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It's been a while since my last post. My business is busting loose. I am writing a booklet on Mortgage Loan Modification. This will be ready and up on a website in early March. I will make an announcement when it is available. Next up will be a short
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Today I did a Broker Price Opinion in Valdez. This is in the northern part of Taos. I was a full snow storm and the roads were very tricky to navigate. I got my photos and made it back in one piece. I have BPO's in Red River, Taos Ski Valley and Upper
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I am totally excited about our latest listing. What is it? It's a warehouse/garage. Doesn't sound like your idea of real estate in Taos. Well this property, for sale at $190,000, is an amazing opportunity for the creative buyer. There is a single
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If your house is on the market and not selling, that is, days on the market are over 100 days then this article on how to get the most money for your house will be helpful http://tinyurl.com/yfxxu4s
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Lately the Taos Home and Land staff/Realtors have been involved in many actions that are far different from the ordinary real estate fare. We have closed many for sale by owners FSBO transactions in the past year. These FSBO closings are wonderful and
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Today the purchase money mortgage market is still pretty tight. The refinance market is equally as tight. This article is a fantastic tool in pre-qualifying your buyers or in fixing your credit to get a mortgage loan http://tinyurl.com/ydfnqeu . Remember
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This short sale took 2 months from contract to closing. Very efficient and saved the seller from going to foreclosure. All parties won on this transaction. Even the mortgage company came out a winner. The sellers credit is not ruined and there is no deficiency
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We finally closed our first and fastest short sale, right before the end of the year. We love closing deals at the end of the year and at the begining of the year. We really love closing deals any time of the year. This deal took 10 weeks to close so
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All the approvals are in and now we will submit all the title paper work to the closer and get ready for closing. One thing the short sale departments require is a certified check to close. Wire transfers are not allowed,don't know why but the funds
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Here is another twist to doing a short sale. Even after the lender approves the short sale there is the possibility that there will be legal actions popping up in the court house. Today we received the updated title binder and a Lis Pendens was found
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We at Taos Home and Land are at it again, that is participating in the FSBO market. We received a rousing testimonial on our performance on the last FSBO transaction. Now we have another FSBO who wants us to represent their property in a sale without
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This is the concise list of what is needed to apply for a short sale. 1. Listing agreement 2. Purchase contract 3. Buyers qualification letter 4. Sellers net sheet or HUD 1 5. Hardship letter signed and dated 6. Seller's financial statement (income
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Still holding for the approval of our short sale. I found out that the original loan was sold to another party. Selling of loans is a standard practice in the mortgage industry. So now another entity owns this loan and the original maker of the loan is
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Well now I get to create a "Short Sale" transaction. So far we are proficient with negotiating For Sale By Owners, creating financing for two parties to the transaction, creating lot splits for land owners, producing special use permits for
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Friday the 6th of November Taos Home and Land closed another For Sale By Owner (FSBO). We are breaking new ground in the FSBO market. We love bringing Sellers and Buyers together in a real estate transaction. We are finding that both parties have similar
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