Foreclosures are a hot market for investors and buyers. To get the best deal possible, follow these tips:Forclosure

1. Timing is everything. Borrowers often are given a chance to avoid foreclosure with a grace period, typically two to three months, to pay off the amount they owe. The borrower may opt to sell the property during this preforeclosure stage if they can’t make up their missed mortgage payments. This is typically the best time to strike a deal, as home owners are looking for ways to avoid foreclosure. Another prime time to buy: prior to an auction date.

2. Look in the right places. Follow the foreclosure trail. NMWelcomeHome Real Estate Team, Title companies, banks, purchase money, escrow offices, and credit unions can be good sources to find out…

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One of the most sought after neighborhoods in Rio Rancho. The reasons are simple. There are miles of walking trails, playing fields, parks, swimming and sought after school district. Who would'nt want to live in Cabezon Rio Rancho! Corazon is a gated community within the neighborhood.

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Current lending rules can be restrictive if you have had a bankruptcy, foreclosure, short sale or credit issues and you can be turned down for a traditional Convetional, FHA, or VA mortgage loan in Albuquerque and Rio Rancho NM. There may be a solution for you that will allow you to have all the benefits of home ownership but not have to qualify for a home loan.

We have Buyer Specialists that can help you with owner financing and the following:

  • Put you on track to establish or repair credit
  • As little as 7% down payment
  • Advise you on where to obtain your down payment

View Owner Finance Listings Here

Other names for this type of financing is Owner Financing, Seller Financing, REC, Real Estate Contract.

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Call Today Before It's GONE!

This 4 Bedroom 1 3/4 Bath and 2 car garage home has been updated with tile, carpet, paint, remodeled baths, light fixtures etc. Situated on a large corner lot with possible backyard access. Custom homes right across the street. Convenient shopping and freeway access.

In the final stages of remodel and clean up.

ONLY $139,900

View Listing HERE

Call about our $500 moves you in program.

Carlos Martinez (Owner/Broker)

(505) 350-8184

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Another new DR Horton Community in the Volcano Vista High School District. Express Homes is a new division of DR Horton and now building in the Albuquerque Northwest area. If you are looking for a brand new home for sale at a great price consider Express Homes. Talk to Rose Simmons and tell her Carlos Martinez sent you!

Need to sell to buy NEW? Call me at (505) 350-8184 to find out how you can save THOUSANDS off your sale of your home!

They offer great features at a great price! Currently offering a 2-1 buy down for select homes.

Included in every home built are the following:

  •     Granite Kitchen Countertops (per community)
  •     Glass-Insert Window in Front Door
  •     Elegant Glass Tile Kitchen Backsplash
  •     18” Upgraded Ceramic Tile…

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Albuquerque "Treecycling" Do you still have a Christmas Tree hanging out in or outside your home? The City of Albuquerque and Public Service Company of New Mexico is offering a "Treecycling" program where you can drop off up to five trees for FREE. The goal of the program is to reduce waste by recycling your Christmas Tree.

When

Jan 02, 2014 08:00 AM - Jan 12, 2014 05:00 PM

Where

Montessa Park Convenience Center
3512 Los Picaros SE - Map
(505) 873-6607
Eagle Rock Convenience Center
6301 Eagle Rock NE - Map
(505) 857-8318
Ladera Golf Course
Coors and Ladera NW - Map
(505) 836-4449

Tree Limits

Trees are limited to five per customer.

Tree Recycling Benefits

Christmas trees will be chipped on site and available free to the public to use as mulch. By recycling your…

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RayLee Free Santa Picture

Take a Picture with Santa at the Saltillo Community, Saturday, December 14, 2013

Model Located at: 6274 Carmona Road NW, Albuquerque, NM 87114

Westside Living at its finest – Saltillo is an easy 3.5 miles west of the cottonwood mall. Saltillo offers oversized lots and nice features with Westside affordability. Kids who live in Saltillo will attend the brand new Tony Hillerman Middle School.

• LOCATION: From the Cottonwood Mall, head west on Ellison (McMahon) past Unser, turn right on Maravillas.

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Pulte is wanting to help the housing market by offering incentives. One incentive is $10k price reduction in select homes. Pulte's company motto is "Homeowner for Life". They are devoted to helping first time homebuyers, as well as helping people work up to an estate size home all the way to their retirement home.

NMWelcomeHome Real Estate Team understands the market shifts as well as interest rates. Interest rates will continue to rise, which makes it difficult for some to purchase a home. NMWelcomeHome Real Estate Team stays up to date with the changes to make sure all of their clients get awesome deals by researching different companies that offer the best incentives.

Contact NMWelcomeHome Real Estate Team to provide you with a free home market…

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FHA Back To Work ProgramWhat is the FHA Back to Work - Extenuating Circumstances Program?

The Federal Housing Administration (FHA) realizes that credit histories don't always reflect a person's true ability or willingness to pay on a mortgage. The FHA Back To Work - Extenuating Circumstances program can help you apply for an FHA loan and get into a home. Millions of U.S. homeowners who experienced financial difficulty under extenuating circumstances are now eligible to purchase new homes. You no longer need to wait 3 years to apply for an FHA loan after experiencing a foreclosure, short sale or deed-in-lieu. You no longer need to wait two years to apply for an FHA loan after experiencing a Chapter 7 or Chapter 13 bankruptcy. FHA has waived these waiting periods. NMWelcomeHome…

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There are many things that can affect home value so I made a list of the top items that could have an impact on your home value.  Some of these you can correct and some you cannot.

  • Location - Location can affect value especially if zoning changed in the area and now something undesirable is built.
  • Lack Up of Updates - You can fix this with a minimal investment. I have see great improvements with paint and replacing all light fixtures. You can obviously go as far as you want but be careful and don't go to far!
  • Short Sales and Foreclosure in your area - As the inventory for these sales types continues to go down it will have less of an impact on your home as time goes by. The reason is that appraisers will look at the last 3 months of sold…

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