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
Read MorePublished 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
Read MorePublished 16 February 2018 LAS CRUCES – The New Mexico Mortgage Finance Authority served more first-time and non-first-time home buyers in 2017 than in any other year on record, according to MFA Homeownership Representative Teri Baca. MFA was created by the state legislature in 1975 and has provided mortgage loans and down payment assistance to more
Read MorePublished 9 February 2018 Editor’s note: This is the second in Gary Sandler’s two-part series on dealing with the tax ramifications of selling rental properties. Before selling a rental property, we explored the tax consequences associated with the purchase and disposition of a fictitious Las Cruces-area triplex purchased for $150,000. In this part, we’ll explore
Read MorePublished 2 February 2018 Editors note: This is the first in Gary Sandler’s two-part series on dealing with the tax ramifications of selling rental properties. Look for the second installment in the Feb. 11 edition of the Sun-News. LAS CRUCES – Owning a rental property has its advantages. A steady stream of income, the ability to write
Read MorePublished 26 January 2018 LAS CRUCES – According to the Bureau of Justice Statistics, apartment dwellers are 50 percent more likely to be victims of theft than people who own homes. Despite that fact, a survey of 1,400 renters by Apartments.com revealed that just over two-thirds of apartment dwellers and more than half of home renters don’t carry insurance.
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