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Mar 30, 2018 Paying extra on a mortgage saves big bucksPublished 30 March 2018 According to a new study published in the Journal of Financial Economics, 20 percent of homeowners who could have benefited from refinancing chose not to and lost out on $5.4 billion in interest savings. While refinancing may be advantageous for some, it may not be possible or cost effective for others.
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Published 23 March 2018 If you’re thinking of helping a friend, neighbor or relative buy, sell or rent a home, apartment or commercial property, you’d better think again. Conducting such activities without the benefit of a real estate license is against the law. In 2008, the New Mexico Real Estate Commission fined two Ruidoso-area property managers $1,000
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Published 16 March 2018 LAS CRUCES – More free-standing, single-family homes were sold during the first two months of 2018 than in any of the past 11 years, according to a March 11 report from the Las Cruces Association of Realtors. Local buyers and sellers closed 242 transactions in January and February — a number that hasn’t
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Published 9 March 2018 LAS CRUCES – Selling timeshares without a real estate license is a felony in New Mexico, but that’s not stopping out-of-state scammers from preying on unsuspecting timeshare owners, according to a Feb. 23 bulletin from the New Mexico Regulation and Licensing Department. Unlicensed solicitors claiming to represent full service property management, real estate brokerage
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Published 2 March 2018 LAS CRUCES – When Eddie and Eva Bloor purchased their Cowlitz County, Wash., home in 2004, they had no idea the house had been used for methamphetamine production. Neither the sellers nor the real estate brokers disclosed to the Bloors that toxic chemicals had been found at the residence. The newly-minted homeowners
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Published 23 February 2018 LAS CRUCES – It was just a few weeks ago that I shared the story of a young school teacher who was struggling to decide whether to buy an easy-to-afford home today or wait to purchase a more expensive home a couple of years from now when her income is higher. By choosing the
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