Explore Albuquerque, NM
 One of the biggest challenges in buying a home is often the need to have enough money put by for a down payment.A down payment is made by the buyer at the beginning of a home purchase to show commitment to the transaction. It's usually a percentage of the total price of the home and is paid thro...
 It is nothing more than common sense that the better your home looks to prospective buyers, the more likely they are to want to make you the right offer.Curb appeal is an absolutely vital element of home presentation and staging. It's true to say that it sets the scene for the rest of a viewing ...
 What if you could hire someone to protect your interests at no cost to you?You can do just that by engaging a buyer's agent in your house search.That's because the selling, or listing, agent splits his/her sales commission on a property with the buyer's agent, thus providing you with a completel...
While the Albuquerque real estate scene is predominantly full of good news these days, one aspect never seems to improve and steadily worsens - low inventory of available homes for sale.For sellers who are on the market in times of such short supply, this represents a truly golden opportunity.Les...
Catch up with all our latest property investment related blogs.  ORIGINAL POST
We naturally hope you're a regular follower of our blogs here. If you are, you'll probably have noticed that we've featured no less than two video blogs of great new listings in the area this week. If you missed them, please click here and here.At Everest Peak Realty, we have a consistent commitm...
 One of life's few virtual certainties is that at some stage you're very likely to outgrow your first home.There can be a wide range of reasons for moving and, who knows, you may identify yourself in the following list of common signs that a change is in the air: -Job promotion/relocation - This ...
 In recent blogs, we've looked at the superb opportunities for investment property at the moment.Another great benefit you may not have considered is how renting out your property can improve your tax efficiency.Look at these examples of rental property expenses that can be tax deductible: Mortga...
In our last blog we argued that real estate is a better investment than gold and here's some more evidence that we mean exactly what we said.Let's say you put down 20% on a $100,000 rental property and the value goes up to $110,000. That works out to be a 50% return on investment (ROI). That's be...
 Gold is generally perceived as a great hedge against inflation. Its value usually rises when the dollar goes down. But in order to make money you have to sell it.A real estate investment, on the other hand, can make money while you hold it and when you sell it. You can even borrow against it.Tha...
 Start to do your homework on how to sell a home the right way and you will soon come across lots of advice about staging, or presenting, your home in its best light.What might be even more useful,however, is to know exactly what a positive difference this is likely to mean in financial terms. We...
 Time flies by so quickly and we rarely get a chance to stop and think about how many things have changed in the past few years.Consider these contrasts with 1990:- A loaf of bread cost 67c. Now it's $2.22.- Gas was less than half of today's price back then.Sobering statistics, but some things re...
 One of the most recurrent theme in our blogs is the importance of realistically pricing your home "in the market".It's crucial to recognize that generic online home searching websites are not always accurate and up to date! Therefore the quoted price of your home may well be less, or even more, ...
  One of the best pieces of advice we can offer any prospective home buyer is to obtain pre-approval for a home loan.Let's start off by clearing up the fundamental differences between two often commonly used terms that are often mistaken for one another - pre-qualification and pre-approval.Prequa...
FIND ALBUQUERQUE AREA FORECLOSURE PROPERTIES HEREDid you know that almost a third of all investors are buying distressed properties? This may be an unsurprising statistic when you consider that short sales and foreclosures can present a fabulous opportunity to the savvy buyer.These types of sales...
There are many key terms associated with real estate. One of the most common ones you will hear is inventory - but do you really understand what its relevance is to your home sale?Let's first of all define exactly what inventory means. Essentially, it is a snapshot of the amount of properties for...
As an existing home owner you deserve full credit for your commitment to the American Dream and your recognition of fabulous long term investment potential and the peace of mind of having a place you can truly call your own.And yet, somehow, you are still not 100% happy.That's very possible becau...
You want to buy a home. There's no question it makes sense as an excellent long term investment that's going to be far cheaper than renting. Yet you still harbor concerns over what hidden costs may lie ahead.Unexpected major repairs, such as total air conditioning failure at the height of summer,...

By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 3
It seems like everywhere you go now you hear the word "cloud" if you're a real estate agent. Cloud storage, Cloud CMA, and of course if you are with eXp Realty, Cloud Office is a term you hear everyday.What is a cloud office? It's the new and improved office of the future that's virtual and which...
Pricing your home right is, as we have emphasized many times before, one of the most crucial aspects of successfully selling a home.Whether you're a buyer or a seller, it's very important to consider what makes the home you want to buy/sell stand out from the crowd, when evaluating its true marke...

Albuquerque, NM Real Estate Professionals