Nineteen Albuquerque real estate brokers from 13 different companies are working together with Sunwest Trust to fill a vacuum created by the tight credit restrictions that make it virtually impossible for many people to get mortgage loans. Consider:

• ·         Mortgage denial rates were up nationwide by 15% in 2010, and are anticipated to be higher still in 2011

• ·         New Mexico has the 6^th  highest mortgage denial rate in the country, with 33.7% of loans denied in 2010

• ·         Denial rates are even higher among minority applicants and self-employed borrowers, and “jumbo loans” requiring higher interest rates are especially affected

• ·         Yet mortgage application rates are at a 15 year low, as many people don’t even bother to apply!

A solution? Owner Financing!

SO---- Dozens of homes offering easy owner financing for buyers will all be held open in one huge

Owner Financing Open House Tour

September 16, 2011 from 4-7 p.m.

The tour includes homes in Albuquerque, Corrales, Placitas, Cedar Crest, Tijeras, Edgewood, and Sandia Park, NM.

Property details, photos, maps & flyers available online for the general public at www.OwnerFinancing-NM.com.

There will be great refreshments, plus door prizes! There are great owner financing options in NM! Come on out and see us!

Statistics thus far for 2011 make it appear that homes sales in Placitas, NM may have turned the corner.

Average sales prices for single family homes in Placitas had steadily declined from 2007 through 2010, while time on the market had steadily increased. But figures for 2011 year-to-date show a turnaround in these figures.

Both in terms of average sales price, and in terms of average dollars per square foot, sales for 2011 are up slightly from the figures for 2010. At the same time, the average time on the market had decreased. See the graphs below for details:

Average Sale Prices for Single Family Homes in Placitas	Average Price per SF in Placitas
Average Days on the Market in Placitas

 All data from Greater Albuquerque Association of Realtors statistics as of September 5, 2011.

It's a great time to check out homes for sale in Placitas, New Mexico. Some even offer owner financing, like these two that will be on the big "Owner Financing Open House Tour" for the greater Albuquerque area on September 16,  2011 from 4-7 p.m. For more information on the tour, see www.OwnerFinancing-NM.com.

9 Camino Vista Hermosa, listed by Lauren Herman of La Puerta Real Estate 867-3388

8 Juniper Road, listed by Laura Warden, Choices Real Estate, 239-4796

Mark your calendars now for the huge, multi-broker Owner Financing Open House Tour in the Albuquerque area on September 16th!

You, too, can kiss those mortgage company rules goodbye, especially the impossible hoops they want you to jump through to obtain a "Jumbo Loan," because the owners of dozens of high-end, executive homes in and around Albuquerque, NM, are offering owner financing. And their listing agents have all gotten together to hold all these properties open on one grand Open House Tour on Friday, September 16, 2011 from 4-7 p.m.

There will be homes in both Northeast and Northwest Albuquerque, plus Corrales, Placitas, and the East Mountain communities of Cedar Crest, Sandia Park, and Edgewood, New Mexico. Prices range from about $500,000 on up. These include wonderful luxury homes with all the bells and whistles, and also country estates and horse properties on acreage. It's a great opportunity for the general public, and also for local real estate brokers to check out multiple homes quickly and easily, and without having to first pre-qualify with a lender, because all of these owners are willing to provide owner financing to buyers without the onerous requirements most lenders have in place these days.

So stop by that Friday afternoon or evening. There will be plenty of refreshments available, and door prizes awarded. Register to win the door prizes at each house you visit, for more chances to win.

For more info, plus photos and details of all the properties involved, plus maps, directions, and flyers, just visit www.OwnerFinancing-NM.com!

Great equestrian event coming up next weekend in Albuquerque!

The "Spring Fever" Arabian Horse Shows will be coming to ExpoNM, at the State Fairgrounds in Albuquerque, NM, next weekend, March 26-27, 2011.

And that plural "shows" is not a typo; this event is actually two concurrent horse shows, double-judged! Spring Fever A is a Region VII qualifying event, and Spring Fever B is a Region VIII qualifying event. The events are sponsored by the Santa Fe Arabian Horse Alliance.

There will be classes to suit all equestrian tastes, including halter classes, both Western and English Pleasure classes, Country English Pleasure, Reining and Western Trail categories, Hunter Pleasure and Equitation events, English Show Hack, and the ever-popular Mounted Native Costume classes. There are even "Lead-line" classes for the tiny tots! Classes start both days at 8:00 a.m., and run until 6:00 p.m. View the complete show schedule here, and then pick your favorite classes and come on out and join the fun

More information is available by contacting Lois Seibel at 345-2244.

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Interested in horse properties in the Albuquerque and Santa Fe areas? We've got some great ones!

Consider these samples:

19000-acre ranch	7.5 acre horse property	Farm on 17 irrigate acres
Horse/Cattle Ranch, Santa Fe County	Santa Fe County Horse Property	Elegant SW Home, Irrigated Valley Land!
3 homes, extensive barns and other horse and livestock facilities, just minutes to both Albuquerque and Santa Fe, at I-40's exit 203 in Moriarty. Buy all or part, up to 19000 acres!	Wonderful 2200+ SF home, bright, open and airy, with great master suite, plus 4-stall barn, pipe fencing, round pen, just east of Albuquerque, in Edgewood.	Charming adobe home with vigas, brick floors, 2 master suites. Available on either 11 or 17 acres, with declared pre-1907 water rights! 30 minutes south of Albuquerque!
From $135,900-$2,200,000	$329,000	$890,000-$1,250,000

Or check out my horse property website to find loads of other wonderful horse properties!

No foolin'!

This is a once-in-a-lifetime kind of property! Owners will sell all or part of their  gorgeous 19000+ acre horse and cattle ranch, and it is located a mile off I-40 at exit 203, just half an hour east of Albuquerque, New Mexico! And part of the ranch is actually IN Santa Fe County!

Currently the JC Angus Ranch, this property was formerly the Cook Racehorse operation, and would make an ideal horse or cattle ranch, with 2000 deeded acres plus ove 17000 acres of state lease land. So come on out and live your dream!

Prices start as low as $135,900 for a 160-acre parcel; the whole shebang can be purchased for 2.2 million, and we can put together any size parcel with the configuration you need at prices anywhere in between!

Plenty of housing on the property--There is a comfortable, 2050 SF main house with two bedrooms plus a study, a detached, 2-car garage and 512 SF guest house, plus a 1545 SF older adobe home that needs some work, and also an optional recent 3 BR, 2 BA doublewide! And of course, there's plenty of room to build the your very own dream house, if you're so inclined!

There's also a large, 2446 SF workshop for machinery or work needs...

And there are horse and livestock facilities galore, including a 6000 SF barn with 8 indoor stalls and additional outside and shed-row stalls, huge tack room, vetting rack, chutes, enclosed round pen, treadmill, hotwaker, loads of paddocks with loafin' sheds, roping arena, scales, grain augers, etc., etc. Absolutely everything you'll need for a top-notch cattle or horse ranch.

Check out some additional photos below, or visit our New Mexico Ranch website for more details, maps, and virtual tour!

OK, we all know, Santa Fe is trendy; Santa Fe is expensive.

BUT, there's a little known secret-- the southern portion of Santa Fe county offers wome wonderfully affordable real estate that is in reasonable commuting distance to the "City Different" and is also just minutes from our NM "big city," Albuquerque!

For example, you can buy a wonderful horse property on 7.5 level acres, with stylish 2200 SF home, 4-stall barn, pipe-fenced pastures, round pen, and much more for just $329,000! Check out this wonderful Santa Fe County horse property, in the little town of Edgewood, New Mexico!

But this isn't the only horse property in the area; there are dozens and dozens of horse properties in Edgewood, with prices starting even below $100,000. Check them out for yourself by searching Edgewood horse properties online here.

So equestrians, if you're looking to be in the Santa Fe area, but find prices in Eldorado and other similar horse property areas to be prohibitive, look south to the other side of South Mountain, and check out what Edgewood has to offer!