Published 12 October 2020 If you’ve ever taken out a mortgage, there’s a good chance the lender who made the loan to you sold it to another bank or investor before you made your first payment. There’s also a good chance that if you’ve had your mortgage for a few years, it may have been
Read MorePublished 5 October 2020 Las Cruces is a college town. According to the New Mexico Higher Education Department, so are 22 other communities in the state. What do they all have in common? College kids who need a place to live. In many cases, parents or grandparents pick up the tab for their offspring’s housing.
Read MorePublished 27 September 2020 An interesting phenomenon is taking place in the Las Cruces-area real estate market. According to a Sept. 15 report from the Las Cruces Association of Realtors, high-end home sales are outperforming sales of moderately-priced properties. Local Realtors sold a total of 1,551 new and existing homes, townhomes and condominiums through Sept.
Read MorePublished 20 September 2020 The New Mexico Mortgage Finance Authority is best known for providing mortgages and down payment assistance to first-time homebuyers. They do much more than that, however. In addition to also providing tax credits and financing for the development of affordable rental housing, they likewise offer special financing for buyers who purchase
Read MorePublished 13 September 2020 Las Cruces-area Realtors had the best August in 14 years, according to a September 8 report from the Las Cruces Association of Realtors. Local agents sold a total of 216 new and existing homes, townhomes and condominiums during the eighth month of the year, up 19-units from the 197 homes sold
Read MorePublished 6 September 2020 Purchasing a home or a vehicle are both exciting propositions. So exciting, in fact, that during the process one’s thinking can sometimes be skewed to the point where an emotional decision is made that would not have otherwise been considered prudent. Buyers who find themselves in such a circumstance often suffer
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