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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The 2016 1ST Quarter remained steady in closed homes compared to 1st Quarter of 2015 – even in number of sales from last year, and up in median sales price and volume. Inventory is still down and we expect the remainder of 2016 to remain a great time to sell or buy in Santa Fe!
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 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…
DetailsYOU 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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Compared to this time last year inventory is DOWN, Sales are UP and the average time to sell a home is WAY DOWN. Properly priced homes are getting snatched. Values are staying about the same, so sellers won’t be getting a lot more money, but there is less competition, so you are likely to sell…
DetailsHappy 2016! It’s the time of year to get organized. Many people pay special attention to their finances these next few months. They look at how their investments are doing and make any necessary changes to make sure that they are on track with their goals. If you have a goal of buying a new…
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The number of homes sold in Santa Fe rose for the sixth consecutive year in 2015. Our real estate market continues to get better, though we are yet to see the drastic improvement other parts of the country have seen. Traditionally, Santa Fe’s market is approximately two years behind leading markets. It is getting stronger…
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Get Up There NOW. With almost 160 inches of snow, you are guaranteed to have a blast. Not Sure How You’re Going To Get There, Try The“NEW” RTD ROUTE New for the 2015/2016 season, public transportation from the city of Santa Fe to the ski area. For more information and schedule, please call 866-206-0754 or…
DetailsThere is no doubt that consumers are responding to smart home technologies in a big way. In fact, Coldwell Banker is co-sponsoring the Smart Home Marketplace at CES (formerly known as the Consumer Electronics Show) in Las Vegas, a segment of the show which has nearly doubled in size since last year. Helping to lead the smart home conversation,…
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