Some important Contingencies to keep in mind:

Posted At : October 22, 2018 11:53 AM | Posted By : Paula
Related Categories: Angel Fire and Taos Real Estate News

1. Inspection contingency: A home inspection contingency is recommended by real estate agents that you will get a licensed home inspector to check the property within a specified period (typically seven days) after you sign the purchase agreement. This is will give you vital information on any issues that may not be easily seen when you first look at the house. Inspectors will check out the heating, electric, the roof etc. and make suggestions for repairs that are necessary.

2. Financing contingency: is to ensure that if you can't obtain a loan, you'll be able to get your earnest money deposit back if for any reason you are unable to obtain financing. The clause specifies that you have a certain number of days within which to get your mortgage approved by your lender.

3. House-sale contingency: prior-sale contingency in the contract for your new home provides an opportunity to withdraw your offer if the offer on your existing home does not sell by a certain date. It depends upon how the offer is written whether your earnest money deposit will be refunded.

4. The appraisal contingency: the appraisal should come in within 5% of the sale price. If the appraisal comes in much lower than the agreed upon price, you have the right to renegotiate with the seller.

Come to the Land of Enchantment and we at New Mexico Mountain Properties will assist you to find that perfect piece of Taos real estate. Whether you are looking for Taos homes or condos for sale in Taos, our New Mountain Properties real estate brokers can help you find the right Taos property for you. Or....allow us to find you a Taos lot for sale or even larger Taos acreage to build your dream home. Our real estate brokers are experts on finding the perfect Taos land for sale for you. You can contact us at our Taos real estate office 575-758-5852 or check out our website www.highmountainproperty.com.

Angel Fire is known for its great weekend getaways or vacation trips with a variety of activities to do year round. While enjoying the beautiful outdoors why not look for your next Angel Fire land to build a home. We have everything from small lots within the Angel Fire Resort to 10-20 acres in our spectacular communities of Taos Pines Ranch and Hidden Lake. New Mexico Mountain Properties real estate brokers are here to assist you so give us a call at our office in Angel Fire at 575-377-2626. We are committed to helping you find an Angel Fire condo or an Angel Fire home for sale that will suit your needs. Call us at our Angel Fire office at 575-377-2626.

New Mexico Mountain Properties has a new APP that you can download for FREE which will give you access to all real estate listings in Taos, Angel Fire, Red River and beyond! https://webapp.mobileappco.org/m/NewMexicoPropertyApp/

The Plane…The Plane!!

Posted At : October 15, 2018 12:41 PM | Posted By : Paula
Related Categories: Angel Fire and Taos Real Estate News

Coming soon... Flights from Austin and Dallas directly to Taos! Starting just in time for the holidays and great skiing, flights will start on December 20th. Taos Ski Valley purchased a 30-seat passenger jet which will offer the fastest, closest route to the Rockies from Texas.

According to Mayor Daniel Barrone" "With the new runway in place, we are committed to positioning the Taos Regional Airport as an economic driver for Taos County and Northern New Mexico. To that end, we are working with the state and our regional partners to develop and fund year-round, long-term air service."

Flight will continue from December through March 2019. Leaving Thursday, Saturday, Sunday and holiday Mondays. Tickets can be purchased at skitaos.com/taos-air.

The Taos Ski Valley will be offering complimentary ground shuttle rides to/from Blake Hotel for all those who use Taos Air.

While you are enjoying our world-class skiing, you may want to stay and make Taos your home. Take a look at our Taos real estate market for homes for sale or perhaps a Taos condo for those ski getaways may be more to your liking. Our New Mountain Properties real estate brokers are experts that can help you find the right Taos property for you. Check out our beautiful land for sale in Taos. We are here to serve all your Taos real estate needs. Call our brokers at our Taos real estate office at 575-758-5852.

We also have an office in Angel Fire in case Angel Fire real estate is what you are looking for. Whether you are looking for an Angel Fire home for sale, an Angel Fire condo, or some of our fabulous Angel Fire land for sale... at New Mexico Mountain Properties, our Angel Fire real estate brokers are here to assist you with questions. Give us a call at our office in Angel Fire at 575-377-2626.

Ski today...Stay forever!

Don’t be a newbie: Avoid these common mistakes when buying your first home.

Posted At : October 6, 2018 12:18 PM | Posted By : Paula
Related Categories: Angel Fire and Taos Real Estate News

1.Getting too emotionally attached:

• Try finding "several homes you love so that you're not too emotionally invested in one."

2.Finding the home yourself:

• Just don't only rely on your brilliant research skills or the many real estate sites.

• Contact an experienced Realtor and allow he/she to vet homes for you.

3.Assuming you have no rules to follow as a homeowner:

• Some homes have restrictions that come with conditions.

• Restrictions vary, depending on where you're buying your home.

• Make sure you are aware of all covenants and restrictions that may apply to each listing.

4.Not saving enough money:

• Saved up enough money for a down payment. That's a huge accomplishment.

• It has been suggested that buyers have two to three months' worth of mortgage payments in reserve.

5.Pre-approved for a loan:

• Get proof of income and assets in the form of a pre-approval letter from a lender.

• This process simply means that the lender has looked through your financial situation and is comfortable with lending you a certain amount of money.

6.Paying private mortgage insurance (PMI):

• If you don't put down at least 20%, you may have to pay PMI.

• If you do, be sure to let your lender know what you have paid down. So that you only owe 80% of the homes' value.

• Your lender will cancel your PMI so that you don't have to pay a month more of PMI than necessary!

7.Not checking the price of homeowner's insurance:

• Homeowner's insurance pays to repair or completely rebuild your house if necessary.

• Policies and premiums vary so shop around for several insurers to find the best deal for you.

8.Not checking your credit score:

• Check your credit score at least three months prior to searching for a new house.

9.Not getting a home inspection:

• Homebuyers may want to skip this step, but all homes need inspections, even brand-new ones. There could be hidden issues with the home that only a licensed inspector will uncover.

• Don't be afraid to speak up and get issues fixed before you sign those settlement papers.

Most people are drawn to Taos for its history and culture. While enjoying a day in the Land Of Enchantment, why not see what land is for sale in Taos for you to build your Taos dream home. Our New Mexico Mountain Properties real estate broker's level of knowledge and professionalism of the Taos real estate market can help you choose a Taos home or Taos condo of your choice. Call us at our Taos office at 575-758-5852. Our Taos real estate brokers are here to assist you.

The Angel Fire area may also offer that perfect opportunity for you to own a home in Angel Fire or perhaps an Angel Fire condo may just be what you are looking for. Give us a call here at our Angel Fire office at 575-377-2626. There is also a great selection of Angel Fire land for sale. Our Angel Fire real estate brokers here at New Mexico Properties can assist you with any questions you may have. Give us a call at 575-377-2626.

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