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87104 : Real Estate Advice

  • All4
  • Local Info1
  • Home Buying1
  • Home Selling1
  • Market Conditions0

Activity 266
Thu Jan 10, 2013
Brian Fossa answered:
Not yet, but it is bank owned (BAC Home Loans), so it should come on the market in the future.
0 votes 8 answers Share Flag
Wed Dec 27, 2017
Roland Vinyard answered:
Generally, you can't, especially with the multi-state big banks. When they are ready to sell, they use brokers and do not deal directly with the public. There may be exceptions, but they are mostly with the small, more local banks. ... more
0 votes 13 answers Share Flag
Tue Jan 10, 2012
Ted Zmroczek, Ted Z. answered:
Hello, For the kind of requirements you have I would recommend concentrating on the NE Foothill area of Albuquerque. Our office has at least one 4 plex listed and I know an area where there are nicer 3-4 plex type units availablr. Please contact me at tedzmroczek@parginrealty.com for further information on these properties or call me at 505-239-1500.

Take Care and Thanx for for Question!!

Ted Z
... more
0 votes 7 answers Share Flag
Wed Jan 11, 2012
Steve Quintana answered:
Jag3630; There are around 15 Albuquerque condos listed in the MLS which offer owner financing. What is it you are looking for?
0 votes 6 answers Share Flag
Tue Jun 26, 2012
Christella Padilla answered:
I'll be glad to assist you. You can reach me at 505-252-2715. I look forward to hearing from you soon.

HAPPY NEW YEAR,

Christella Padilla
Coldwell Banker Legacy
0 votes 5 answers Share Flag
Thu Dec 15, 2011
Terry McCarley answered:
This is a question best addressed to your local law enforcement agency.
0 votes 5 answers Share Flag
Sat Mar 3, 2012
Vicki Eisel Starinsky answered:
When purchasing a home, they look at many factors, including credit score and income. Your score is great, but the income would be too low to qualify for a home purchase of $100,000. Other things to consider is that although your score is high enough, you may not have enough trade lines aka revolving credit such as a car payment or credit card. You may be able to use alternative credit such as cell phone bill that you regularly pay on time every month. Typically they want three of these. You may qualify for a lesser priced home or maybe you can get someone else on the loan with you who can be considered a non occupied owner. I hope this has helped. ... more
0 votes 7 answers Share Flag
Sat Nov 12, 2011
Blythe Camenson answered:
Usually, yes. (But it depends on the type of loan you're getting.) You'd also have to show proof of funds or that a bank has prequalified you. If you'd like help finding the right property or getting financig, give me a call or text me at 450-7448. Blythe Century 21. ... more
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Sat Nov 26, 2011
Steve Quintana answered:
Try Tyson Rentals or similar. If Dr. and Mrs. Nyberg want to use the MLS to search for private rentals I will help after they call me to discuss.
0 votes 3 answers Share Flag
Sat Nov 12, 2011
Mona Romero answered:
Hi Matt,
As a short sale expert I can tell you that a short sale is no different than any transaction except for the fact that you need to have the seller's mortgage approval to sell the home for less than what the homeowner owes on the home.
The financing for the buyer can be any type of loan. There are times when a buyer would not be able to use an FHA loan product on a short sale and that would be in the event the property is in need of repair that would hinder it from passing an FHA appraisal or if your lender has specified repairs as a condition of financing.
I can provide you with an excellent resource for financing type inquiries if you would like.
I can be contacted directly at 505-362-3667 text or call. Also by email at MonaRomero@REMAX.net In addition you can follow this link to tons of short sale information and resources.
Best of Luck!
MONA
... more
0 votes 3 answers Share Flag
Sat Mar 3, 2012
Marge Bennett answered:
there will likely be 2 appraisals, one the bank does to set their value on their asset which they pay for and the 2nd the one you pay for if you are getting a mortgage to set the value for your lender. The 2nd is optional if you are paying cash or possibly if your lender and the selling bank are the same.

Until the offer comes back from the lien holder, you really don't have approval. You may be in contract with the seller if they signed your offer. look at your contract, see the time frames. Ask your agent for their advise.
... more
0 votes 7 answers Share Flag
Sun Oct 23, 2011
Brian Fossa answered:
Hi Matt, The initial valuation of the property is paid for by the lienholder, either by appraisal or by Broker's Price Opinion, to determine their basis for value of the asset they may acquire via foreclosure. Unless you are paying cash, there will be another valuation done by the buyer's lender. Lienholder usually will not pay for this, but every once in a while, they will, depending on the valuation of the property, or their specific motivations. In a short sale situation, an initial offer can be withdrawn at any point up to a buyer's acceptance of lienholder's conditions, and satisfaction of any inspection contingencies. I will say, if you think that you might "change your mind", short sales are probably not what you should be looking at. Lienholder's conditions can be curious & mind boggling at times. It really takes a little more commitment to the transaction than a regular transaction. There are bargains that can be had in short sales, but you must often persevere to successfully gain from them. Good luck to you. Brian Fossa, RE/MAX Elite ... more
0 votes 6 answers Share Flag
Fri Oct 21, 2011
Joan Braunschweiger answered:
Larissa, real estate agents aren't going to comment on the trashiness of a neighborhood or if the people who live there are nice. Its not only a professional no-no but one person's definition of nice may be another person's nightmare. ... more
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Wed Oct 19, 2011
David Stafford answered:
How much? Send me link or address. I do have a client considering move from NY to here, and we have looked in ACC area and she likes it quite a bit.
0 votes 0 Answers Share Flag
Thu Oct 13, 2011
David Stafford answered:
What part of town and what price range? I will post a link to some right here for you to look at and consider.
0 votes 11 answers Share Flag
Mon Jan 2, 2012
Bill Eckler answered:
Kurt,

This is so unfair....why should a "dead beat" tenant be able to get away with this type of behavior. There are really only two approaches when dealing with these situations. One of "stroking" and one of "poking." In this case it would appear that stroking has already been ruled out.

It's sad to say that buying them out is an alternative but given the circumstances it may be your best choice. Refunding a portion or all of their deposit money and a relocation stipend may get their attention. On the surface this may appear costly but in the long run it could save you money. Stroking.

The "poking" approach would involve staying with the eviction process but stepping it up a bit. Involve an attorney and have them draft a couple letters that can be sent at various times. Bombarding them with letters explaining your rights and possible actions may also get their attention. It may be beneficial to have a licensed mold abatement company evaluate the alleged problem so that can be ruled out or remediated.

Remember, as a landlord you DO have rights.....it's just too bad you need to fight so hard to get them.

Good luck,

Bill
... more
0 votes 3 answers Share Flag
Fri Sep 23, 2011
Kurt Grosse asked:
0 votes 0 Answers Share Flag
Thu Sep 15, 2011
Carol Bouloy answered:
Volcano Cliffs is still an upcoming desirable area. It started to take off just when the market fell so building came to a halt. It is located in our new High district, Volcano Vista, which is a plus. There are several questions that I have in order to advise. How much did you pay for the lots? Are you ever planning on developing them or moving to Albuquerque? What are the address of the properties? Are they contiguous? I can give you a better answer if you could give me some more information. I would be glad to help.

Carol Bouloy
Coldwell Banker Legacy
505.450.2574
... more
0 votes 4 answers Share Flag
Tue Sep 25, 2012
Charlotte Boyer answered:
Contact AMMRE Property Management at www.ammre.com or call 505-765-5800.
0 votes 9 answers Share Flag
Mon Sep 5, 2011
Blythe Camenson answered:
Hi Mark

That's an easy one! Nob Hill, Old Town, and Downtown are three areas popular with young professionals. Are you looking for a condo or a little house? There are loft apartments, some townhomes, as well as great little casitas. Give me a call (I'm by the phone right now) and I can send you some listings and show you around when you get here. Blythe Camenson, Century 21 Camco. (505) 450-7448 ... more
0 votes 7 answers Share Flag
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