How Long Does It Take To Buy A Home In Albuquerque?

How Long Does It Take To Buy A Home In Albuquerque

How Long Does It Take To Buy A Home In Albuquerque? You may wonder how long does it take to buy a home in Albuquerque?  This question is not quite as easy to answer as you would think.  The first step in the home buying process to meet with a lender and get pre-qualified or pre-pproved for a mortgage.  You can get pre-qualified in a few days if you have good credit.  You can skip this step if you are a cash buyer. Find an Experienced Realtor The next step in the home buying process is to find a great real estate agent to help you purchase a home.  Find a real estate agent that you trust and … Continue reading...

Should I Buy A Short Sale Home In Albuquerque NM

Should I Buy A Short Sale Home

Buy A Short Sale Should You Buy A Short Sale Home Before we answer if you should buy a short sale home in Albuquerque we need to explain what a short sale is.  Many Albuquerque home buyers may ask "What is a short sale?"  First thing to understand is a short sale does not mean it takes a short time to get the deal done. A short sale means the lender that carries the mortgage will receive a short payoff.  A short sale occurs when a home is worth less than the mortgage on the home and the costs to sell the home. Important Factors To Consider Before You Buy A Short Sale A short sale must be … Continue reading...

Should I Have My Home Inspected Before I List It Albuquerque

Should I have my home inspected before I list it Albuquerque NM

Should I Have My Home Inspected Before I List It You may be wondering if should I have my home inspected before I list it in Albuquerque NM.  In most cases, homeowners should have their homes professionally inspected before listing the home to sell.  However, most homeowners do not want to pay the expense upfront before listing their home. It is customary for homeowners to pay for home inspections in the Albuquerque real estate market.  Some homeowners want to wait to receive an offer before they pay for a home inspection. Many homeowners feel they are saving money by waiting for an offer to … Continue reading...

What Is The First Step In Home Buying Process Albuquerque

What Is The First Step In The Home Buying Process In Albuquerque NM

What Is The First Step In Home Buying Process Albuquerque NM I am often asked "What is the first step of the home buying process in Albuquerque.  For most home buyers, the first step of the home buying process is to get pre-qualified for a mortgage.  Getting pre-qualified for a mortgage is the first step in the home buying process unless you are paying cash for your next home. Why do I need to get pre-qualified? Quite simply, unless you  are paying cash, you must qualify for a mortgage.  Mortgages for homes are heavily regulated by the federal government and you need to find out if you meet … Continue reading...