Thinking about buying a home but concerned about your monthly mortgage payment? You might consider owning a multi-unit property. Most mortgage loans allow a borrower to own up to a 4 unit multi-family home and still take advantage of the lower down payment, 2nd home buyer programs or first time home buyer programs.  With the option to live in one and rent the others, it's possible that you could zero out your monthly mortgage payment. This not only makes it a great opportunity to reduce your cost to live but also sets you up for a future investment and an addition to your portfolio. 

As always you can call us at (505) 886-1432.

The NMWelcomeHome Team is devoted to helping clients with possibly the biggest financial decision they may make in their lifetime. We aim to be a small, close knit, high producing team that focuses on customer care and showing value when buying or selling a home. Our goal is to constantly grow where our agents can create a sustainable and consistent business.

Our motto: We believe in helping each other for the greater good.

When you are ready to make one of the biggest financial decisions of your life please give us the opportunity to work for you.

These foreclosure homes just hit the market in Albuquerque and Rio Rancho. (505) 886-1432

This home is about to hit the market at $410,000. Very nice updates which include balcony off master bedroom with mountain views. This home is in one of the best school districts. Hubert Humphrey Elementary, Eisenhower Middle School and La Cueva High School.

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Highlights (the highlights are a comparison between December 2017 and December 2018)

• the median detached home price rose 8.3 percent to $209,950
• the average detached home price rose 6.9 percent to $246,348
• overall inventory of detached homes for sale decreased  16.6 percent to 2,562
• the number of closed sales for detached homes decreased 7.2 percent to 845
• the number of detached homes going under contract rose 22.1 percent to 796

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New to hit the market this nearly 3,300 square foot home has been very well taken care of and move-in ready! If you have been looking for 5 bedrooms which includes a downstairs guest bedroom with a 3/4 bath, 3 car garage, with an open floor plan, this is it!

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Highlights (the highlights are a comparison between November 2017 and November 2018)

• The median detached home price rose 3.6 percent to $207,000
• The average detached home price rose 4.1 percent to $247,168
• Overall inventory of detached homes for sale decreased 15.5 percent to 2,939
• The number of closed sales for detached homes increased 7.3 percent to 896
• The number of detached homes going under contract rose 17.1 percent to 912

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Recently MDS Funding, a recently formed investment group purchased 2,800 acres out of the 12,900 acre master planned community Mesa Del Sol.  Now Westway Homes which had also purchase 3 acres to build a dozen homes upped the ante and purchased an additional 35 acres to build up to 135 homes ranging from the $200s up to $400s. These ultra modern homes will be 2,200 to 3,000 square feet and the AlbuqUrban floor plans will range 1,600-2,000 square feet.

Call us to help you move in to this up and coming development (505) 886-1432

Come see this beautiful home Saturday December 1st from 1 to 3 PM.

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