owner financing: Family Compound! Mountain Retreat surrounded by National Forest!
- 08/07/12 07:14 AM
Check out 30 Twin Peaks, in the Manzano Mountains just east of Albuquerque, NM. This is an incredible private mountain retreat, or ideal family compound! Just look how much $599,000 will buy: The photos & descriptions here are not enough to do justice to this amazing property--- you've really got to see for yourself! Located in Manzano Morning subdivision, backing right on the national forest, this 20-acre property features a 3545 SF main house & a totally separate 1670 SF second home, plus detached "casita" off the main home, with its own living area, kitchen, full bath, and bedroom! Plus … (1 comments)
owner financing: 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)
owner financing: Placitas Home Sales Turning the Corner?
- 09/05/11 10:13 AM
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: All data … (0 comments)
owner financing: Owner Financing Open House Tour in Albuquerque Area
- 09/01/11 09:53 AM
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 … (4 comments)
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.
Check out 30 Twin Peaks, in the Manzano Mountains just east of Albuquerque, NM. 
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