There is often much discussion and even more resistance by buyers to be prequalified and ready to write an offer before seeing homes… Why is it so important? Many changes have occurred to our contracts and one of them is Paragraph 5a of the Purchase Agreement. This paragraph refers to what MUST be in place […]
Corrales, New Mexico Homes priced from $900,000
Gorgeous homes priced from $900,000 CORRALES HOMES – $900,000 Live in luxury in this beautiful New Mexico village. More information about Corrales, New Mexico Linda DeVlieg, Associate Broker COLDWELL BANKER LEGACY 505-750-7549
“I’m going to rent out the home I’m living in…so that I can buy a new one”
Did you know that there are special requirements for this? Renting out your current property doesn’t relieve you of the debt ratio involved in calculating your new loan qualification. Here is some of the requirement: You need to have 25% to 30% equity (depending if the new loan is FHA or Conventional) in the existing […]
Albuquerque Supply and Demand Statistics February 2014
In a world of Perfect Competition, this statistical information shows “If no other homes in the area were put on the market, how long would it take to sell all of them currently on the market” – Find your neighborhood, see how many current listings and current contracts – and see how long it will […]
Del Webb Community coming to Albuquerque’s West side!
How to Buy a House
I’m often asked about how to buy a house; believe it or not in this vast information age, people still don’t know how! It is not driving around looking at homes. It is not calling each agent’s sign and asking how much, how long has it been on the market, and how many bedrooms. Buying […]
Does Marketing Matter?
When trying to market your home for sale, you may hear that marketing doesn’t matter “put it in the MLS and let it sell.” When I have my consulting sessions with my Albuquerque home buyers, I will sit down at my office, in front of my TV monitor, and we go through the Multiple Listing […]
Can Bankruptcy Stop a Foreclosure action?
Dave Giddens, a local Albuquerque Bankruptcy attorney – Last year, the number of bankruptcy filings in our state numbered 4,330, a 10 percent drop from the previous year when they numbered 4,810, according to a recent article in The Wall Street Journal.* So why the drop in bankruptcies when our economy hasn’t fully recovered? The […]
Welcome Home Magazine – Breaking News
Since 1997, Welcome Home Magazine has advertised the best homes in Albuquerque that are for sale through Coldwell Banker Legacy. For information on any one of these homes, call me or your broker, today! Linda DeVlieg, Associate Broker Previews Property Specialist Coldwell Banker Legacy 10400 Academy NE Suite 100 Albuquerque, New Mexico 87111 https://www.realestateinabq.com 505-750-7549 […]
Buying a new Albuquerque home? DON’T DO THIS!
If you are ready to buy an Albuquerque home, do not do these things while applying for and before closing on the loan. These are things that sometimes you wouldn’t think about, and if you loan officer hasn’t reminded you of these a hundred times over, you could delay your closing or completely mess up […]