Hi Victoria, It is frustrating when technology doesn't work isn't it? If you are still searching and would like some assistance creating a search based upon certain criteria, please let me know. I can help.... more
What I liked about this article is that it suggests ways to increase value on different budgets. http://www.bankrate.com/finance/money-guides/10-cheap-fixes-to-boost-the-value-of-your-home-1.aspx. Best of luck with your project!... more
As you drive through some of the older neighborhoods downtown, you can definitely see pockets of development. Here is an article from the Albuquerque Journal about one of the most significant development activities that will be happening: http://www.bizjournals.com/albuquerque/news/2014/05/02/downtown-s-4th-street-mall-reconstruction-to-begin.html. Would you like to connect to talk more about your goals?... more
The first area that comes to mind when thinking investment property is the UNM area, which would include the Ridge Crest area and Nob Hill. This area seems to always be in demand. Being close to the University of New Mexico usually ensures that the property will be occupied with a renter all most year long. Granted, different seasons will effect the vacancy rate. Often if the property is updated and the rent is more on the higher end, it can attract graduate students who a more likely to stay year round and can appreciate a quite area for studying purposes.
If possible, a single family, detached property would be ideal. Condos and town homes tend to appeal to a smaller pool of buyers. Whereas, with a single family home, when it comes time to unload the property, a detached home will appeal to more buyers. You will have all different types of people in different stages of life looking more seriously at a single family home.
What is the address of your property? What size, make, model and condition is the mobile home? Is there city water and sewer? What about landscaping? Give me this info and I will give a sale price.... more
I offer ITIN loans nationwide. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Bart and I have been offering loans since 1987. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you.
$200 more for a month-to-month lease is not ridiculously high. I've seen people pay 2x as much for a month-to-month. A lease protects the landlord, to a degree, so you'll pay less rent when the landlord is protected by a lease.
A month-to-month renter makes landlords nervous and stressed out. They charge you for the headache you're causing them. So convenience on your part = inconvenience to the landlord. You have to pay extra for that luxury.... more
Is now a good time to sell? That depends on your personal situation and finances. We're back to being in an appreciating market so your home theoretically will be worth more tomorrow than it is worth today. If home value was the only factor then the easy answer would be to wait and wait and wait. You'll net more and more as time goes by.
But we know there are other factors involved such as the school schedules of children, work relocation, whether you will be selling your home and then buying a new home, annoying neighbors, and a myriad of other factors. In other words there is no clear answer to your question. All factors have to be weighed. This is more about what is best for you and your family.
If you're wanting to sell your existing home and then buy a new home then you're going to sell at a time when home values are very low (a bad thing), BUT you'll concurrently be buying at a time when prices are low (a really good thing). So you lose a bit on the sale but pick it up on the purchase.
Weight the pros and cons and then go for it. I wish you luck. :-)... more
Answering your question as to why it is a good time to buy a house depends on your personal circumstances. Please give me a call to brainstorm your situation and get you a solid answer to your question.... more