Real Estate 
There are currently 52 blog entries related to this category.
Tis the buying season...
Saturday, May 12th, 2012 at 12:22pm. 69 Views, 0 Comments.
Definitely the buying season is upon us BUT it is also the Selling season. With a low inventory there is a lack of good 
homes for the many qualified buyers searching RIGHT NOW. We have had multple offer situations where there were 6 offers...6 OFFERS!
If you are thinking of selling and want to get the best exposure through our powerful internet, direct and buyer lead marketing then consider interviewing our Team for the job. We can safely navigate the selling process, protect you and get you the most money possible in the shortest amount of time.
Call us today (505) 350-8184
What does 'Additional Information' on listing displays mean?
Tuesday, April 17th, 2012 at 8:42pm. 116 Views, 0 Comments.
Some basic information that may help you in your quest for more information on a home listing.
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If you notice the information located in the 'Additional Information' section of a MLS Listing Display. This information will be available for all listings and is typically located at the bottom right hand side of the display.
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The 'Additional Information' will also let you know if the home is a Short Sale or Bank Owned Home. This can be useful if you are or are not interested in short sale's or foreclosures. If it does not specifically have RE/Bank Owned or Short Sale then it is just a regular sale.
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So here are some quick definitions for financing:
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Mortgage Insurance Rates Increase FHA
Thursday, March 8th, 2012 at 12:32pm. 184 Views, 1 Comments.
Beginning April 1st, 2012 FHA will be raising their upfront Mortgage Insurance. You may be asking yourself 'how does this effect me'?
Here is a scenario:
Your current loan approval amount $150,000 FHA
Old Monthly MI = 1.15% = $143.75 Monthly MI
New Monthly MI = $1.25% = $156.25 Monthly MI
Old Upfront MI = 1% or $1500 based on above loan amount (added to loan amount)
New Upfront MI = 1.75% or $2625 based on above loan amount (added to loan amount)
This means that you would qualify for about $5,000 less on your mortgage with the new increase beginning April. Your loan amount would decrease to $145,000.
This reduction may be signficant to a buyer trying to max out their purchase, which happens all the time, by the way. If you feel…
SOLD! SOLD! SOLD!
Friday, March 2nd, 2012 at 1:12pm. 308 Views, 0 Comments.
If you are looking to get your home SOLD please give me a call! We have a large database of qualified buyers and know how to advise you in selling your home and how to make the BEST First Impression!
Call the NMWelcomeHome Team Carlos Martinez (505) 350-8184!
This is what we have been up to over the last few weeks!
Search Homes Now
Search Homes Now
Come Visit Us @ The ABQ Home Expo
Tuesday, February 7th, 2012 at 12:51pm. 202 Views, 0 Comments.
We would love to see you at The ABQ Home Expo. Vist booth 307 for a FREE Instant Market Analysis, Foreclosure Listings and learn how to enter for a chance to WIN a day at the Spa!
Show is February Saturday 18th 10am-6pm and Sunday 19th 10am-5pm.
Buyer Cash Rebate - New Construction Homes
Friday, November 4th, 2011 at 9:07am. 549 Views, 0 Comments.
| Loan Type | Current Interest Rate |
| VA | 3.75% |
| FHA | 3.75% |
| Conventional | 4% |
Home Buyer Rebate FAQ - Click Here
List of New Construction Builders in Albuquerque and Rio Rancho
Receive 1% Cash Rebate on any New construction already or to-be-built home. This will be on top of any other incentive that the new builder gives.
Typical Incentive with builders:
2-3% Buyer Closing Costs Paid. This usually means NO CLOSING COSTS!
Appliance upgrade package
Window coverings throughout
Now until the end of the year, we will be offering a 1% CASH REBATE to the buyer. Just call us or go to any of the New Home builders and when you register just write down that we sent you.
Example: Sale Price $200,000 x 1% = $2,000 Cash…
Why Zillow is not good for New Mexico
Thursday, October 13th, 2011 at 7:25am. 220 Views, 0 Comments.
I have many clients use Zillow as an estimator for the home they are selling or the home they are buying. What Zillow does not explain to the unkowning customer is that:
- Zillow pulls their information on active listings from our private MLS - They don't get all the data but about 90% of it.
- Zillow does NOT have access to sold prices in NM because New Mexico is a non-disclosure State and does not record and make public what a home has sold for. They only show the mortgage amount.
- Zillow has no solid data to estimate value on any home.
- Another national site, Trulia will send you properties that have been off the market for 2 years just to get you back to the site. Trulia keeps listings in their system and never deletes it. Means old out-dated…
When you need a reliable, up to date...
Thursday, October 6th, 2011 at 8:35am. 336 Views, 0 Comments.
When you need a reliable, up to date home search website visit www.NMWelcomeHome.com. Serving Albuquerque and Surrounding Area, Rio Rancho, Santa Fe and Surrounding Area.
Many details are available about the listing, including Virtual Tours, Map, Birdseye View, Days on Market, Short Sale, Bankowned, Financing, and all the basic information you may desire. Contact Us for additional information on ANY listing.
Many different search options to suite your need. Search by Address, MLS#, City, School, Area, Zip Code, Map, and Subdivision.
Search Homes Now
Easy to read details and the ability to increase to large color photos. |
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Full details about the listing |
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Ability to increase to large color… |
Always Updated - Recent Foreclosure Homes For Sale
Sunday, May 1st, 2011 at 10:36pm. 687 Views, 1 Comments.
With the link below you can use it anytime to see the most recent foreclosure homes. It lists all the foreclosure homes in Albuquerque and Rio Rancho within the last 7 days.
Always up to date - Click Here - Foreclosure Listings.
Save this search to your account by clicking on the link and then click on 'Save This Search' at the top of the lisitngs.
See all foreclosure homes listed here
Free Credit Report
Thursday, January 13th, 2011 at 7:28am. 1292 Views, 0 Comments.
I meet with customers every day and consistently hear that they do not know what is on their credit report or what their credit score is. In my opinion it is very important to know where you stand prior to applying for credit ie. vehicle loan, mortgage loan, credit card etc.
U.S. Fair Credit Reporting Act (FCRA) entitles you to receive a free credit report once per year, with no strings attached. Here you can check Equifax, Transunion, and Experian safe and free. I recommend it and do it every year. Remember the credit report is free but you can buy your score for each bureau.
So if you are thinking of buying a home within the next 1-6 months go to the site below and check your credit report.
You can use this link…