Real Estate Information

Would you like some assistance in buying a house in the rural areas around Albuquerque? One of the least-known programs of the USDA is its mortgage program.

There is a mortgage assistance program available to eligible buyers in rural areas, which could apply to areas around Albuquerque. A USDA loan is issued through the USDA Rural Development Guaranteed Housing Loan Program by the U.S. Department of Agriculture.

The loan program is intended to improve quality of life and economic conditions in rural areas. Rates are relatively low, and no down payment is required. Other USDA programs are also available.

How Does a USDA Home Loan Work?

USDA offers three different loan programs, though loan guarantees are the most common.

A USDA-backed mortgage is backed by a local lender that participates in the program, similar to a VA-backed loan. If you put down little or no money down on a mortgage, you can still get a low interest rate, but you will still have to pay mortgage insurance.

The second program is a direct loan from the USDA. The mortgage can be obtained by low- and very-low-income applicants, and the interest rate can be as low as 1% with subsidies.

Loans and grants that provide homeowners with outright cash to make repairs or upgrades to their homes are called home improvement loans and grants. There are also packages that combine a grant and a loan.

Do You Qualify?

A home loan guarantee has income limits which vary by location. Your household size is also taken into account. USDA-backed loans can only be used for owner-occupied primary residences.

You must be a U.S. citizen or permanent resident, and your monthly payment must be 29% or less of your income. Your payments must include interest, taxes, and insurance. The total of your monthly debt payments cannot exceed 41% of your income, but USDA may allow a higher ratio if your credit score is above 680.

In order to qualify, you need to demonstrate dependable income for at least 24 months, and you need a good credit history. No accounts can have been in collections within the past 12 months.

You will receive streamlined loan processing if your credit score is at least 640. Borrowers with a score below that will face tougher underwriting standards.

If you want a USDA loan, you must demonstrate that you have a great need for housing. It means that you do not have what's characterized as a safe or sane dwelling. Traditional lenders won't offer you a loan, and you might have an adjusted income that's at or below the local low-income limit.

Direct USDA loans are usually issued for properties measuring 2,000 square feet or less, with market values below the loan limit in the area.

USDA loans can only be used to finance homes in rural areas or at the edge of suburbs. You can find out if a home qualifies for USDA funding by going online. All you have to do is enter the address of the home.

In order for you to qualify for USDA loans, your adjusted gross income cannot exceed 115% of the median income where you live.

A USDA loan, like a conventional loan, requires an appraisal before it can be approved, but the purpose of each appraisal is different.

When it comes to conventional loans, lenders want to make sure they aren't giving a loan greater than the property's value. An appraisal for a USDA loan not only ensures the value of the home is appropriate for the loan amount, but also makes sure it complies with USDA requirements. To qualify, the house must be in good livable condition. It must, for instance, have a functional heating system.

There is help for those in rural areas to buy a home in the Albuquerque area. Check out this option and feel free to contact Sandi Pressley and her team to find a home that qualifies.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

4501 ATHERTON Way NW, Albuquerque, NM 87120

Exquisite custom Tuscan home-in the gated community of Oxbow North. Impeccable hand crafted cabinetry throughout, travertine tile with inlay, gourmet kitchen with Wolf Appliances and Sub-Zero Refrigerator. Commercial grade radiant heating system (plus central forced air).Two master suites, 3 custom fireplaces, tiled balcony with breathtaking views of the city and mountains. Surround sound in great room and loft area, 4 car tandem garage..and so much more. Enjoy your next memorable 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.

Most of us have probably spent more time in our homes in Albuqerque over the past couple of years than we have in the past 10 combined. Maybe more. If that's the case with you, you're probably getting a bit tired of your surroundings. Maybe your home is in a rut, with an ugly living room, a cluttered kitchen, or just outdated everything. It may be so bad that you want to move.

But before you throw in the towel on your haggard home, why not take a second look at your abode and think about making some easy changes that will bring the love back. And when you're done making things more appealing, if you're still not satisfied, you're home will be more ready to sell to Albuquerque home buyers.

Here are 9 easy ways to make you love your home again.

1. Rearrange your furniture.

This is an easy one, but has a big impact. Maybe you can use a home deisgn app to help you before you lug your furniture around. Sometimes, all a tired living room needs is a little refresher, and that can often be achieved without spending a dime. Check out HGTV for some tips.

2. Clear up the clutter.

Clutter is so easy to let get out of control, and it can make a huge difference in how you feel about your home and life. Organizing can help to bring order to your space and your mind, reducing messes and stresses.

3. Get a new TV.

If you still have an old tube TV because you thought flat screens were too expensive, your day has arrived. If you haven't been shopping for flat screen TVs lately, you'll be surprised by how inexpensive they are now. You can get a larg screen for only a few hundred dollars these days. Do a little comparison shopping and you'll be watching HI-Definition movies and TV in no time.

4. Pick one room to overhaul per quarter.

Pick one room every few months to overhaul. Schedule a weekend scrubbing, swapping out linens, painting, changing light bulbs or whatever else is needed for an easy and cheap update. By the end of a year, you're whole home will be overhauled.

5. Use your spare change.

Change out your throw rug, window coverings, or accessories. Designating a special spot to collect leftover coins at the end of the day will give your family purpose, and before you know it you'll have a "Freshen Up Fund."

6. Change out your wall art.

Do you have a decent printer? Why not change out your wall art with some new masterpeices. With a computer and a printer, the options are limitless.

7. Clean it up.

Organize the gang on a Saturday morning to clean the baseboards, light fixtures, and ceiling fans. Sprucing up these often-dusty and grimy areas can really freshen up a space. 

8. Take care of little issues that you've been ignoring.

Fix little issues like toilet paper holders that have come out of the wall and crooked pictures that raise your ire every time you walk by them. Take a good look at your whole house and make a list of the things you've been overlooking.

9. Paint your old kitchen cabinets.

Painting your kitchen cabinets may be a lot of work. But you won't regret it when you're done. And you may just love your kitchen so much again you'll choose to fix up some other stuff.

It doesn't take a fortune or an army of contractors to make your home feel new again. 

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

12 DUSTIN Court, Placitas, NM 87043

High atop in Placitas with magnificent sunrise & sunset views of mountains & mesas!! Lots of natural light, wood beam ceilings, open plan, 3 living areas, sep study/office plus In-law/guest suite! REFRIG AIR! Living room features cozy Kiva fireplace & wall of windows w/mtn views! Formal dining room &butler pantry. Beautiful kitchen has SW style cabinets, island, built-in oven, gas cooktop, bkfst bar & nook w/banco. Private master suite features a sitting room/office, fireplace, sep shower, huge walk-in closet & covered patio with views! Secondary bdrs w/Jack-N-Jill bath! Lower level walk-out living room/game room/media room! 3CG. paved driveway & cul-de-sac location. Natural landscape, 2 waterfalls, covered portals & private courtyard to enjoy the beauty and nature of Placitas!

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.

Whether you plan to buy a home soon in Albuquerque or have lived here for a while, there's always something fascinating to discover here. The rich history of Albuquerue is matched only by it's stunning beauty. If you're looking for ways to discover more about this amazing area, check out these fun and exciting things to do in Albuquerque!

The National Museum of Nuclear Science & History

601 Eubank Blvd. S.E., Albuquerque, NM 87123

The National Museum of Nuclear Science & History is an intriguing place to learn the story of the Atomic Age, from early development and the Cold War to today's peaceful uses. The permanent displays and changing special exhibits present history, science applications, and future developments of nuclear energy. Adults and children alike will be fascinated by this important part of New Mexico's history. 

The Stables at Tamaya

1300 Tuyuna Trl., Santa Ana Pueblo, NM 87004

The Stables at Tamaya, located at the beautiful Hyatt Regency Tamaya Resort & Spa, offer a unique and fun way to experience the Pueblo backcountry on a horse that's been rescued by the Tamaya Horse Rehabilitation Program. Our experienced trail guides can tailor an incredible trail ride that is sure to please every member of your family or group. Enjoy a peaceful journey on horseback through the cottonwood trees that line the Rio Grande and Jemez Rivers, or meander along mesa trails with views of ancient petroglyphs.

Ghost Tours of Old Town Albuquerque

They know the sights, sounds, flavors, people, shops, products, places, photo opportunities & all the unique things that give visitors the complete “Old Town Experience”. Whether visiting for a few hours or for several days, you won't miss a thing! Both History Tours & GHOST Tours are scenic, historic, romantic, & filled with local culture & flavors.

Above and Beyond Affordable Balloon Rides

Your Hot Air Balloon specialists, Above & Beyond offers hot air balloon rides over the Rio Grande River in beautiful Albuquerque, New Mexico. Balloon rides are year-round weather permitting. They specialize in groups both large and small, ranging from weddings & anniversaries to conventions & tourist groups. 

ABQ BioPark

903 10th St. S.W., Albuquerque, NM 87102

The ABQ BioPark is a unique environmental museum comprising four facilities.

Zoo, Aquarium, Botanic Garden and Tingley Beach (fishing lakes). Their mission is to Discover Nature, Inspire Action. Vision: Leading innovative collaboration in connecting, people, plants and animals. The ABQ BioPark is a division of the City of Albuquerque's Cultural Services Department.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

12 DUSTIN Court, Placitas, NM 87043

High atop in Placitas with magnificent sunrise & sunset views of mountains & mesas!! Lots of natural light, wood beam ceilings, open plan, 3 living areas, sep study/office plus In-law/guest suite! REFRIG AIR! Living room features cozy Kiva fireplace & wall of windows w/mtn views! Formal dining room &butler pantry. Beautiful kitchen has SW style cabinets, island, built-in oven, gas cooktop, bkfst bar & nook w/banco. Private master suite features a sitting room/office, fireplace, sep shower, huge walk-in closet & covered patio with views! Secondary bdrs w/Jack-N-Jill bath! Lower level walk-out living room/game room/media room! 3CG. paved driveway & cul-de-sac location. Natural landscape, 2 waterfalls, covered portals & private courtyard to enjoy the beauty and nature of Placitas!

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.

Considering selling your Albuquerque home in the near future? Due to the hot market, most homes are selling quickly. Even so, your home needs to look amazing to get the best price.

Making improvements to the exterior of your home is one effective way to achieve this. Here are some top tips to get the outside of your home in great shape.

Paint the House

Selling a house can be made easier with a great paint job. Potential buyers tend to avoid houses with old or outdated paint. These days it is more important than ever to make a good first impression. When potential buyers aren't impressed with the outside appearance of your home, they'll be less likely to view it.

If you have recently painted your home, you might want to consider updating the trim to give it a fresh, new look without having to complete a complete painting project.

Clean It

Good old soap and water and a long-handled, soft bristle brush is a good way to remove dirt and grime from your siding. Try spraying it off first, then scrub it if needed with a solution of 1/2 cup trisodium phosphate—TSP, (available at grocery stores, hardware stores, and home improvement centers) dissolved in 1 gallon of water.

Power Wash

Use a power washer if TSP doesn't remove the dirt. During your power washing, you might as well clean your walkways and driveway as well.

Front Door

It can make a huge difference to freshen up your front door. The process can be as simple as a good scrubbing, or as complex as a complete painting. A new door will be a great investment if the whole thing needs to be replaced.

Check Eaves and Downspouts

Cobwebs, wasps nests, and grime love these areas.

Stain the Fence

Have you noticed that your wooden fence is looking weathered? If you really want to kill some time, you can stain it yourself. For a more professional look, you may want to rent or buy a sprayer.

Wash the Windows

Do some work on those windows with those restless teenagers of yours. Even if you don't have teenagers, this is a wonderful way to get fit. Cleaning is most effective when you use dishwashing liquid and a squeegee.

Landscaping

The appearance of your home's exterior is largely influenced by your lawn. Even though you might spend a lot of time and effort on the house itself, you might lose all the effect if the lawn is unkempt. Taking care of your lawn starts with regularly mowing it. To give your lawn an extra boost, you can plant flowers, weed, and edge it. You should give your bushes and hedges a good haircut. (People appreciate nice haircuts these days.)

During this pandemic, your home is an investment that protects you. Even if you don't intend to sell your Albuquerque property, giving it some attention and love can be a very worthwhile investment.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

4501 ATHERTON Way NW, Albuquerque, NM 87120

Exquisite custom Tuscan home-in the gated community of Oxbow North. Impeccable hand crafted cabinetry throughout, travertine tile with inlay, gourmet kitchen with Wolf Appliances and Sub-Zero Refrigerator. Commercial grade radiant heating system (plus central forced air).Two master suites, 3 custom fireplaces, tiled balcony with breathtaking views of the city and mountains. Surround sound in great room and loft area, 4 car tandem garage..and so much more. Enjoy your next memorable 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.

Many of us in Albuquerque are concerned about sustainability and being as eco-friendly as possible. Making your life more sustainable doesn't have to be expensive, and this includes your home decor.

Listed below are simple, practical ways you can achieve a more sustainable and often healthier lifestyle through your interior design.

Material Selection

It is possible to design a more sustainable home by choosing the right flooring, furniture, rugs, and other key items.

Reclaimed wood, for example, can be used to make flooring and furniture. Reclaimed wood is a great way to repurpose and recycle old materials.

Unlike traditional wood, bamboo is a more environmentally friendly material that can be used in home design. A fast-growing plant, it doesn't require a lot of fertilizers or pesticides, and it grows without a lot of help from us.

Flooring is increasingly being made from cork, a sustainable material that is made to look and feel like hardwood.

Textiles and upholstery made from natural materials such as jute are environmentally friendly. Strong and renewable, jute grows quickly.

Healthy Paints

Choose paints or varnishes that contain low levels of volatile organic compounds when you're painting or varnishing. As volatile organic compounds evaporate at room temperature, they produce poisonous gases that harm your health and pollute the environment.

Consider products that say they're low VOC or non-toxic when choosing paints and finishes. Water-based paints and milk paint are also sustainable solutions.

Change Your Light Bulbs

Changing your light bulbs is one of the easiest and fastest ways to make your home more eco-friendly. Consider replacing your old incandescent bulbs with LEDs that use seventy five percent less energy. Aside from that, they also last longer.

You can typically still keep your original lighting source and get the benefits of the new bulbs, so it’s not a major project.

Buy Vintage

We all tend to like finding a good deal on cheap, new furniture, but there are some advantages to shopping for vintage or antique options. First, it’s fun to find treasures, and you may actually save money over the cost of new items.

Old furniture tends to be well-made and stand the test of time, and you’re giving these items new life.

Choose a Color Scheme

Depending on the colors you choose for your décor you can have a positive or negative environmental impact.

You can gain more light in your home by using light colors. You will need less artificial lighting if you use lighter colors instead of darker ones.

If you choose lighter colors for your home, you will be able to use less energy to keep a comfortable temperature.

Treatments for Windows

Controlling heating and lighting is possible with window coverings.

Your windows lose the majority of your heat, and you might not have the money in your budget to upgrade your windows just yet, so window coverings can help. Depending on the weather, you can open or close your window coverings to keep the cold air and sunlight out.

Automate Your Home

Home automation systems like Nest allow you to control lighting and heating remotely, creating a more efficient home.

Using Plants

There are many benefits to having greenery in your home. You will feel happier and more productive if you surround yourself with greenery. Your immune system can benefit from them, and they're good for the environment since they provide oxygen while filtering out harmful chemicals.

Sustainable design should aim to provide a healthy environment for your family and to reduce your dependence on non-renewable resources, as well as reduce your energy consumption. It's not necessary to achieve all of these at once. Beginning with your home, you can begin taking small steps toward a more sustainable future.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

4501 ATHERTON Way NW, Albuquerque, NM 87120

Exquisite custom Tuscan home-in the gated community of Oxbow North. Impeccable hand crafted cabinetry throughout, travertine tile with inlay, gourmet kitchen with Wolf Appliances and Sub-Zero Refrigerator. Commercial grade radiant heating system (plus central forced air).Two master suites, 3 custom fireplaces, tiled balcony with breathtaking views of the city and mountains. Surround sound in great room and loft area, 4 car tandem garage..and so much more. Enjoy your next memorable 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.

Are you unemployed and thinking about buying a home in Albuquerque? You might think it's an impossible feat. But it might be possible to still qualify for a mortgage if you have other forms of income.

In short, you can't use your unemployment benefits to get a mortgage, but there may be other options to help you buy a home in Albuquerque.

What Forms of Income Count?

There are numerous types of income you can use if you are trying to get a mortgage. If you have dividends from investments or Social Security income, these can be included as income for mortgage purposes.

Another option is to have a co-signer.

Mortgage lenders do not consider unemployment income because it's a short-term source of income. Therefore, it isn't qualified income. Getting a mortgage while you are unemployed requires that at least one of the applicants has financial documentation.

In most cases, lenders require a stable income for at least two years. Lenders must also prove that income will continue for at least three years into the future. A lender cannot verify your future earnings if you're recently unemployed.

What Happens If You Return to Work?

Once you return to work after being on unemployment, you may not have to show a two-year job history to a lender. Depending on certain factors, reapplying for a mortgage might not even be necessary.

The factors can include, for example, whether or not you have income from other sources, how you handled your finances while unemployed, or the size of your down payment.

In the event that you have not yet started your new job, but you have an offer letter for employment, you may be able to qualify for a mortgage. The letter may need to verify that you'll be employed within 90 days of getting the mortgage, and it should also show your income.

Applying with a Co-Signer

A co-borrower will make it easier for you to get a mortgage following an unemployment period. When making an assessment, a lender will consider the income, debt-to-income ratio, and credit score of the other borrower.

Your co-borrower will need to have a good credit rating and a steady, verifiable income.

What is Considered Income?

Regular income payments made to you are counted by most lenders when determining whether you qualify for a mortgage.

This can include, for instance, income from a traditional job as well as many types of government benefits, self-employment, child support, and alimony. You can include income from rental properties if you own them. Payments you receive as a freelancer also count.

Lenders consider retirement and disability benefits to be income. Dividends, capital gains, and interest income can sometimes be considered.

Among the things that do not count as income are income that's not listed on tax returns, illegal income and projected income. If a lender is unable to verify your income, it won't be accepted, and capital withdrawals can't be used.

As a whole, you cannot use unemployment income to get a mortgage, but there are other options, such as finding a co-signer or co-borrower, or using other forms of income.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

4501 ATHERTON Way NW, Albuquerque, NM 87120

Exquisite custom Tuscan home-in the gated community of Oxbow North. Impeccable hand crafted cabinetry throughout, travertine tile with inlay, gourmet kitchen with Wolf Appliances and Sub-Zero Refrigerator. Commercial grade radiant heating system (plus central forced air).Two master suites, 3 custom fireplaces, tiled balcony with breathtaking views of the city and mountains. Surround sound in great room and loft area, 4 car tandem garage..and so much more. Enjoy your next memorable 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.

When it comes to buying a house, Albuquerque first-time homebuyers have a serious problem. Despite an easing in acceleration, home prices continue to rise at record levels.

This trend is likely to continue for several reasons. Motivated buyers are plentiful, housing supply is limited, and mortgage rates are low. Prices for almost everything, including homes, are rising due to inflation. In a low-interest rate environment, buyers can buy more than they would ordinarily be able to, and this can result in heated bidding wars.

Additionally, sellers are staying put since they don't want to jump into a highly competitive buying market, further limiting the supply of available homes.

It's hard for homebuilders to get the materials they need, and if they do, labor is in short supply.

What are the implications of this for first-time buyers or anyone buying a house in Albuquerque?

Priced Out: What Does It Mean?

When you're priced out of the housing market, you cannot afford even a starter home. First-time buyers are often priced out for a variety of reasons, many of which are currently converging.

Your hard-earned down payment isn't going as far as you planned if you are trying to buy a house right now. You may not be able to pay for a house even if you save 20% of what you were planning to pay.

What are your options?

Although it may seem logical to keep renting, rent prices are increasing due to inflation and wages aren't keeping up, so renting isn't always the best option.

Although none of your options might be perfect, when you're priced out, your choices are limited.

Save More

Depending on where you live, you might have to keep renting and add to your savings if the market isn't currently affordable. At the same time, this allows you to wait a little longer until the market improves. If you want to re-enter the market successfully, you may have to be patient since it could take a couple of years.

It's better to think about your monthly expenses instead of the sales price when you're considering what you can afford.

If you want to wait out the market and put more money aside, don't just put it in your regular savings account. Some of your savings may need to go into riskier but higher-earning options, such as stocks.

Be Flexible

Changing your expectations is another option you have when you're priced out of the market. In the current market, limited inventory and other factors may make you give up some of your wish list items, or even more than a few.

Perhaps you'll end up buying a fixer-upper that fits your budget. The key to being a first-time buyer in today's market is to be humble.

Geographically broaden your home search

Likewise, you may have to give up some of your wish list as far as home features, and you may also need to broaden your geographic search. Prices for homes can differ considerably from one neighborhood to the next or from one suburb to the next. Have you considered buying a home in surrounding Albuquerque communities such as Rio Rancho, Placitas, Corrales, Bernalillo, or Sandia Heights, just to name a few?

Choosing the Right Real Estate Agent

Finally, as a first-time buyer, you will have a hard time navigating the current market without the help of a great real estate agent. Despite your ability to find an affordable home, you may face stiff competition.

Having a real estate professional who knows about properties before they hit the market will give you an advantage. As well as helping you understand your local market, they can help you adjust your expectations.

You can cut some of the stress out of the buying process by hiring a real estate pro to negotiate on your behalf. Contact Sandi Pressley and her team today to see how they can use their years of experience buying homes in Albuquerque to help you realize your home owning goals.

HOT ALBUQUERQUE PROPERTY OF THE WEEK!

4501 ATHERTON Way NW, Albuquerque, NM 87120

Exquisite custom Tuscan home-in the gated community of Oxbow North. Impeccable hand crafted cabinetry throughout, travertine tile with inlay, gourmet kitchen with Wolf Appliances and Sub-Zero Refrigerator. Commercial grade radiant heating system (plus central forced air).Two master suites, 3 custom fireplaces, tiled balcony with breathtaking views of the city and mountains. Surround sound in great room and loft area, 4 car tandem garage..and so much more. Enjoy your next memorable 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.

Homes are selling fast in Albuquerque, so we're excited to bring you these latest HOT listings! But there's no time to waste, so make sure you arrange to see these fabulous homes in person.

Feel free to contact Sandi Pressley and her team at 505-263-2173 to get more information and schedule a viewing of these fine homes. You can also check out all of our listings on our Featured Listings page.

6320 BOBCAT HILL Place NE, Albuquerque, NM 87111

Highly sought after gated community in High Desert. situated on a PREMIUM VIEW LOT! Plus, take in the mountain views from the Wall of Windows in the great room, featuring soaring ceilings, a beautiful fireplace with built-in's and adjoining dining room. Owner's suite is on main level. Bright, sunny eat in Kitchen with breakfast nook, granite counter tops and Stainless Steel appliances. Spacious loft/office plus two bright and light bedrooms upstairs plus full bath. Loft could be a 4th bedroom if you enclosed it. New TPO roof in 2020; new hot water heater-60 gallon tank in 2018; new furnace & refrigerated air 2018 with high ratings for its efficiency; new carpet 2019; and so much more! View decks/balconies to take in the breathtaking city & sunset views! Near amazing hiking and biking trail

Learn More!

8535 OLD COTTONWOOD Avenue SW, Albuquerque, NM 87121

ACROSS FROM THE PARK!! 4BDR/3BA/2CG featuring 3 living areas; family room, living room and loft/rec area! Beautifully updated with tile flooring & tile surround at gas fireplace, interior paint, SOLAR system! Light, bright floor plan features an open kitchen with island, bkfst bar, gas stove, built-in micro, pantry, sunny bkfst nook open to the large living room with gas fireplace! Master suite features a walk-in closet, sep shower & garden tub. Huge loft can be used as rec room/playroom/office! Sep utility room! Beautiful backyard has open patio, easy care rock landscape and is walled for privacy. Great location across from the park, close to shopping restaurants and easy access to I-40!

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.

If you’ve been in the market to buy a home in Albuquerque, you’ve no doubt come across the concept of cash buying. Usually, it’s a tactic meant to sweeten the deal. But there are, as always, pros and cons of buying a home with cash.

It’s Less Common

Not as many home buyers are buying with cash these days. It’s just not as possible for most people with median home prices at around $300,000. According to the National Association of Realtors, around 87% of home buyers used financing when purchasing a home.

Buying with cash doesn’t mean you’re showing up to the closing with a briefcase full of cash. It just means you’re not using financing. You might pay for the home with savings, selling another property, or investments.

The Pros of Paying Cash

Paying with cash has some great benefits, such as:

• With stiff competition in the home buying market in Albuquerque, you’ll be more attractive to sellers. When it comes down to bidding wars, the cash offer will give you an edge over other buyers. Financing can fall through and delay the sale. Cash transactions usually close faster.
• You don’t have to deal with mortgage payments and the added cost of interest.
• Lower closing costs because you don’t have to pay lender and loan originating fees.
• Faster closing.
• The home is yours. You won’t fear losing it if you can’t make the mortgage payments.

The Downsides of Paying Cash

There are a few cons of paying cash for a home that you do have to think about as well.

• If you use all your money to buy the home, you won’t have access to it later if needed.
• There may be better ways to invest your money than to put it all in a home.
• You won’t be able to claim mortgage tax deductions, which allow you to deduct the interest on the first $750,000 of your mortgage.

If you’re still wondering if buying a home with cash is a good idea for your situation, talk to a financial professional. They can go over your finances to help you decide what the best course of action is. And of course, we can also help you weigh the pros and cons as well to fit your specific real estate needs.

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Exquisite custom Tuscan home-in the gated community of Oxbow North. Impeccable hand crafted cabinetry throughout, travertine tile with inlay, gourmet kitchen with Wolf Appliances and Sub-Zero Refrigerator. Commercial grade radiant heating system (plus central forced air).Two master suites, 3 custom fireplaces, tiled balcony with breathtaking views of the city and mountains. Surround sound in great room and loft area, 4 car tandem garage..and so much more. Enjoy your next memorable 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.

During the current Coronavirus outbreak, one of the only islands you're likely to see is the island in your Albuquerque kitchen, so why not make that island great?

You might be dreaming of having a kitchen island that is spacious and functional. Therefore, if you're planning to design an island or just playing around with the idea in your mind, the following tips can be of use.

Which Appliances Should Be in Your Island?

It's probably a good idea to put at least a few of the more functional items in your kitchen island. Besides saving space, it also makes things easier as you design the rest of the kitchen. 

A sink on the island is probably a good place to start. While it isn't exactly an appliance, you certainly use it all the time when you're in the kitchen. Your island should have a sink if you plan to prepare a lot of food there. 

Having your sink next to your dishwasher is a good idea, so you might want to include your dishwasher in your island. An island should have a wine or beverage cooler as well as a microwave. Pull-out refrigerator drawers are also available on some islands. 

It's possible to add your cooktop to your island, but you'll need to consider venting, so some people prefer not to do that.

How Much Storage Do You Want?

Once you know what appliances will go in your island, you can start thinking about storage. You should at least have a few pull-out drawers in an island that will be used for food preparation, as well as a place to store cutting boards.

Counter Height

Consider who will sit at the counter and how they will sit when deciding the counter height. If you intend to have barstools, they will probably be 36 or 42 inches tall. A two-level island can also be designed. One level might be higher for barstools, and the other might be lower so you can do prep.

If you have a 36-inch bar, it’s seating that’s somewhere between a typical barstool and a table.

Island Size

You need to think about not only what you want the island to achieve, but also the surrounding open space when choosing its size. The ends of the island should have at least three feet of floor space. At least 42 inches of space should be available on the sides for working and seating.

Usually, three feet is the ideal width for an island if you have enough room. When designing an island, proportion is crucial. Making sure that it flows well with the rest of your kitchen is important.

Once all the basic elements have been covered, you can move on to the fun parts. Which countertop material should you use, for instance? An island with a waterfall countertop, with stone or another solid surface cascading seamlessly from one end to the other, can be very beautiful. 

Consider lighting as well. You can make a statement above your island with pendant lights. When you have an open-concept layout, the design of your island is even more important since it is likely to be the focal point of your entire living space. Make it practical, but also fun.

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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.