentage.

The APR is a broader measure of the cost of your mortgage because it reflects the interest rate, as well as other costs such as broker fees, discount points and some closing costs. The APR is also expressed as a percentage.

Let us break this down. Most buyers look for the best interest rate, actually the

49 Views, 0 Comments

Check out some of the best Albuquerque Foreclosure Deals. If you are looking for the best deal on an Albuquerque foreclosure home these are the best 5 deals to hit the real estate market. These deals are located on the Northwest and Northeast area of Albuquerque.

MLS® #879273
4 Bedrooms, 2.00 Bathrooms
Albuquerque, Nm

Home Has Been Updated With: Fresh Paint, New Carpet, New Vinyl Flooring, New Kitchen Cabinets And Countertops, New Dishwasher...

Read More »

Listing courtesy of Berkshire Hathaway Home Services New Mexico Properties

MLS® #879217
3 Bedrooms, 3.00 Bathrooms
Albuquerque, Nm

Renovation Opportunity To Be Involved In How Your Home Is Finished With This Hud

205 Views, 0 Comments

Key Takeaways

  • Borrower does not have to be a first-time homebuyer.
  • 3% grant from program does not have to be repaid.
  • Minimum $500 required from homebuyer's fund.
  • Need to sell? Little equity? This will help fill that gap.

Tell me more about NEXT Home

Now you can buy your NEXT Home with the same benefits as a first-time home buyer!

NEXT Home is available in New Mexico through the Mortgage Finance Authority (MFA) for NON first time home buyers. It is a combination down payment assistance grant, that does not have to be repaid and a first mortgage loan. We work and sell homes in the Albuquerque and Rio Rancho area.

The NEXT Home grant is 3% of the first mortgage loan amount. The grant may be used for closing costs, pre-paids

122 Views, 1 Comment

Superbly maintained Montecito Estates stunner that's better than new! You'll love the upgraded maple cabinetry, granite countertops and stainless steel appliances including dbl.ovens & gas cooktop in the spacious country kitchen! Expanded colored concrete patio area off covered patio enhances possibilities for enjoying outdoor living & there are unblockable Sandia views from the MBR & upstairs media-family room & 18'deck. 2+1 split garage perfect f/home hobbyist-shop, toy storage, & you'll love the xtras like raised bath vanities, tankless water heater, security pre-wiring, & sealed garage floor, and walk-in closets in every BR! The MBR is over 300SF, and features huge ''his & hers'' walk-in closets, separate garden tub/shower. Laminate flooring, iron

211 Views, 0 Comments

Located on the Northwest area of Albuquerque atop the Petroglyph this community has a lot to offer with nearby shopping, parks and walking trials. Also conveniently near public schools K-12 which include Tierra Antigua, Tony Hillerman and Volcano Vista.

145 Views, 0 Comments

This home is ONLY $122,500 and will sell FAST! Ask us about down payment assistant programs to help you own this home. 3 Bedrooms 2 Baths, New windows, roof, paint, and tile. This is move-in ready!

MLS® #876839
3 Bedrooms, 2.00 Bathrooms
Albuquerque, Nm

Get In For As Little As $500 Down! Great Price For This Home And Location Is Perfect. New Tpo Roof, Windows, Tile, Paint And ...

Read More »

Listing courtesy of Keller Williams Realty

Contact us at (505) 923-4691 for more information

162 Views, 0 Comments

MLS® #874691
3 Bedrooms, 2.00 Bathrooms
Albuquerque, Nm

**must See! This Brand New North Valley Home Off Rio Grande Is Ready For You! Home Has An Open Floor Plan With Beautiful Wood...

Read More »

Listing courtesy of Keller Williams Realty

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on September 21st, 2016 at 5:13pm MDT.

151 Views, 0 Comments

Over the last several years I have notice more and more families combining households. When doing that they specifically look for a separate living area and the ideal space is a guest home separated from the main home. Guest houses are hard to find and when you do they can go quickly. Below are all homes with a guest house in Albuquerque for sale.


262 Views, 0 Comments

Weather is slowly changing and as summer fades we get into that great time of the year where 100's of hot air balloons will fill the Albuquerque sky. The 2016 Balloon Fiesta is Albuquerque's largest event and even excites the long time residents in the area. Get ready and plan your visit using the full schedule below.Balloon Fiesta 2016 Albuquerque

Printable Copy Click Here

260 Views, 0 Comments