Found 12 blog entries tagged as real estate.

Thinking About Selling and Want Full Market Value?​

Selling your home can be a daunting and time-consuming process, especially when you're navigating the traditional real estate market. However, for homeowners in New Mexico, there's a faster, more efficient alternative: receiving immediate multiple cash Market Value offers through services like

CashOffersNM.com​

What Are Immediate Multiple Cash Offers?

Immediate multiple cash offers refer to the process where homeowners receive several purchase offers from cash buyers shortly before or after listing their property. These offers are typically made by investors or companies looking to purchase homes quickly, without the usual contingencies and delays associated with traditional sales.​

…

180 Views, 0 Comments

Read Full Post

Investment Property SOLD!

Real estate has been my passion and profession for the past 24 years. Over this time, I’ve had the privilege of building a portfolio of multi-unit and single-family properties, each with its own story, challenges, and successes. This journey has taught me invaluable lessons about the market, the importance of due diligence, and the rewards of smart, strategic investing.

One of the most fulfilling aspects of my career is helping others embark on their own real estate investing journeys. Recently, I had the pleasure of assisting a young couple in purchasing their very first investment property. From analyzing the numbers to negotiating the deal, we worked together to ensure their investment was both sound and profitable. By…

1329 Views, 0 Comments

Read Full Post

Click here to download the complete February 2020 Local Market Snapshot reports, presented by zip code and MLS area.

Highlights (the highlights are a comparison between February 2019 and February 2020)

  • the median detached home price rose 12.7 percent to $230,000
  • the average detached home price rose 9.7 percent to $266,264
  • overall inventory of detached homes for sale decreased  35.3  percent to 1,553
  • the number of closed sales for detached homes increased 6.7 percent to 809
  • the number of detached homes going under contract rose 25.9 percent to 1,195

76754 Views, 0 Comments

Read Full Post

You have probably been hearing the news about the Federal Reserve cutting the interest rate unexpectedly. This cut has definitely had an effect on mortgage rates as I have seen as low as 3.25% and some reporting lower rates that have been locked in.

If you are interested in learning more about saving thousands on your mortgage give us a call at (505) 886-1432. View your home value at www.MyHomeValueNM.com

14095 Views, 0 Comments

Read Full Post

1417 San Carlos Dr SW 87104

Ideally located near Albuquerque County Club, Historic Old Town, Downtown ABQ, Tingley Beach, Botanical Garden, Parks, and Zoo. And if you know the area there is a myriad of shopping and restaurants along Central Blvd.

1417 San Carlos Dr SW Albuquerque, NM 87104

  • Price: $275,000
  • Bedrooms: 2/3
  • Bathrooms: 2
  • Garage Spaces: 2

 

 

 

  

More Downtown/Old Town Homes For Sale

17674 Views, 0 Comments

Read Full Post

Here's some good news... momentum will keep housing positive in 2020 with historically low mortgage rates and the continued strength of the labor market.

Unemployment rate is at a 50-year low and so is mortgage delinquencies due to low rates, a solid economy and strong labor market. Mortgage delinquency rate was the lowest in Quarter 4 2019. This is the lowest lever since the current survey series by the Mortgage Banker Association begin in 1979.

24387 Views, 0 Comments

Read Full Post

With interest rates being as low as they are you can refinance, buy or sell a home and save money. I can help you road map a path to home ownership and if you have a home to sell I will give the 3 most important pieces of information:

  • How much your home is worth
  • How long it will take to sell
  • How much you make from the sale of your home.

Real estate is a great investment vehicle as well so if you are interested in learning more please contact us at (505) 886-1432.

16448 Views, 0 Comments

Read Full Post

Key Takeaways

  • Borrower does not have to be a first-time homebuyer.
  • 3% grant from program does not have to be repaid.
  • Minimum $500 required from homebuyer's fund.
  • Need to sell? Little equity? This will help fill that gap.

Tell me more about NEXT Home

Now you can buy your NEXT Home with the same benefits as a first-time home buyer!

NEXT Home is available in New Mexico through the Mortgage Finance Authority (MFA) for NON first time home buyers. It is a combination down payment assistance grant, that does not have to be repaid and a first mortgage loan. We work and sell homes in the Albuquerque and Rio Rancho area.

The NEXT Home grant is 3% of the first mortgage loan amount. The grant may be used for closing costs, pre-paids…

1712 Views, 0 Comments

Read Full Post

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…

3502 Views, 0 Comments

Read Full Post