Home Buying in Albuquerque : Advice

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Emily Medvec, Real Estate Pro in Santa Fe, NM
Emily Medvec answered:
Looking for an owner financed home not more $150,000, three bedroom, two bath, NE Albuquerque or near west side.
Are you looking on behalf of a buyer? Why not search the GARR web site for owner financed properties given you have access as a Realtor. The other thing I would suggest would be to put ... more
0 votes Share Flag Sun May 27, 2012 Home Buying in Albuquerque
Monica Atkins, Real Estate Pro in Albuquerque, NM
Monica Atkins answered:
I am interested in a single level ranch type house in a gated community such as Tanoan or North Albuquerque acres.
I would be more than happy to help you find your new home. I would like to find out a little more detail about what you're looking for, your price range, anticipated move date to Albuqu ... more
0 votes Share Flag Sun May 27, 2012 Home Buying in Albuquerque
Emily Medvec, Real Estate Pro in Santa Fe, NM
Emily Medvec answered:
First time home buyer, what should I prepare to save and spend.
Hello doubtswimmer,
Your best step would be to visit with your mortgage group at one of your local Albuquerque banks or where you are a customer - bank or credit union. They would best ... more
0 votes Share Flag Fri May 18, 2012 Home Buying in Albuquerque
David Staffo…, Real Estate Pro in Albuquerque, NM
David Stafford answered:
Anyone know of a rental that my wife and I can get into while we are looking over home purchases? We have pets.
Although I do not know of a short term rental since our rental market is so tight, here are some tools to help you search for rentals from where you are, these are the best sites I reco ... more
0 votes Share Flag Wed May 16, 2012 Home Buying in Albuquerque
Leigh-Jo Anz…, Real Estate Pro in Albuquerque, NM
Leigh-Jo Anzures answered:
Amateur radio antenna towers and antennas
You may want to consider making an online radio station. You can stream live while bypassing the typical bureaucracy. It's cheaper and can be profitable in multiple ways (e.g. Streami ... more
0 votes Share Flag Mon May 21, 2012 Home Buying in Albuquerque
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
CAN I SEE MORE HOMES?
Robert the best way to see more homes is to hire a Buyer Broker who can assist you in getting homes to see, information and conduct the showings.
0 votes Share Flag Wed May 16, 2012 Home Buying in Skies West
Leigh-Jo Anz…, Real Estate Pro in Albuquerque, NM
Leigh-Jo Anzures answered:
Hello, My wife and I are resident physicians and are looking into options for buying our first home in the Albuquerque NM area.
Hello,

The first step I would recommend is, speak with a mortgage specialist. This will inform you of all the options you have. Today's interest rates are amazing and the incentive ... more
0 votes Share Flag Thu Jan 3, 2013 Home Buying in Albuquerque
Jessica Hood,…, Real Estate Pro in Odenton, MD
Jessica Hood, Realtor & ASP answered:
Does your broker get a referral fee from any vendor he asks you to use?
Absolutely not. Even if it were legal our team only makes vendor recommendations to tried and true lenders, title companies, contractors etc. We are putting our reputation on the lin ... more
0 votes Share Flag Wed Apr 11, 2012 Home Buying in 87107
Gale Acton, Real Estate Pro in Seymour, IN
Gale Acton answered:
I am asking the typical time to complete a short sale. I am a buyer, preapproved for financing. Listing agent supposedly has done many of these.
Short sales are complicated! If the property has been officially listed with a Realtor the process can take 3 to 6 months. Remember every property is different and the lender is differ ... more
0 votes Share Flag Sat Apr 5, 2014 Home Buying in 87105
Rozalyn Fran…, Real Estate Pro in Columbia, SC
Rozalyn Franklin answered:
What is the typical time for a short sale to go through in the Albuquerque area?
Unfortunately there is no set time on when a short sale will go through, each situation is different depending on how many liens are involved, and also how backed up the lenders are. Sh ... more
0 votes Share Flag Mon Apr 9, 2012 Home Buying in 87105
Alyce Martin, Real Estate Pro in Albuquerque, NM
Alyce Martin answered:
? about house on 9604 Big Sage 87114. Saw it on SWMLS this week, then on zillow as short sale, now off market.
According to our MLS this evening, the home on Big Sage went into pending on 4/2/12. It is a short sale.

To find comparable homes that are available, visit my site at http://www. ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in Ventana Ranch
NAPLES REAL…, Real Estate Pro in Naples, FL
NAPLES REAL ESTATE GUYS answered:
Looking for an owner financed home in the $130,000 range, three bedroom, two bath, NE Albuquerque or west side, but too far west or south.
First step engage a Mortgage Broker and get pre-approved in writing. Second step, engage a Realtor and show your pre-approval letter. http://www.naplesrealestateguys.com/
0 votes Share Flag Tue Apr 10, 2012 Home Buying in Albuquerque
Mei Cheng, Real Estate Pro in Albuquerque, NM
Mei Cheng answered:
what does it mean when a property says REC is available? I've tried googling it but come up with nothing.
REC stands for Real Estate Contract. In another words, owner financing. In case Buyer is not able to qualified for bank loan, Seller is willing to finance for a period of time in excha ... more
0 votes Share Flag Tue Mar 27, 2012 Home Buying in Albuquerque
David Staffo…, Real Estate Pro in Albuquerque, NM
David Stafford answered:
I filled bakruptsy last year in march do you know if that will hert me on buying a home?
You need to check with your lender to determine which programs require how much time. Some require as much as 4 years since bankruptcy, but there may be others that have much less, but ... more
0 votes Share Flag Wed Mar 21, 2012 Home Buying in 87110
Blythe Camen…, Real Estate Pro in Albuquerque, NM
Blythe Camenson answered:
What areas in Albuquerque are likely to appreciate in the next 5 years?
I strongly believe that the UNM/Nob Hill/Ridgecrest areas will continue to appreciate in the next 5 years. These neighborhoods are very popular and have held their own during the crunch ... more
0 votes Share Flag Tue Apr 3, 2012 Home Buying in Albuquerque
Leigh-Jo Anz…, Real Estate Pro in Albuquerque, NM
Leigh-Jo Anzures answered:
What's the typical process when buying a short sale?
Buying a short sale is not the same as buying a foreclosure, HUD home, VA Home, new construction home or non-distressed property. There is a lot to consider.

1) Work with a local r ... more
0 votes Share Flag Mon Mar 5, 2012 Home Buying in Albuquerque
Leigh-Jo Anz…, Real Estate Pro in Albuquerque, NM
Leigh-Jo Anzures answered:
What are some tips for first-time home buyers?
1) Get prequalified. While it is an exciting experience, it's important to follow the proper steps to home ownership. Getting prequalified will help determine your buying power ... more
0 votes Share Flag Thu Mar 8, 2012 Home Buying in Albuquerque
Linda Coy, Real Estate Pro in Albuquerque, NM
Linda Coy answered:
Which costs are potentially negotiable in closing costs
If you are the buyer and are purchasing an existing home, the seller usually pays everything associated with conveyance of the property and you, as buyer pay all associated loan costs. ... more
0 votes Share Flag Sat Mar 3, 2012 Home Buying in Albuquerque
David Staffo…, Real Estate Pro in Albuquerque, NM
David Stafford answered:
What are some surprises that first-time buyers encounter when purchasing a home?
Costs to close, make some changes after closing, and move seems to always be underestimated. There are tons of little costs that add up. If you have a good broker, there should not be ... more
0 votes Share Flag Fri Mar 2, 2012 Home Buying in Albuquerque
Steve Quinta…, Real Estate Pro in Albuquerque, NM
Steve Quintana answered:
what are the tips for buying a short sale?
Consult with an expert...do some reading on the subject...make sure you take your questions to your expert..insure you know what kind of short sale you are dealing with...Avoid blowhard ... more
0 votes Share Flag Sat Mar 3, 2012 Home Buying in Albuquerque
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