mortgage: ABQ realtors pitch in to fill mortgage gap - 09/09/11 07:06 AM
 
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 6th  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 … (0 comments)

mortgage: $8,000 First-Time Homebuyer Tax Credit- Refundable! - 03/16/10 06:36 AM
This is a dollar-for-dollar tax reduction offered only to first-time homebuyers. 
Credit amount is 10 percent of the value of the home, not to exceed a maximum of $8,000 (no credit is available for homes with a purchase price of more than $800,000).
This tax credit is offered to the first-time purchaser of a sinyngle-family home (including condos) that is to be used as a primary residence (purchases from close relatives are exempt).
Purchasers who utilize the NMMFA Bond Program are also eligible to recieve this credit.
The income limit for this credit is $125,000 for an individual or head-of-household (Form … (0 comments)

mortgage: $6,500 Trade-Up Homebuyer Tax Credit- Refundable! - 03/16/10 06:05 AM
This tax credit is offered for the purchase of any single-family home (including condos) that is to be used as a primary residence (purchases from close relatives are exempt).
To be eligible, one must be a long-time resident that has lived in the same primary residence for 5 consecutive years within the 8-year period prior to the purchase of the home. The borrower must be 18 years of age or older, and must not be filed as a dependent.
The income limit for this credit is $125,000 for an individual or head-of-household (Form 1040) and $225,000 for those filing a joint … (3 comments)

mortgage: St. Louis, Missouri expertise plus discount commissions! - 06/02/07 11:59 AM
(1 comments)

 
Laura Warden Nordin, 30-year Top Producer in Greater ABQ Real Estate (Century 21 Camco Realty) Rainmaker large

Laura Warden Nordin

30-year Top Producer in Greater ABQ Real Estate

Albuquerque, NM

More about me…

Century 21 Camco Realty

Address: 8300 Carmel NE, Albuquerque, NM, 87122

Office: 505292-2021

Mobile: (505) 239-4796

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Greater Albuquerque neighborhood, community, and real estate tips, updates, and infoprovided by Laura Warden, Albuquerque real estate and horse property specialist. My husband, Brian, and I provide four detailed websites to serve your specific needs: Albuquerque Area Horse Properties and Equestrian Communities Albuquerque Suburban Areas and Homes Albuquerque Historic Homes Small Town and Rural Communities and Real Estate This blog and our websites all provide current tips, updates, community news and information relevant to buyers and sellers of real estate in Albuquerque and surrounding areas, plus news and resources for New Mexico horse owners.


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