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:

  1. Zillow pulls their information on active listings from our private MLS - They don't get all the data but about 90% of it.
  2. 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.
  3. Zillow has no solid data to estimate value on any home.
  4. 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…

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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.

lListing Description NMWelcomeHome.com

Full details about the listing

Ability to increase to large color photos.

…

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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

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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 www.AnnualCreditReport.com or…

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Will you be buying a home in 2011? I think you should know that 'sooner than later' should be your resolution.

Below is an example of what happens when the interest rate increases. As you will see a 1% increase in rate reduces your loan amount by $28,000. So the choices would be an increase in monthly payment or decrease in loan amount. No matter what the price point this will carry true throughout...

Mortgage Calulator

Example One - Reduced Sale Price

Purchase Price Interest Rate Principal & Interest
$250,000 4% $1151.76
$235,500 4.5% $1151.48
$222,000 5% $1150.03

Note: Based on 30 year loan term, 3.5% down payment and includes Principal and Interest only. Does not include mortgage insurance, taxes,…

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Below are some key facts for the home buying process. There are many more details when buying a home. I am experienced and will work hard making sure12 Most Important Things To Consider When Buying A Home your home buying purchase is a great one.

Speak to a lender and get Pre-Approved – I cannot stress the importance of this

         What you will learn:

  • How much you are qualified for
  • Monthly Payment
  • Fees/Cost involved

          Real Estate Agent will help you with...

  • Typical timeframe to close on a home is 30-45 days from date of offer acceptance.
  • Go over all disclosures and inspections available
  • Evaluate Home and List Price to determine offer price.
  • Write Purchase Offer and negotiate – could take several days.
  • You will be required to write a check for an Earnest…

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I feel the best way to find an agent is by referral or qualification. I have had many relocating clients call and interview me over the phone or have a list of prepared questions they want answered and send them via email. They would interview 3 agents and then pick the one that they feel they can work with. I always tell everyone that it is important to work with someone you feel comfortable with because you will be in a relationship for a few months while searching and going through the home buying process. I feel that some of the important questions are 'Are you patient?' 'Have you worked with relocation buyers before?' 'What systems to you have in place to help me through the buing process?' 'Do you have a solid website with home listings that I can…

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Have you driven by a home and wonder what it is listed for or any of the details such as listing price, square footage etc. Now while you are driving through neighborhoods you like you can have all that information at your finger tips.

NMWelcomeHome.com is now mobile. On your cell phones browser (smart phone) you can easily access any Active Listing immediately. Visit NMWelcomeHome.Mobi. To help you understand this better I have created a short video to give you an example and instructions.

Remember on your cell phones browser visit NMWelcomeHome.Mobi

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I am part of the Program 3648 nationwide intiative to help homeowners. If you are at least 30 days behind on your mortgage, then this may be for you.

Our mission is to:

1. Help homeowners receive the mortgage debt foregiveness that this new law encourages.

2. Rescue as many homeowners from public foreclosure as possible.

3. Learn about options to avoid foreclosure.

You'll be pleased to know that under Program 3648:

1. You receive services, consultation, and information absolutely FREE. Guaranteed!

2. We do all the work for you.

Please find out all your options before its to late. Remember free no obligation consultation to learn your options.

Carlos Martinez 505-350-8184


 

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