Albuquerque Real Estate Investors Rio Rancho Real Estate Investors 

Albuquerque real estate investors and Rio Rancho real estate investors have found real estate is quite literally on sale! Now is an unprecedented opportunity to build wealth for Albuquerque real estate investors and Rio Rancho real estate investors, and I specialize in helping all investors achieve their goals.  To better serve the needs of Albuquerque real estate investors and Rio Rancho real estate investors, I recently earned the Certified Investor Agent Specialist (CIAS) Designation.  There are currently only 4 real estate brokers in Albuquerque New Mexico with this prestigious designation, as of 12/10/2010.  With the CIAS, I have the training, tools, and calculations to effectively serve the five investor types: First Time Investor, Move Up Investor, Portfolio Investor, Performance Investor, and Rehab and Resell Investor.  Albuquerque real estate investors and Rio Rancho real estate investors have found real estate represents a consistent and stable way to build wealth, bring liquidity to the housing market, and stimulates the local economy.  In fact, in the past year, investment and second home properties represented approximately 19% of all residential sales on a nation wide basis.  It’s also worth noting that nation wide, 43% of real estate investors earned less than $75,000 per year.  The Albuquerque and Rio Rancho rental market for single family homes is very strong.  This means it is easy to rent single family homes and the rents are increasing while property values have decreased over the past two years.  Contact me today to learn more about investing in real estate.  Albuquerque foreclosures and Rio Rancho foreclosures offer a great opportunity to purchase homes at a significant discount to current market value.  Click on the links below to view foreclosures for sale in the Albuquerque and Rio Rancho market.

Albuquerque Foreclosures

Rio Rancho Foreclosures

Albuquerque Real Estate Investors Rio Rancho Real Estate Investors

Broker Duties to New Mexico Home Sellers

Are you looking for a New Mexico Broker to represent you as a Seller’s Broker?  All New Mexico Associate and Qualifying Brokers owe the following duties to Sellers represented by the Broker.

Every licensed New Mexico real estate Broker is obligated to disclose Broker Duties.  The following brokerage relationships are available in the State of New Mexico, 1) Transaction Broker, 2) Exclusive Agency, and 3) Dual Agency.

Prior to the time an Associate Broker or Qualifying Broker generates or presents any written document that the potential to become an express written agreement the Associate Broker of Qualifying Broker shall disclose in writing to their prospective buyer, seller, landlord, or tenant the following list of Broker Duties that are owed to all Customers and Clients by Brokers:

1. Honesty and reasonable care as set forth in the provisions of this section;
2. Compliance with local, state, and federal fair housing and anti discrimination laws, the New Mexico Real Estate License Law and the Real Estate Commission Rules and other applicable local, State, and federal laws and regulations;
3. Performance of any and all oral or written agreements made with the Customer or Client;
4. Assistance to the Brokers Customer or Client in completing the Transaction, unless otherwise agreed to in writing by the Customer or Client, including 1) Presentation of all offers or counter offers in a timely manner, 20 Assistance in complying with the terms and conditions of the contract and with the closing of the transaction.  If the Broker in a transaction is not providing he service, advice or assistance described in paragraphs D1 and D2, the Customer or Client must agree in writing that the Broker is not expected to provide such service, advice, or assistance, and the Broker shall disclose such agreement in writing to the other Brokers involved in the Transaction.
5. Acknowledgement by the Broker that there may be matters related to the Transaction that are outside the Associate Brokers or Qualifying Brokers knowledge or expertise and that the Associate Broker or Qualifying Broker will suggest that the Customer or Clients seek expert advise on these matters;
6. Prompt accounting for all monies or property received by the Broker;
7. Prior to the time the Associate Broker or Qualifying Broker generates or presents any written document that has the potential to become an express written agreement, written disclosure of 1) any written Brokerage Relationship the Broker has with any Parties to the Transaction; and or 2) any material interest or relationship of a business, personal, or family nature that the Broker has in the Transaction; 3) other Brokerage Relationship options available in New Mexico:
8. Disclosure of any adverse material facts actually know by the Associate Broker or Qualifying Broker about the Property or the Transaction, or about the financial ability of the parties to ht Transaction to compete the Transaction.  Adverse material facts do not include data from a sex offender registry or the existence of group homes;
9. Maintenance of any confidential information learned in the course of any prior Agency relationship unless the disclosure with the former Client’s consent or is required by law;
10. Unless otherwise authorized in writing, an Associate Broker or Qualifying Broker shall not disclose to their Customer or Client during he transaction that their Seller Client or Customer has previously indicated they will accept a sales price less than the asking or listed price of a property; that their Buyer or Customer has previously indicated they will accept a sales price less than the asking or listed price of a property; that their Buyer Client or Customer has previously indicated they will pay a price greater than the price submitted in a written offer; the motivation of their Client or Customer for selling or buying property; that their Seller or Customer Client or their Buyer Client or Customer will agree t financing terms other than those offered; or any other information requested in writing by the Associate Brokers  or Qualifying Broker’s Customer or Client to remain confidential  unless disclosure is required by law.

Showing Albuquerque & Rio Rancho Homes

Sellers of Albuquerque homes, Rio Rancho homes, and Corrales homes may find the following information useful when showing your home.

• Short notice is possible.
• Be flexible, you never know when a buyer will walk through the door.
• Open all of the blinds or other window coverings.
• Turn on all the lights.
• Keep your house is clean and everything is put in its place.
• Make sure the garage door is closed.
• Have the temperature in the house comfortable, cool in the summer and warm in the winter.
• It is best to leave the house during the showing or stay out of the way, let the Realtor do their job.
• Safely secure all pets.

Did You Know Your New Mexico Home Has An Air Filter?

Albuquerque Homes & Rio Rancho Homes Need Their Air Filter Replaced Periodically.  Did you know you Albuquerque Homes and Rio Rancho homes have at least one air filter that needs to be replaced periodically?  Your home will have at least one filter and may have several filters throughout your home.  If you have a regular central forced heater, there will typically be a filter located right above or below the heater.  If you have a refrigerated air conditioning unit, there may be a filter located on the refrigerated air conditioning unit.  There may also be air filters located at one or more return air grills throughout the house.  Depending on your lifestyle and whether you have pets will determine how often your air filter should be replaced.  Filters should be changed out a minimum of twice per year and some lifestyles and equipment will require filters to be replaced three or four times per year.  The best way to determine how often to change out your homes filters is to check them periodically and replace them when the filter is dirty.  After a few replacements you will be able to set up a regular schedule to replace your homes air filters.

Protection of your heating and air conditioning unit equipment to insure proper operation and extend the life of this equipment is the most important function of an air filter.  The secondary purpose of an air filter is to exchange circulating air with cleaner air after passing through the filter.

Most air filters are good at capturing larger airborne particles, such as dust, pollen, dust mite and cockroach allergens, some molds, and animal dander. However, because these particles settle rather quickly, air filters are not very good at removing them completely from indoor areas. Although human activities such as walking and vacuuming can stir up particles, most of the larger particles will resettle before an air filter can remove them.

You can select a particle removal air filter by looking at its efficiency in removing airborne particles from the air stream that passes through it. This efficiency is measured by the minimum efficiency reporting value (MERV) for air filters installed in the ductwork of HVAC systems. The American Society of Heating, Refrigerating and Air-Conditioning Engineers, or ASHRAE developed this measurement method. MERV ratings ranges from a low of 1 to a high of 20 allow comparison of air filters made by different companies.

Flat or panel air filters with a MERV of 1 to 4 are commonly used in residential furnaces and air conditioners. For the most part these filters are used to protect the HVAC equipment from the buildup of unwanted materials on the surfaces such as fan motors and heating or cooling coils, and not for direct indoor air quality reasons. They have low efficiency on smaller airborne particles and medium efficiency on larger particles, as long as they remain airborne and pass through the filter. Some smaller particles found within a house include viruses, bacteria, some mold spores, a significant fraction of cat and dog allergens, and a small portion of dust mite allergens.

Pleated or extended surface filters with a MERV of 5 to 13 are reasonably efficient at removing small to large airborne particles. Filters with a MERV between 7 and 13 are likely to be nearly as effective as true HEPA filters at controlling most airborne indoor particles. Medium efficiency air filters are generally less expensive than HEPA filters, and allow quieter HVAC fan operation and higher airflow rates than HEPA filters since they have less airflow resistance.

Higher efficiency filters with a MERV of 14 to 16, sometimes misidentified as HEPA filters, are similar in appearance to true HEPA filters, which have MERV values of 17 to 20. True HEPA filters are normally not installed in residential HVAC systems; installation of a HEPA filter in an existing HVAC system would probably require professional modification of the system. A typical residential air handling unit and the associated ductwork would not be able to accommodate such filters because of their physical dimensions and increase in airflow resistance.

Some residential HVAC systems may not have enough fan or motor capacity to accommodate higher efficiency filters. Therefore, the HVAC manufacturer’s information should be checked prior to upgrading filters to determine whether it is feasible to use more efficient filters. Specially built high performance homes may occasionally be equipped with true HEPA filters installed in a properly designed HVAC system.

We have a lot of dust blowing through our New Mexico area during the windy times of the year and all this dust will create problems for your heating and air conditioning equipment and for the air quality in your home.  Follow these steps to maintain your equipment and improve the air quality in your home.

Step one is to find all of the air filters in your home.

Step two is to determine the best air filter for your needs.  Check your equipment maintenance manual to insure you do not choose a filter that will cause too much air resistance for the equipment.  It is important to recognize that a filter that restricts air flow will damage your heating and air conditioning equipment.  You can also check with your filter supplier and get their advice on the proper air filter.

Step three is to monitor your filters and determine how long they will last before they need replacement.

Step four is to set up a regular schedule and replace your filter(s) on that schedule.