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Check Out Our Latest Hot Albuquerque Properties!

by Sandi Pressley

Just listed! We're highlighting these two sepctacular homes in Albuquerque with all the bells and whistles. Featuring tons of custom features and upgrades, either of these homes will make a fine choice for your next home. Take a closer look now before they sell during this busy Spring Albuquerque real estate season!

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

3711 Chapala Drive NE, Albuquerque, NM 87111
Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

This is your rare opportunity to own a beautifully renovated, 5-bedroom gem in the Eldorado School District! With en suite bedrooms both downstairs and upstairs, this one has so much to offer. NEW in 2022: Roof, kitchen cabinets with granite, stainless appliances, carpet, tile, plumbing fixtures, doors, garage door, lights and windows. Sellers recently updated landscaping and railings throughout - this is turnkey! Downstairs features one bedroom with en suite bath, chef's kitchen, oversized living area and a cozy reading nook with a wood-burning fireplace. Upstairs feels comfortable with oversized bedrooms and a primary suite with a wall of windows for spectacular mountain views! This large lot showcases several outdoor areas including a courtyard, outdoor firepit.

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308 Plaza Muchomas, Bernalillo, NM 87004

Impeccable custom T&R built home, in wondrous gated community inBosque Encantada..Upon entering you will be in awe of the customcraftsmanship, from elegant inlaid tile entry, hand crafted fireplace, and ofcourse an incredible cooks kitchen, ss appliances, 2 hi end dishwashers, and anamazing pantry that is accessible from the garage (into the kitchen) .This homehas a custom built green house and workshop attached, fitness room.Masterdown with incredible shower separate closets, with a safe room (forsecurity),Upstairs are additional bedrooms (with their own bathrooms), andbalcony with impressive views of the mountains and surrounding communityLets make new memories, in your exciting new home.

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Advice for First Time Home Buyers in Albuquerque

by Sandi Pressley

Embarking on the journey of purchasing your first home is a significant milestone that comes with a mix of excitement and apprehension. Albuquerque's real estate market presents unique opportunities and challenges for first-time home buyers. Here's an extended guide to help you navigate this important life decision with greater ease and understanding:

Deep Dive into Your Finances

A thorough assessment of your financial health is the first step in the home-buying process. Understand your credit score's impact on loan opportunities, calculate your debt-to-income ratio, and determine how much you can realistically afford for a down payment without compromising other financial goals.

Mortgage Pre-Approval

Securing pre-approval for a mortgage not only clarifies your budget but also strengthens your position in negotiations with sellers. It demonstrates your commitment and financial readiness to make such a significant purchase.

Comprehensive Market Research

Albuquerque boasts a variety of neighborhoods, each with its own character and price range. Investigate current market trends, average property values, and future development plans to find a community that aligns with your lifestyle preferences and financial constraints.

Account for All Ownership Costs

The purchase price is just the beginning. Factor in ongoing expenses such as property taxes, homeowners insurance, HOA fees if applicable, maintenance costs, and potential renovations or upgrades.

Enlist a Local Real Estate Expert

Partner with a real estate agent who specializes in the Albuquerque area. Their expertise will be invaluable in guiding you through listings, viewings, and the nuances of local real estate regulations. Sandi Pressley and her team have been helping people in Albuquerque find their first home for decades.

Prepare for Bidding Wars

With a competitive housing market, it's essential to be decisive and prepared to make strong offers. Discuss strategies with your agent to stand out among multiple bids without overextending your budget.

Rigorous Home Inspection

A comprehensive home inspection can reveal hidden issues that could lead to costly repairs down the line. Consider additional inspections for pests, radon, or structural integrity if suggested by the initial findings.

Strategic Negotiation

Work with your agent to understand the seller's motivations and craft an offer that addresses those while remaining within your budget. Be prepared to negotiate terms beyond price, such as closing dates or contingencies.

Evaluate Resale Potential

While it may be early to think about selling, understanding factors that affect resale value—such as location, school districts, and property condition—can ensure your investment remains sound over time.

Embrace Patience in Your Search

The right home might not appear immediately. Stay patient and avoid rushing into a decision that doesn't check most of your boxes or feels financially uncomfortable.

Explore Financing Options

Familiarize yourself with different types of mortgages and lenders available in Albuquerque. From conventional loans to government-backed options like FHA or VA loans, choose the one that best suits your needs.

Closing Process Understanding

Be aware of what the closing process entails—title searches, insurance policies, closing costs—and set aside funds for these final steps.

Homeownership Education

Take advantage of homeownership classes or workshops offered by local organizations. These resources can provide valuable insights into the buying process and long-term financial planning for homeownership.

By taking these extended tips into account, you'll be better equipped to approach the Albuquerque housing market with confidence and make well-informed decisions as you step into the realm of homeownership.

HOT ALBUQUERQUE LISTING OF THE WEEK

6837 Mountain Hawk Loop NE, Rio Rancho, NM 87144
Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

Beautiful 'Move in Ready' Home situated in the quaint community of Mountain Hawk! With 5 bedrooms/2.5 bathrooms, this home is ideal for large &/or extended families, hobbyist, etc! Featuring efficient floorplan with 2 living areas; easy care tile & Mohawk laminate flooring thru-out; gourmet kitchen w/granite countertops; upgraded cabinetry; pantry; overlooking dining & family room. Privately situated on main floor, the primary suite is a true retreat w/spa like en suite. Upper level boasts a spacious loft plus 4 more bedrooms & full bath w/dbl vanity. Low maint' front & back yards w/covered & open flagstone patio, weed barrier, decorative rock/mulch, privacy fence, raised garden beds, security side gate, shed & more. Close to local amenities with easy commute to Santa Fe or Albuquerque.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

 

Tips for First Time Home Buyers in Albuquerque

by Sandi Pressley

Buying a home in Albuquerque is a big decision, especially if it's your first time. There are many factors to consider, such as location, budget, financing, inspection, and negotiation. If you're looking for some tips to help you navigate the process of buying your first home in Albuquerque, you've come to the right place. Here are some of the most important things to keep in mind as you embark on this exciting journey.

1. Do your research.

Before you start looking for homes, you should have a clear idea of what you want and what you can afford. You can use online tools to search for homes that match your criteria, such as size, style, features, and price range. You can also browse through local listings and compare different neighborhoods and communities. You should also research the market trends and the average home prices in Albuquerque to get a sense of what to expect.

2. Get pre-approved.

One of the first steps to buying a home is getting pre-approved for a mortgage. This means that a lender will check your credit history, income, assets, and debts and determine how much they are willing to lend you. Getting pre-approved will help you narrow down your options and show sellers that you are serious and ready to buy. It will also give you an edge over other buyers who may not have this advantage.

3. Hire a real estate agent. B

uying a home can be overwhelming and complicated, especially if you're new to the process. That's why it's advisable to hire a professional real estate agent who can guide you through every step and represent your best interests. A good agent will help you find the right home for your needs, negotiate the best deal, handle the paperwork, and resolve any issues that may arise along the way. Sandi Pressley and her team have been helping people find thier ideal home for decades and can do the same for you.

4. Make a smart offer.

Once you find the home of your dreams, you'll need to make an offer that reflects its value and your budget. Your agent will help you determine a fair and competitive offer based on the market conditions, the condition of the home, and the seller's motivation. You'll also need to decide on other terms and contingencies, such as closing date, earnest money deposit, inspection period, and appraisal contingency. Your offer should be clear, concise, and attractive to the seller.

5. Have the home inspected.

After your offer is accepted, you'll need to have the home inspected by a qualified professional. A home inspection is a thorough examination of the physical structure and systems of the home, such as plumbing, electrical, heating, cooling, roofing, foundation, and more. The inspector will identify any defects or issues that may affect the safety or value of the home. You'll receive a detailed report with photos and recommendations for repairs or improvements. You can use this report to negotiate with the seller or back out of the deal if there are major problems.

6. Close the deal.

The final step to buying your first home in Albuquerque is closing the deal. This is when you sign all the necessary documents, pay the closing costs, and get the keys to your new home. The closing process can take anywhere from a few days to a few weeks depending on various factors. You'll need to work closely with your agent, lender, title company, and escrow company to ensure everything goes smoothly and on time.

Congratulations! You've just bought your first home in Albuquerque! Now it's time to celebrate and enjoy your new place.

HOT ALBUQUERQUE LISTING OF THE WEEK

4812 Longs Peak Road NE, Rio Rancho, NM 87144
Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

Save time & money over new construction on this turn-key, less than 2 year old home! Like-new kitchen w/sparkling white quartz counters, tile backsplash, stainless appliances & on-trend light gray cabinets w/crystal glass pulls. Wood-look plank tile in kitchen & baths, carpet in living & bedrooms. Living/dining/kitchen combo for open-floorpan comfort. Big walled backyard ready for your creative vision. Landscaped front yard with drip system for low-maintenance yard care. Light & bright primary suite with double sinks, big shower, and huge walk-in closet. 2 spacious spare bedrooms, full spare bath, and two car garage. Smart home alarm system, refrigerated air and low-e windows for energy efficiency and the utmost comfort; even on the coldest winter nights & the hottest summer afternoons.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

 

Just Listed! Check Out Our Latest Hot Albuquerque Properties!

by Sandi Pressley

Just listed! Whether you desire a first home in Albuquerque or a roomier upgrade, these listings have it all. Both boast stunning views, prime locations, and abundant amenities. And both homes are less than 3 years old, meaning you get an almost new home as well without the worries that can come with older homes. Take a closer look now before they sell during this busy Spring Albuquerque real estate season!

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

4812 Longs Peak Road NE, Rio Rancho, NM 87144
Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

Save time & money over new construction on this turn-key, less than 2 year old home! Like-new kitchen w/sparkling white quartz counters, tile backsplash, stainless appliances & on-trend light gray cabinets w/crystal glass pulls. Wood-look plank tile in kitchen & baths, carpet in living & bedrooms. Living/dining/kitchen combo for open-floorpan comfort. Big walled backyard ready for your creative vision. Landscaped front yard with drip system for low-maintenance yard care. Light & bright primary suite with double sinks, big shower, and huge walk-in closet. 2 spacious spare bedrooms, full spare bath, and two car garage. Smart home alarm system, refrigerated air and low-e windows for energy efficiency and the utmost comfort; even on the coldest winter nights & the hottest summer afternoons.

Learn More!


1056 Contabella Lane, Bernalillo, NM 87004

Gorgeous home nestled in the gated community of Portella Bellisimo on large, approximately .33 acre lot. Seller spent approximately 45K in upgrades! This 3 year young, very gently lived in gem features an open & bright floorplan with 4 spacious bedrooms all with walk in closets, of which includes 2 primary suites, ideal for in-laws, guests, etc.; PLUS a study/office. Raised ceilings; high end 20'' porcelain tile flooring; double sliding doors w/sidelight panels; high end lighting; tankless water heater; & more! Fine appointments grace the Chef's kitchen including beautiful quartz countertops & glass tile backsplash; high end SS appliances; walk-in pantry; & eat at bar that opens to adjacent dining & great room.

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Why Albuquerque is the Ideal City to Retire

by Sandi Pressley

Are you looking for the perfect place to retire? Check out what Albuquerque has to offer!

Albuquerque offers many benefits for retirees over 55 seeking an ideal retirement destination. Noted by experts as one of the best places to retire in the country, Albuquerque provides low bus fares, excellent healthcare, and services to help retirees enjoy life to the fullest. With its affordable transportation, top-notch medical care, and amenities tailored to retirees, it's clear why Albuquerque is a highly desirable place to retire.

Livability.com rated Albuquerque at #7 for the Best Places to Retire. They stated that “Albuquerque is one of the healthiest cities in the country with a high number of medical facilities, lots of exercise options and affordable housing." Add to that a dry climate and low cost of living, along with great recreation choices, and you can see what draws people over 55 to the area.

Here are some of the top towns in the Albuquerque area to retire according to Niche.com. Click the name to read the full review.

Sandia Heights
#1 Best Places to Retire in New Mexico

Boasting breathtaking views and a peaceful suburban atmosphere, Sandia Heights is a top community in New Mexico with a population of 3,205. Residents enjoy the area's plentiful parks, pleasant neighbors, and stunning sunsets. As one reviewer raves, "I have thoroughly enjoyed living in this part of Albuquerque, out of all the varying neighborhoods. It is a peaceful, quiet neighborhood, that is full of pleasant people. Aside from the lovely residents, the view is completely breathtaking! The sunsets are especially beautiful."

Search Homes For Sale in Sandia Heights

Corrales
#1 Best Places to Live in Sandoval County
#4 Best Places to Retire in New Mexico
#4 Best Suburbs to Live in New Mexico

With breathtaking views and a peaceful suburban vibe, Sandia Heights is a top New Mexico community of 3,337. Residents savor the ample parks, friendly neighbors, and stunning sunsets. As one happy resident exclaims, "We have now lived here 40 years and love it. I call it a little oasis a between Albuquerque and Rio Rancho. Much has changed over the years. The big cities have grown up to us, so we now are close to many more restaurants and stores. There people here are wonderful and many are very community minded."

Search Homes For Sale in Corrales

Placitas
#9 Best Places to Retire in New Mexico
#19 Best Suburbs to Live in New Mexico

Placitas, New Mexico, with its population of 4,696, is a charming town that makes for an appealing retirement destination. Residents are drawn to Placitas for its peaceful, small-town atmosphere and proximity to fantastic hiking trails, as well as its closeness to great amenities. Surrounded by stunning hills and mesas, Placitas offers breathtaking scenery.

Search Homes For Sale in Placitas

Are you thinking about spending your retirement years in beautiful Albuquerque? if so, make sure you rely on the experience of the Sandi Pressley Team to help find the perfect home to make your dream a reality.

HOT ALBUQUERQUE LISTING OF THE WEEK

12101 San Antonio Drive NE, Albuquerque, NM 87122

This is your opportunity to make this one your own creative vision. Enjoy country living while still having the convenience of 12 minutes to Downtown. NEW well, NEW 200 amp electrical box and wiring, In-phase 8Q Plus solar and alternate energy hookups battery and propane generator ready if needed. Backup reservoir tank and pump 2500 gallons in case of blackout and cloudy days with no electricity. With fruit trees and gardens, wrap-around sprinkler system, top 1/3 acre nature trail and views for days, this is incredible outdoor living. Inside features 4 BR on main, upper level and downstairs showcases a separate apartment or in-law unit with 2 bedrooms, bathroom and kitchenette. HUGE fireplace, Oversized living room and playroom PLUS Mini-Split System Cooling ready for hookup and included.
REQUEST MORE INFORMATION

Welcome to your oasis in the heart of North Albuquerque Acres! This custom Helmick home has been recently updated to become sheer perfection. Greeted with gorgeous Sandstone floors, the foyer opens to a great room with soaring custom chandelier and oversized kiva fireplace. Hand-carved vigas, beams w/ corbels, plaster walls, and high-end quartz counters are just some of the endless amenities in this Pueblo-style home. The chef's kitchen has been recently updated with quartz and new finishes. Enjoy the dual-pantries, oversized island and gas cooktop along with a double-oven. ALL bathrooms have been renovated, including the spa-like primary bath with GORGEOUS marble shower and soaking tub. Featuring 5 bedrooms, ALL downstairs, plus an exercise room, there is room for everyone.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

Improving Your Albuquerque Home's Exterior for a Faster Sale

by Sandi Pressley

Homeowners in Albuquerque who want to sell their house should focus on several key things to make their home more appealing to buyers. To help ensure the marketability of a home, it is important that the home has an appealing aesthetic appearance and is in good repair.

Staging a Home for Marketability

When it comes to a home's interior, most sellers already know that an attractive, well-staged house will sell faster than one that just meets basic expectations. Statistics confirm this: staged Albuquerue homes and those with exceptional interior and exterior care sell quicker than average houses. This underscores the value of home staging.

Staging a home's interior is the process of enhancing and polishing its appearance to resemble a stylish magazine layout. It typically involves creating an elegant atmosphere by removing personal belongings and clutter, replacing some furnishings, and decorating with accessories for a polished look.

When staging the exterior of a home, owners can enhance curb appeal without a major financial investment. Simple improvements like planting flowers, trimming bushes, and freshening up the paint often cost just a few hundred dollars and some sweat equity, but make the yard and house exterior look more beautiful and inviting.

Improving the Home’s Exterior for a Sale

Many homeowners focus on the interior when trying to sell their home, but buyers pay equal attention to the exterior. A home's curb appeal and exterior aesthetics create the all-important first impression for potential buyers. An attractive, well-maintained exterior signals that the homeowner has cared for the whole property, not just the decorating details inside, making it more appealing to purchase.

Many homeowners have created outdoor living spaces to enhance their yards, reflecting a popular home trend. With some general clean-up, simple landscaping, patio furniture, and designated areas for relaxation, a yard can become an appealing extension of the home's living space. Well-designed outdoor areas allow potential buyers to envision entertaining, dining, or simply unwinding in the comfort of the backyard.

Basic Exterior Improvements and Maintenance

When designing an appealing outdoor living space to attract home buyers, it's wise to implement high-quality pest control. Homeowners should schedule annual pest control service to prevent infestations that could deter potential buyers. An outdoor area visibly overrun by insects can discourage home sales.

In addition, clearing the yard of debris may be crucial to deter infestations. Most homebuyers avoid properties needing major repairs upon move-in. Maintaining the yard throughout the sales process is advised.

Improving the home's exterior aesthetics can be achieved through small upgrades like planting shrubs and mulching at the entryway, repairing walkways, and painting or replacing the front door if needed. While they may seem minor, these inexpensive curb appeal enhancements can significantly improve the overall look and first impression of the home.

The bottom line when it comes to selling a home in Albuquerque is that first impressions make all the difference. The Sandi Pressley Team has decades of experience when it comes to selling homes in Albuquqerque. We can help you make your home more appealing to Albuquerque home buyers. Contact us today!

HOT ALBUQUERQUE LISTING OF THE WEEK

1272 La Fonda Street, Bernalillo, NM 87004

This is your opportunity to make this one your own creative vision. Enjoy country living while still having the convenience of 12 minutes to Downtown. NEW well, NEW 200 amp electrical box and wiring, In-phase 8Q Plus solar and alternate energy hookups battery and propane generator ready if needed. Backup reservoir tank and pump 2500 gallons in case of blackout and cloudy days with no electricity. With fruit trees and gardens, wrap-around sprinkler system, top 1/3 acre nature trail and views for days, this is incredible outdoor living. Inside features 4 BR on main, upper level and downstairs showcases a separate apartment or in-law unit with 2 bedrooms, bathroom and kitchenette. HUGE fireplace, Oversized living room and playroom PLUS Mini-Split System Cooling ready for hookup and included.
REQUEST MORE INFORMATION

Awesome DR Horton 3BDR/3BA/2CG home with lots of living space featuring a huge great room, open kitchen & dining area with patio accessplus loft!! Covered porch! Tile Roof! Refrigerated Air! Large secondary bedrooms with walk-closets. Primary suite features a walk-in closet w/built-in shelving,dual sink vanity, separate shower & garden tub! Landscaped front yard, garden area in the backyard, ready to make your own outdoor living space! Greatlocation close to shopping, neighborhood parks, schools, Bosque trails & Rio Grande, and quick access to the Rail Runner in Bernalillo and to I-25 to Santa Fe!!

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

4 Reasons Why You Should Hire an Albuquerque Title Company

by Sandi Pressley

Purchasing or selling a home in Albuquerque is a major financial decision involving various parties and risks. To ensure the real estate transaction goes smoothly, hire an experienced title company. They can conduct title searches, resolve title issues, and provide insurance for extra protection. Your real estate agent can also help negotiate a fair price based on market research and property values. However, there are compelling reasons to use a title company when buying or selling a home. Their services include title searches to confirm ownership, resolving any property title problems, and offering insurance for added security during the transaction.

Title Search Assistance

Conducting a title search prior to home purchase can reveal liens or other encumbrances that could cost you money later. Title companies will disclose any liens, preventing unwelcome surprises down the road. It's not uncommon for old liens to surface on a title report, as sellers are often unaware of them. Performing due diligence with a title search helps home buyers avoid inherited debt that could have been avoided.

Title Insurance

Title insurance is an important part of real estate transactions. It can cover legal costs and damages if someone claims ownership of your home after closing. Fortunately, title companies can help resolve any issues with your policy to ensure all claims are covered. Both buyers and lenders benefit from title insurance because it protects against financial losses stemming from undiscovered title defects after the sale. Getting title insurance safeguards your investment with an extra layer of security.

Smooth Closing

To smoothly close a real estate deal, hire a professional title company. They can facilitate the closing process by coordinating all relevant parties - realtors, lenders, attorneys - organizing documentation, reducing delays, and expediting the closing.

Breach of Contract

As with any form of transaction, there are situations where breaches may occur in the initial contract. With this in mind, you should consult a real title company when buying or selling your home, as they can offer assistance with contracts when you initiate a property purchase. This contract will hold every party accountable for completing each transaction aspect. Any party that fails to adhere to the sections of a contract may be liable for possible litigation.

To close your real estate transactions with confidence, contact a reputable title company now. They can manage the entire process from start to finish, whether you are buying or selling a property.

HOT ALBUQUERQUE LISTING OF THE WEEK

1272 La Fonda Street, Bernalillo, NM 87004

This is your opportunity to make this one your own creative vision. Enjoy country living while still having the convenience of 12 minutes to Downtown. NEW well, NEW 200 amp electrical box and wiring, In-phase 8Q Plus solar and alternate energy hookups battery and propane generator ready if needed. Backup reservoir tank and pump 2500 gallons in case of blackout and cloudy days with no electricity. With fruit trees and gardens, wrap-around sprinkler system, top 1/3 acre nature trail and views for days, this is incredible outdoor living. Inside features 4 BR on main, upper level and downstairs showcases a separate apartment or in-law unit with 2 bedrooms, bathroom and kitchenette. HUGE fireplace, Oversized living room and playroom PLUS Mini-Split System Cooling ready for hookup and included.
REQUEST MORE INFORMATION

Awesome DR Horton 3BDR/3BA/2CG home with lots of living space featuring a huge great room, open kitchen & dining area with patio accessplus loft!! Covered porch! Tile Roof! Refrigerated Air! Large secondary bedrooms with walk-closets. Primary suite features a walk-in closet w/built-in shelving,dual sink vanity, separate shower & garden tub! Landscaped front yard, garden area in the backyard, ready to make your own outdoor living space! Greatlocation close to shopping, neighborhood parks, schools, Bosque trails & Rio Grande, and quick access to the Rail Runner in Bernalillo and to I-25 to Santa Fe!!

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

Can You Buy a Home in Albuquerque After Bankruptcy

by Sandi Pressley

Going through bankruptcy can be an emotionally difficult experience with lasting financial repercussions, including damage to your credit score and report. While bankruptcy eliminates or reduces debts, this relief comes at the cost of making it harder to obtain credit in the future.

Does that mean you can't buy a home after filing? No. Even though it's possible, buying a home in Albuquerque after bankruptcy will require careful planning, preparation, and patience.

How Long Until You Can Buy a Home?

One big question a lot of people have is how long after bankruptcy can they buy a home?

To get a mortgage, you must have discharged your bankruptcy. Discharging bankruptcy means a court has released you from legal responsibility for certain debts, preventing creditors from pursuing collection on the debts removed through the discharge.

A discharge of debts is one part of bankruptcy, but it does not signal the end of the bankruptcy process. However, lenders will want to see proof of discharge before approving you for a new home loan. Typically, a bankruptcy case is closed soon after the court grants the discharge.

What Does Your Credit Report Look Like?

After bankruptcy, monitor your credit report closely because filings may remain for up to 10 years. Despite misconceptions, you may qualify for a new mortgage before that time, so check your report for accuracy, especially regarding any discharged or repaid debts if you plan to apply.

After declaring bankruptcy, focus on rebuilding your credit by ensuring there is no outdated or inaccurate information on your credit report. To qualify for a mortgage after bankruptcy, you must demonstrate to lenders that you are financially prepared and not too much of a risk.

After your bankruptcy, your available credit will likely be limited. Begin rebuilding your credit by using a secured credit card or small installment loan. Make sure to make your monthly payments on time and in full.

The length of time a bankruptcy remains on your credit report depends on the chapter you file. A Chapter 7 bankruptcy typically stays on your credit report for up to 10 years after filing. A Chapter 13 bankruptcy, which involves a court-approved repayment plan, usually drops off your credit report after 7 years. Although a bankruptcy may still appear on your credit report, its impact diminishes over time as you rebuild your credit by making on-time payments and keeping credit balances low.

How Long Should You Wait?

After filing for bankruptcy, waiting at least two years before applying for a mortgage allows time to significantly rebuild your credit. With improved credit, you become more likely to qualify for a mortgage and secure better terms. Even a small reduction in your interest rate can substantially lower your monthly payments and total loan costs.

Government-Backed Loans

If you have declared bankruptcy in the past or have limited funds for a down payment, FHA or VA loans may be options to consider.

The FHA does not directly issue loans but provides insurance for loans made by private lenders to first-time homebuyers and buyers with lower credit scores, thereby reducing the lenders' risk.

There is a waiting period before the FHA will consider you for a mortgage after bankruptcy. Specifically, the FHA requires a 2-year waiting period after a Chapter 7 discharge, and a 1-year waiting period after a Chapter 13 discharge, provided you made your bankruptcy payments on time. If you want to buy a home while still in Chapter 13 bankruptcy, you'll need permission from the court to take on the new mortgage debt.

The Department of Veteran’s Affairs backs VA loans, which are available to certain veterans, service members, and some spouses. However, VA loans require a two-year waiting period after a Chapter 7 bankruptcy discharge, and borrowers must meet minimum credit score requirements.

In contrast, those considering a conventional loan may need to wait 24 to 48 months after a Chapter 7 discharge before qualifying. For a Chapter 13 bankruptcy, most lenders require a 24-month waiting period following discharge.

HOT ALBUQUERQUE LISTING OF THE WEEK

2904 El Tesoro Escondido NW, Albuquerque, NM 87120

LUXURIOUS yet AFFORDABLE home on the golf course with amazing mountain views! This is a true GEM! Enjoy stunning morning sunrises while you peacefully watch the geese & cranes soar above. Light & bright with high ceilings & clerestory windows. Too many upgrades to list: NEW: HVAC, stucco, windows, cordless lift blinds with remote controls, LVP flooring, electrical rewire with 200 volt service & a completely REMODELED KITCHEN with custom-made cabinets, butcher block counters, & new appliances! Marble counters & a modern vanity in the primary bath, solid granite counter and tub in spare bath. Two big bedrooms & a bonus/office/workout room. Wrought iron courtyard security door with ring doorbell. W/D included! Great location with easy access to I-40; lots of conveniences and shopping nearby.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

Why Should You Work With the Sandi Pressley Team?

by Sandi Pressley

If you're looking to buy or sell a home in Albuquerque, there are clearly many options when it comes to who you work with. But when you take even a brief look at what The Sandi Pressley Team has to offer, the choice becomes clear.

Sandi Pressley has been the top Albuquerque Real Estate Agent at Coldwell Banker for 37 consecutive years. With over 44 years of experience, Sandi has assisted over 12,782 families in buying and selling homes in New Mexico!

But what do her clients have to say? Quite a lot! Sandi and her team have had hundreds of positive reviews over the years, and they just keep coming. Here are a few recent comments.

"Tori guided me through the process of purchasing my first home. She was always available to answer questions and view homes. She negotiated a deal on my current home, beating out the competition. She is an excellent communicator and provided much needed knowledge of the Santa Fe housing market. Highly recommend working with Tori!" - 12/2/2023 - Elyse Grant

"Tori was fantastic when assisting us in the house hunt and purchasing of our very first home. Our schedule was not easy to work with, yet Tori always made the time for us and every meeting with her she made us feel so important. Tori is a true expert in her field as well as the geographical location in which she works. We ended up finding out dream home and I am still flabbergasted to be sitting in this beautiful space right now as I write this review. Tori was a ray of sunshine during a stressful time for our family and we cannot thank her enough for her positive energy and professionalism." - 10/18/2023 - AmandaBillington

"I wanted to work with a top agent, and that was exactly what I got! The Sandi Pressley team was absolutely amazing. I have had many previous transactions with other agents and I’ve never had such a good experience before. When complications arose with the buyer, Sandi expertly fought for my best interest and negotiated a successful resolution. As a residential loan officer, I work with a lot of agents in the real estate industry and have processed 100s of transactions over my 20+ year career and I’ve never worked with such a well organized, professional and smooth running team that absolutely gives 100% effort to customer satisfaction. I would highly recommend Sandi Pressley and her team to any buyer or seller wanting to have a phenomenal experience." - 7/6/2023 - Vanessa A2023

"Sandi Pressley is not only NM's Real Estate Genius, but # 1 in many other ways as well. She is hugely successful due to multiple gifts, personal and professional acumen. She has incredible Joy, Exuberance, and Sparkle, she is happy and positive from beginning to end---even beyond closing! She has encyclopedic knowledge and memory of the plethora of real estate laws, regulations,, twists, and turns--which, when coupled with her instant recall, analysis, and pro-active swift decision-making skills--these place her in rarified company. She is thoughtful, a generous Philanthropist, a person of impeccable character and standards. Another sterling quality is the sincere high priority she has for her clients, she places their benefit as hers to guide, defend, and protect. This she gives freely and lovingly--behind professional acuity. We were and are fortunate, blessed, and grateful for Sandi Pressley's superb skills as she sold our real estate. She sold one above price another at full price--and best of all: BEFORE noon on the very first day they were on the market in a difficult-to sell-location She and her high quality team are remarkable in every way. Highest possible ratings!!!" - 3/23/2023 - floydvszqz

Want to read more about what The Sanid Pressley Team have done for thier happy clients over the years? Check out more reviews on our website. And then pick up the phone and give us a call at 505-263-2173. We can't wait to make you our next success story!

HOT ALBUQUERQUE LISTING OF THE WEEK

2904 El Tesoro Escondido NW, Albuquerque, NM 87120

LUXURIOUS yet AFFORDABLE home on the golf course with amazing mountain views! This is a true GEM! Enjoy stunning morning sunrises while you peacefully watch the geese & cranes soar above. Light & bright with high ceilings & clerestory windows. Too many upgrades to list: NEW: HVAC, stucco, windows, cordless lift blinds with remote controls, LVP flooring, electrical rewire with 200 volt service & a completely REMODELED KITCHEN with custom-made cabinets, butcher block counters, & new appliances! Marble counters & a modern vanity in the primary bath, solid granite counter and tub in spare bath. Two big bedrooms & a bonus/office/workout room. Wrought iron courtyard security door with ring doorbell. W/D included! Great location with easy access to I-40; lots of conveniences and shopping nearby.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team!

Our Latest HOT Albuquerque Homes for Sale!

by Sandi Pressley

Just listed! Whether you're looking for the ideal first home in Albuquerque, or you want to upgrade to a larger home, these listings have everything you're looking for! Both offer amazing views and great locations, along with tons of features.

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

2316 Agua Fria Drive NE, Rio Rancho, NM 87144
Welcome to this wonderful home in the Sundoro South community. Big open floor plan, vaulted ceilings, three way fireplace. Kitchen offers stainless appliances, eat in bar, ample cabinets and countertops for food prep. Kitchen flows nicely into the dining room and great room. Through the sliding doors, find yourself in the best backyard party ever! Covered patio, plus the built-in BBQ grill, two smokers and a disc cooker. Great place to enjoy our NM weather. Back inside, Split primary suite, separate shower, garden tub, dual vanities and walk in closet. 2 more good sized bedrooms that share a bathroom. There is an additional flex space that could be used as an office, hobby room or home school. Beautiful Park just down the street, easy access to I-40.

Discover the perfect place to call home! You will be immediately greeted by the Sandia Mountains with picturesque views out of the office, living, kitchen, dining room and primary bdrm. This home has unobstructed views, an attached studio Casita equipped with: a full kitchen, 3/4 bath and ample closet space, perfect for a mother-in-law, Airbnb or rental and has a private entrance. The main home has 3 bd, 4 baths. 1 office is fully furnished with a custom wrap-around desk and a separate wine room or 2nd office. In 2014 the home was fully renovated; new roof, stucco, HVAC and the added sf of the casita. This home also has PAID SOLAR! There is a huge rooftop patio with gorgeous views, great for entertaining!!

Learn More!


2904 El Tesoro Escondido NW, Albuquerque, NM 87120

LUXURIOUS yet AFFORDABLE home on the golf course with amazing mountain views! This is a true GEM! Enjoy stunning morning sunrises while you peacefully watch the geese & cranes soar above. Light & bright with high ceilings & clerestory windows. Too many upgrades to list: NEW: HVAC, stucco, windows, cordless lift blinds with remote controls, LVP flooring, electrical rewire with 200 volt service & a completely REMODELED KITCHEN with custom-made cabinets, butcher block counters, & new appliances! Marble counters & a modern vanity in the primary bath, solid granite counter and tub in spare bath. Two big bedrooms & a bonus/office/workout room. Wrought iron courtyard security door with ring doorbell. W/D included! Great location with easy access to I-40; lots of conveniences and shopping nearby.

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

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Photo of The Sandi Pressley Team Real Estate
The Sandi Pressley Team
Coldwell Banker Legacy
10400 Academy Rd. NE Suite 100
Albuquerque NM 87111
505-980-2999
505-263-2173 / 505 293-3700
Fax: 505-212-0729

Quick links to this site are also SandiSells.net or SandiSellsHomes.com