When Can You Buy Albuquerque Real Estate After Foreclosure?

If you lost your Albuquerque real estate because of foreclosure, you probably haven’t given up on your dream of owning a home.  You may be scared to try for financing – afraid you’ll be turned down and embarrassed in the process.  Continue reading

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Wise Investments to Prepare your Albuquerque Home for Sale

If you’re thinking of listing your Albuquerque home for sale and know it needs a little sprucing up, here are a few tips on the smartest home improvements you can make to help sell your home faster and for more money.

  • Kitchen remodeling stands at the top of any list of most attractive projects for re-sale value. Crisp clean new cabinets, fresh tile and countertops all make for buyer approval and is money well spent.
  • Bathroom remodeling is a good bet but not nearly as good as adding additional bathrooms, unless your home already has a lot of them.
  • Adding central heat and air to replace floorboard or radiator heat is a huge selling point for any Albuquerque home for sale.
  • Installing a deck or patio. This one hovers close to the middle of the do/don’t numbers but it is still a nice investment that can make your home feel more comfortable and give it more ‘space.’

Items that are less likely to be worth the money include:

  • Installing a backyard pool.  Some people think a pool is attractive.  To many buyers, it’s nothing but additional work and expense.  Unless you live in a climate where the majority of people want a pool, steer clear of this investment.
  • Converting your basement into a finished living space. Many buyers like a finished basement, but it’s the main living space that counts most to them.  Your money would be better spent above ground.

It is important to fix up your home to get it ready for buyers.   But with money tighter than we’ve seen it in a long time, you need to focus on those improvements that will give you a good return on your money.

If you’d like more tips on what works and what doesn’t when fixing up your Albuquerque home for sale, I can help.  Call me today at 505-401-0496 or email me at Adam@SandiaPeakRealty.com

For more information, please visit my website at www.SandiaPeakRealty.com

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Why Is A Final Walk-Through Inspection of Your New Albuquerque Home So Important?

It’s almost time for the closing on the Albuquerque home you’re buying and you can’t wait.  You go to the property for the final walk-through inspection.  You’re so busy thinking about where the furniture is going to go and what color you’ll paint the walls, you breeze right through the house. Continue reading

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When You Can’t Sell Your Albuquerque Home to Younger Buyers…

You may just be targeting the wrong market. Young families, Gen-Xers and 30-somethings tend to want to move into an Albuquerque home with high technology: expensive items like home theatres or home automation. Older buyers, however, have a frugal mindset, are often on a fixed income, and have a different set of requirements for their potential Albuquerque home. Continue reading

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What If A Seller Has A “Counter” Out On An Albuquerque Home For Sale?

Waiting to hear back from a seller on an offer you made on an Albuquerque home for sale can be nerve wracking.  Since sellers aren’t obligated to respond immediately, you may spend time waiting anxiously by the phone.  When your agent finally calls you, it’s with the news that the seller has a “counter” out on the property already.  What does that mean?  Is your offer out the window? Continue reading

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Albuquerque Homes for Sale and Virtual Staging: New Sales Method or Old Scam?

Home staging has long been a way to sell Albuquerque homes for sale.  In short, stagers come into your home, look the place over and start packing (if it’s not already empty). They bring furniture, draperies and other things to make the home look warm, beautiful and inviting to buyers. Continue reading

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What Do Points Have to Do With Albuquerque Real Estate?

You may have heard of points when looking for Albuquerque real estate.  Maybe your loan officer told you that you can trade points for a better interest rate.  That sounds good, but just what are points? Let me give you a better idea of just what points are and how they work. Continue reading

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FSBO – Marketing Your Home Without an Albuquerque Real Estate Agent

If you’re putting your home up for sale without an Albuquerque real estate agent, you’ll soon realize that you have to do the advertising.  If you want to try the FSBO (For Sale by Owner) route, here are a few tips on spreading the word: Continue reading

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How to Save Your Albuquerque Home from Foreclosure

Falling behind on your mortgage payments puts you in a frustrating situation.  No one wants to face the possibility of losing their home to foreclosure and damaging their credit. Yet, you may think you have no other alternatives. Fortunately, there are some steps you can take to save your Albuquerque home from foreclosure. Continue reading

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The Emotional Aspects of Buying an Albuquerque Home

Buying an Albuquerque home can be a challenging process. Along the way you will experience a wide range of emotions.  No matter how strongly you feel that you are alone, rest assured that most buyers feel the same way. Here’s a peek at what you can expect when… Continue reading

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