Found 314 entries about Rio Rancho.
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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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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Rates are still low, Market is great...now is the time!
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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
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School will be over for the summer, weather will be good (except for a little wind) and you may be planning a BBQ or trip out of town to the lake but I wanted you to know I will be available all weekend to show homes. If you have some time between planning that BBQ I would be happy to show you homes.
Thanks to the troops and we honor you on this Memorial Day!
I still have available time this weekend so give me a call (505) 350-8184.
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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. Â |
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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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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 you this…
1838 Views, 1 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!
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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.
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For the month of February Loma Colorado is the perfect place to find the perfect “match” for your clients looking for that ready to move in home. Not only have we reduced pricing on several of our homes available for quick move-in, but your buyers eligible for FHA or VA financing have the ability to get into their home at a starting Interest Rate of 1.875% and $0 closing costs!
"SAVE AN ADDITONAL 1% OFF THE RED HOT DEALS PRICE" when you tell them we sent you! Take advantage of our ONGOING 1% CASH BACK REBATE. Receive 1/3 of Realtor Commission Received***. So popular we decided to extend. Valuable buyer cash rebates can save you thousands on your new home purchase. Click here for all the details.
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