Albuquerque Real Estate Talk —

Northeast Heights

November 16, 2009

The Northeast Heights area is bounded by Montgomery and Central, and by Tramway and Wyoming, covering one of the largest expanses of Albuquerque. Some of the newest NE Heights neighborhoods include the gated community of Towne Park and the Presidio Townhomes & Condos. Medical facilities are many, including the renowned Presbyterian Kaseman Hospital with [...]

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Albuquerque Mortgage Rates Update

November 13, 2009

Albuquerque Mortgage Rate Update
Mortgage Interest Rates* as of Friday, November 13th, 2009:
CONFORMING CONVENTIONAL: 4.875%
FHA FIXED: 5.0%
Jumbo rates available upon request.

Mortgage Rates provided by…

Barbara J. Shwartz
Senior Loan Specialist
Integris Funding LLC
11000 Spain NE, Bldg B
Albuquerque, NM 87111
Phone: (505) 362-0476
Fax (505) 213-0506
E-mail: bshwartz@integrisfunding.com
Web: [...]

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UNM South

November 9, 2009

UNM South is bounded by I-25 and San Mateo, and by Central and Gibson/ABQ Sunport. UNM South is an area that balances modern renovation with historic districts.
UNM South covers an area across the campus from the South side of Central Ave. to the Albuquerque Sunport and Kirtland Air Force Base. This area includes the southern [...]

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UNM Albuquerque

November 2, 2009

The UNM Area is bounded by I-25 and San Mateo, and by Central and Indian School. This area features many styles of single-family homes, townhomes, and condos ranging from traditional adobe to Mediterranean to art deco.
Of course, this area is home to the University of New Mexico (its Zimmerman Library is pictured left), the scenic [...]

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Define: Comparative Sales

October 30, 2009

Comparative Sales: Sales that have similar characteristics as the subject property and are used for analysis in the appraisal process.
When doing a CMA (comparative market analysis) for a homeowner considering selling their home, real estate agents look at recently sold homes in the neighborhood. So as to make just comparisons, they use homes that are [...]

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Open House: 833 Tramway Lane Ct NE Albuquerque, NM 87122

October 28, 2009

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Academy West

October 26, 2009

The Academy West area is bounded by Montgomery and Paseo, and I-25 and Wyoming. This area features many choices in single-family homes, townhomes, and condos.
Take Jefferson Ave to the westside of I-25 (barely outside Academy West) and you’ll discover a tastebud explosion! Look no further than The 25 Way, or along I-25 itself, [...]

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Define: Quitclaim Deed

October 23, 2009

Quitclaim Deed: A deed that conveys only the grantor’s right or interest in real estate, without stating the nature of the rights and with no warranties of ownership.
A quitclaim deed is an easy way to add or remove a legal owner if you know the ownership. Commonly seen in a divorce or marriage, but [...]

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Define: Earnest Money

October 21, 2009

Earnest Money : A deposit made by a purchaser of real estate to evidence good faith.
Earnest money is an amount of money offered with the purchase agreement to show the sellers that you are serious about purchasing their home. A homeowner will want to know this before agreeing to take their home off the market. [...]

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Foothills North

October 19, 2009

Foothills North is located east of Tramway, between Montgomery and Academy, and includes parts of Glenwood Hills and High Desert. Foothills North features picturesque Southwestern architecture by builders such as Scott Patrick and Rutledge Homes and offers easy access to the foothills open spaces as well as numerous shopping within proximity.
Foothills North is home [...]

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