News & Info | Gary Sandler

Jul 01, 2024 How much earnest money is required to purchase a Las Cruces home

Gary Sandler

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Published 1 July 2024 Earnest money, also known as a good faith deposit, can be a powerful tool when purchasing a home. It is utilized by buyers to demonstrate their commitment to completing the process. The amount offered and under what circumstances it can be forfeited can make the difference between success and failure. The

Jun 24, 2024 Las Cruces home sales down 5% year-over-year

Gary Sandler

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Published 24 June 2024 The number of new and existing single-family homes sold in the greater Las Cruces area between January 1 and June 15 fell 5 percent short of the number sold during the same period in 2023, according to a June 20 report from the Las Cruces Association of Realtors. This year’s 746

Jun 17, 2024 How to flip a Las Cruces home using other people’s money

Gary Sandler

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Published 17 June 2024 Flipping a house is easy if you have plenty of cash on hand. But what if you’re long on skills and short on greenbacks? The answer is to use what’s known in real estate industry jargon as OPM, or Other People’s Money. Using OPM to finance a flip can take many

Jun 10, 2024 Las Cruces existing-home sales sank by 10% in May

Gary Sandler

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Published 10 June 2024 It’s no secret that high mortgage interest rates are having a negative effect on home sales both nationwide and here in Las Cruces. On May 22, the National Association of Realtors (NAR) reported that existing home sales dropped by 1.9% between April and May. In a June 5 report, the Las

Jun 03, 2024 Las Cruces home sellers can maximize profits by fixing up

Gary Sandler

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Published 3 June 2024 While some buyers are still willing to pay full price, or more, for properties that are clean, fresh and ready to go, a large percentage of buyers shy away from homes that require clean-up or repairs after the purchase. The key to moving a home from the less-than-desirable to the desirable

May 27, 2024 Las Cruces month’s supply of homes varies by neighborhood

Gary Sandler

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Published 27 May 2024 When it comes to determining how long it would take to exhaust the inventory of Las Cruces-area single family homes at the current sales rate, the answer depends on where the homes are located. Take for example the Sonoma Ranch area. According to a May 23 report from the Las Cruces