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Showing posts from October, 2012

New Mexico a great place to visit!

Conde Nast has given 3 of our resorts top rating - now is the time to come to the Land of Enchantment! Come visit New Mexico and see what we have to offer! Check out our Facebook page for 365 Things to Do in Albuquerque, New Mexico !!

Sandia Heights - Sales for 2012

View SANDIA HEIGHTS Sales for 2012 in a full screen map Scroll into map for information on each property. For more detailed information, please don't hesitate to contact me anytime. Find out how I can assist you with real estate sales, purchases and investments. www.RealEstateInABQ.com

REAL ESTATE FAQ'S

HOW ARE YOU PAID FOR YOUR SERVICES?   As a seller , you pay my brokerage a percentage of the sale at closing.  This, along with customary closing costs for a seller to pay, i.e. title company fees, closing fees, search fees, are taken out of your proceeds at closing.  My brokerage then pays me a percentage of what they have collected.  If no CLOSING occurs, I am not paid anything.  Out of this amount I pay my federal and state income taxes, my desk expenses (what it costs me to work at my brokerage), and all of the marketing costs that I have incurred while trying to sell your home (i.e. signs, flyers, brochures, internet advertising, etc). As a buyer , the seller is agreeing to pay my brokerage a percentage an amount offered in the MLS to successfully bring you to closing on their property.  If there is no closing, I don't get paid anything.  So, it's important to know that while I am showing you homes, there is no fee; there is no fee for my advice, consultation or time

REAL ESTATE FAQ'S

What is a 'lease purchase'?   A lease purchase is a two-portion contract.  You agree to buy the house after a period of time where you live in the property, agree on a purchase price, and deposits, with a secondary contract that addresses the terms of the 'lease' period. Is it a good way to buy?  It depends on what your goals are.  To find a seller who offers their Albuquerque home for sale as a lease purchase narrows your choices.  Also, you might lose your deposit if you don't close on the property according to the terms of the purchase agreement. For more in-depth information about this type of purchase, or for any other question that you might have, either contact me directly , or simply post your question below. I look forward to assisting you!

REAL ESTATE FAQ'S

Why don't all sellers have open houses? There are some homes that I see for sale that I want to see on an open house... Some sellers appreciate that they only want qualified buyers looking at their homes under the supervision of a licensed real estate broker.  An open house is just that - open to the public regardless of whether someone is really in the market to buyer a home.  They might just be looking at the decorating, or something as unsavory as casing the place for bad things. Primarily open houses are done for the benefit of the broker holding the home OPEN.  It is an opportunity for them to meet and greet the neighbors, prospective buyers and perhaps even prospective sellers. So, if you ever see a home that you are interested in viewing, and you are in the market to buy and are prequalified...don't be afraid to contact a real estate professional and get a personal tour. If you have a question that you would like answered, please email me or send a comment

REAL ESTATE FAQ'S

Will I need to pay for anything until I close on the house? Yes, be prepared to pay for inspections and maybe even the appraisal at the time of the inspection or service.  While some of these items sometimes are negotiated for the seller to pay, a lot of sellers are requesting that the buyer pay for any inspections that are necessary for the buyer's purchase. According to our contracts in New Mexico, you have a 'due diligence' period in which to get all of your inspections done that you want performed to satisfy your questions on the property.  Some inspectors will require payment at the time of inspection.  Some will waive the fees until you close.  Just be sure when you are preparing to purchase a home, that you factor in some of these early 'out of pocket' expenses. If you have any questions that you would like answered, simply post a question below and I'll get to it right away!