Real estate blog entries tagged with activerain by C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less... (Empowering Buyers & Sellers in Albuquerque and Rio Rancho NM)

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Home : Blogs : C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less... : Albuquerque & Rio Rancho Real Estate : Tag "activerain"

activerain: More Tax Credit in the works for homebuyers! - 10/28/09 10:28 PM

Have you heard the latest on the $8000 First-time Homebuyer Tax Credit Program? Great news! Both chambers of Congress are considering bills to extend the deadline from November 30, 2009 to April 30, 2010. So for those who have been sitting on the fence for so long, here is another opportunity.
In addition, there will be a a new credit of $6500 to homeowners who have owned their current home for 5 years or more. This is great news! Congress is actually encouraging investment. I urge all homeowners to take advantage of this program.
Imagine the doors that this can open up for you. Consider the following:
1. Rental income … (2 comments)

activerain: Commentary: Albuquerque & Rio Rancho Real Estate - 10/23/09 11:44 PM

Sunday’s Rio Rancho Journal reported in the article “Home Sales Continue To Rebound,” good news for the real estate market in both Albuquerque and Rio Rancho. The September 2009 numbers for both cities were better than those for 2008…Click the below link for the article: Home Sales Continue To Rebound on Page 1 of October 17, 2009 issue of Rio Rancho Journal Section
I am not sure that this article appropriately explains the current trend though. I think that comparing percentage change between our two cities is a bad idea. Should Albuquerque reflect a higher percentage change next month, would that … (1 comments)

activerain: Seeking Referral Partners - 10/05/09 04:12 PM

This is an invitation to all Real Estate Professionals interested in becoming a part of a legitimate Referral Network
If you meet the following criteria, please sign-up:
1. Agent and Brokers outside of Albuquerque or Rio Rancho New Mexico
2. Mortgage Brokers
3. Real Estate related contractors and service providers
Please click on the appropriate link below:
1. Agents and Brokers: http://www.LloydMcKenzie.com/Agent-Referrals
2. Contractors and other Service Providers: http://www.LloydmcKenzie.com/Business-Partners
Look forward to doing business with you
… (2 comments)

activerain: Should the following headline "IndyMac Bank seized by federal regulators" cause us concern? - 07/12/08 04:32 PM

One cannot deny the impact of the following headline, "IndyMac Bank seized by federal regulators." After a busy two weeks, I finally got the chance to sit down and watch some TV. As I surfed the channels, one headline kept repeating is that of INDYMAC Bank being seized. CNN stated, "This could be the costliest bank failure in the history of the US" Should we be concerned? Are you concerned?
Well, here are some links to the story:
http://www.latimes.com/business/la-fi-indymac1-2008jul01,0,2858219.story
http://www.latimes.com/business/la-fi-indymac12-2008jul12,0,6071779.story
http://money.cnn.com/2008/07/12/news/companies/indymac_fdic/index.htm?cnn=yes
Even the regulators are concerned. CNN reported that on Friday there was a "run" on INDYMAC in Pasadena, CA, and … (3 comments)

activerain: Brokers Price Opinion (BPO) - 05/18/08 12:12 AM

I had an interesting experience with with an intermediary company with whom I am affiliated that I would like to share with you. After accepting their request for a BPO, I proceeded to working on it. I completed all the requirements and felt that the opinion was valid. Several hours later, I received an email from their Quality Assurance Department stating that the price range did not meet the banks requirements. I was flabbergasted! It did not meet the bank's expectation! This is definitely cause for concern. First of all, since the bank wants the opinion to come in at a particular price, … (24 comments)

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C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less...

Albuquerque, NM

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Empowering Buyers & Sellers in Albuquerque and Rio Rancho NM

Address: 7001 Prospect Place NE Suite 200, Albuquerque, NM, 87110

Office Phone: (505) 888-1700

Cell Phone: (505) 750-8552

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Albuquerque and Rio Rancho, New Mexico are among the most stable real estate markets in the United States. This has caught the attention of the national media. As such, it is incumbent on local Realtors to provide information about our cities for those interested in investing, relocating, or visiting. My goal with this blog is to highlight issues or topics in real estate, and where appropriate apply them to the local markets.

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