Albuquerque Homes Are Cheaper to Buy Than Rent

Albuquerque Houses Are Cheaper to Buy Than Rent

It Is Cheaper to Buy Than Rent In Albuquerque NM Why do you continue to rent when it is cheaper to buy? Albuquerque homes are cheaper to buy than to rent! Whether you rent or buy, your housing expense represents a significant portion of the family budget so it’s important to understand the differences and relate them to your specific situation. Although renting may provide short-term flexibility and initial cost benefits, lease prices are increasing rapidly. Over time while a home purchase is an investment with the potential to pay it off in the years to come. Buying A House Is A Big … Continue reading...

Albuquerque Short Sale May Be An Option To Avoid Foreclosure

Albuquerque Short Sale May Be An Option To Avoid Foreclosure An Albuquerque short sale may be the right option for many home owners looking to avoid foreclosure.  Many Albuquerque home owners are facing foreclosure increases as Albuquerque foreclosures are expected to increase 151%  from second quarter of 2011 to the third quarter 2011. This increase is the highest of all major metropolitan areas in the US.  There are 1358 homeowners facing foreclosure, according to this recent Realty Trac article.  Albuquerque tops the 20 markets where banks are pushing through a new wave of foreclosures to … Continue reading...

Albuquerque Short Sale Home Affordable Foreclosure

Albuquerque Short Sale

Home Affordable Foreclosure Alternatives (HAFA) Albuquerque Short Sale Are you struggling to make you house payment?  An Albuquerque short sale is one of many options for you to avoid foreclosure. A federal program called HAFA is a great option if you qualify.  Contact John Myers at 505 401-7500 to discuss all your options. Homeowner Benefits of HAFA Program Albuquerque Short Sale Compared to traditional Albuquerque short sale process: Quickest option for an Albuquerque short sale decision when there is no offer. Faster decisions: in 10 days once an offer is submitted for … Continue reading...

Albuquerque Foreclosures Expected to Increase 151%

Albuquerque Foreclosures

Albuquerque Foreclosures Expected to Increase 151% Albuquerque foreclosures have the highest increase in activity according to Realty Trac.  According to Realty Trac, Albuquerque foreclosures are going to increase by 151%, the highest increase of all major metropolitan area in the US. A recent Realty Trac article has stated there have been a processing delay and a lackluster economic outlook for the short term; foreclosures are expected to continue to cast a shadow on the nation's housing market well into 2014. Albuquerque tops the 20 markets where banks are starting to push through a new wave … Continue reading...

Albuquerque Foreclosure Help | Myers & Myers Real Estate

Albuquerque Foreclosure Help Reports of foreclosures by the millions have been in the national news so much in the past few years that to some, it might seem like the new normal. Foreclosure is financially and emotionaly devastaing for many Albuquerque and Rio Rancho homeowners each year.  Hundreds of home owners are behind in their motgage payments and are in need of Albuquerque foreclosure help. As a real estate agent who is in the trenches with financially stressed home owners every day, I can provide help to Albuquerque and Rio Rancho home owners facing foreclosure. The prospect of … Continue reading...

Albuquerque Real Estate Listing Mistakes

Albuquerque Real Estate Listing Mistakes

Albuquerque Real Estate Listing Mistakes Don't make these Albuquerque real estate listing mistakes if you are selling your Albuquerque, Rio Rancho, or Corrales New Mexico real estate. 10 Most Common Albuquerque Real Estate Listing Mistakes Selling your Albuquerque real estate can be an exhausting experience. Inconvenient phone calls, broker previews, endless showings, price adjustments, and the possibility of getting stuck with two mortgages is very real concerns for  Albuquerque home owners. If you're not adequately prepared, you could end up losing hundreds, even thousands of dollars. The … Continue reading...

Albuquerque Real Estate Investors | Investment Calculations

Albuquerque Real Estate Investors Investment Calculations Albuquerque real estate investors must know their numbers prior to making an offer on an investment property.  Successful Albuquerque real estate investors buy properties based on sound financial principles and not on emotions.  I have provided the following formulas  to help you understand some of the key financial calculations necessary to create wealth in real estate investing.  The following formulas are critical for Albuquerque real estate investors purchasing an investment  property to be used as an income producing property.  I … Continue reading...

Albuquerque Foreclosures Special Report

Albuquerque Foreclosures

February 10, 2011 Albuquerque foreclosures expected to increase rapidly according to an article this morning by Les Christie a staff writer for CNN Money.  The report stated the Albuquerque foreclosures rate in Albuquerque is one in 46 homes and represented a 60.32% increase in 2010. Albuquerque foreclosures is ranked the 67th highest rate among the 206 areas reported by RealtyTrac. Zillow reported this morning that 27% of homeowners in America are underwater on their homes. There are several reports with wide ranging estimates of the number of homes in the foreclosure pipeline. I thought it … Continue reading...