The NMWelcomeHome Team Blog - Albuquerque

Hear From The Seller on Our Newest Listing 7943 Brady Rd NM

Our home is only 8 years old. We have been the only owners of this home. We have enjoyed many family gatherings including my daughter's wedding which we had in our home. The pictures were beautiful taken coming down the stairs in her gown. It is spacious with 3 family areas plus a formal dining room. The yards are very low maintenance and there are fruit trees in the backyard. A pergola to add to the look of the yard. It is a very quiet neighborhood with friendly neighbors, parks, and is quick access to the I-40 and stores and restaurants. The view of the petroglyphs are visible from the loft, the master bedroom and the kitchen and backyard. The mountains are also visible. During the balloon fiesta the balloons are a beautiful view from the master bedroom…

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Update on Mortgage Insurance Increase...

FHA will be raising their monthly premiums April 2013 and will remain for the entire life of the loan!  Premiums currently would drop off once it reaches less than 78% of the original principal balance. SOON THAT WILL CHANGE! The ONLY thing you can do right now is buy a home before this goes into effect.

Start your home search here.

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We Are Now Mobile!

Thats right, we are now mobile! With our new mobile friendly internet version of www.NMWelcomeHome.com you will be able to search ALL homes in the Albuquerque and Rio Rancho area easily.

Use the 'Properties Near Me' function to help you locate homes within the neighborhood you want to live in. Or try the 'Advanced Search' to set search criteria for the perfect home. You can also see all my listings by clicking on the 'Featured Listings' button.

With couple of other fun tools you can put in the 'City, Neighborhood, Zip or MLS Number' to quickly pull listings to view.

Once you pull up a listing you want to view, click on the 'More Photos' to view all photos avaialble, see the quick specs and description right below that. You can also see 'Additional…

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Target Store Opening March 2013

The multi-level building in Uptown will be unique with covered, ground-level parking and the store elevated directly above. The store will sell all of the typical items that Target has but will also include fresh produce, fresh packaged meat and pre-packaged baked goods.

There will have more than 200 members in the 155,000 square foot building. To fill those positions, Target will hold job fairs 2 months prior to the new store opening. Canidates may also apply online or at in-store kiosks in Target stores.

This infill project will breathe more life into the already buzzing uptown area. BJ's restaurant is right next door and there appears to be many more projects planned for the Uptown Winrock area.

View Homes In the Area Here

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FHA to Raise Mortgage Insurance

FHA will be raising there monthly premiums sometime 2013 and will remain for the entire life of the loan!  Premiums currently would drop off once it reaches less than 78% of the original principal balance. SOON THAT WILL CHANGE! The only thing you can do right now is buy a home before this goes into effect.

Start your home search here.

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Hear From The Seller On Our Newest Listing

Our home is located in a quite gated community with very low traffic flow only minutes away from the I-25.  An elementary and high school is located only a few minutes away and a park with jungle gym, basketball court, and open grass field is within walking distance.  Our community is located only 15 minutes from South Albuquerque and 20 minutes from Kirtland AFB south gate.

Our home has an open setup with a spacious size guest bedroom and full bathroom down stairs. The bakers kitchen is open, with plenty of counter space and cabinets.  The walk-in pantry is large, with 5 levels of shelving and plenty of space for appliances and dry food.  The appliances are new; the microwave doubles as a second oven and streamer.  There is plenty of room for a dinner…

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***INVESTOR SPECIAL - Rare Opportunity In NE Heights - 2150 Sq Ft $115,000***

This property at 8111 Cutler Ave NE is an investor special. All brick home behind Uptown near Coronado and Winrock Mall

I would like to invite you to view the property on Friday 8/17 from 11:30 - 12:30 PM.
List Price $115,000 - 2150 Sq Ft 3 BR 2 BA

We will take offers and respond to Highest and Best by 8/21/2012
***Seller Financing Available***
Please let me know if you plan on attending

Map to property
Remarks:
Consider this a rare opportunity for a NE home with a clean slate and ready for your vision. If you know the area, it is no secret that this home is in a prime location near all the major and exciting amenities NE Albuquerque has to offer. Neighbors are wonderful and looking forward to the…

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August Interest Rates

Rates are still low, Market is great...now is the time!

Search Homes Now

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Rules for Dropping Mortgage Insurance

We are asked how to drop the Mortgage Insurance on your loan. Mortgage Insurance also known as MI or PMI (Private Mortgage Insurance) is part of your monthly mortgage payment. Mortgage Insurance is required when putting less than 20% down payment on a home. It can be costly and will add $100 plus to your loan payment (depends on loan amount). Mortgage Insurance is to protect the lender in case you default on your home loan.

Below are explanations on how to or when MI will be removed from your monthly mortgage payment.

Dropping Conventional Mortgage Insurance Rules

• Automatic Termination
  • Fixed Rate & Adjustable - Removed when reduced to 78% LTV
    • LTV based upon ORIGINAL VALUE
    • Based SOLEY on regular amortization (not prepayment …

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Albuquerque Library Summer Reading Program 2012

The Albuquerque Public Library is offering a 7 week summer reading program from June 1st - July 20th. Anyone can join, including adults. There are free programs and workshops all summer long. You can sign up at any library by visiting the summer reading desk and filling out the registration form. Kids will receive a reading log, bookmark and a schedule of summer activities. Teens and adults will recieve a reading card.

Prizes can be earend and drawings will be held weekly. Summer reading is important for children during the summer as it will help them maintain their reading skills.

Visit The Dream Big: Summer Reading Program

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