Ways to Hold Title

Title is the evidence that you own your home.  How you “hold title” refers to the various forms of ownership, each with different rights and obligations.  Here are brief descriptions of the customary ways to hold title. Sole Ownership:   You alone own all interest in the home.   If you’re married, your spouse is usually asked…

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Credit Do’s and Don’ts

Mortgage lenders use a credit score (frequently referred to as a FICO score) along with other factors such as your debt to income ratio, employment and credit history to determine your credit worthiness.  There are things that you can do to improve your credit score, as well and some things you should not do to…

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February Real Estate Stats

February Real Estate Stats

February is setting the stage for the Spring sales season. The number of sales were up as well as the average Sold price. With inventory down considerably from this same time last year, I really see competition heating up for quality properties. SANTA FE COUNTY MARKET SNAPSHOT FEBRUARY 2015 FEBRUARY 2016 SALES 116 122 AVG…

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ARE YOU HOME READY?

YOU CAN BUY A HOME WITH ONLY 3% DOWN! Fannie Mae’s new Home Ready loan program can help you finance the purchase of a new home! It’s a lending option that helps creditworthy borrowers with lower and moderate incomes, and with limited assets for down payment and closing costs to buy a home. The competitive…

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