Published 30 June 2017 LAS CRUCES – With lots of new home sales come lots of new mortgages. And with each of those new mortgages come lots of monthly payments – 360 in the case of a typical 30-year loan. Each of those monthly payments is made up of multiple components such as principal and interest, reserves for
Read MorePublished 23 June 2017 LAS CRUCES – Utility bills can be a point of contention between landlords and tenants, especially when a tenant vacates a rental property without settling up with the utility companies. The extent to which the problem affects the landlord has everything to do with the individual utility company and the laws
Read MorePublished 16 June 2017 LAS CRUCES – The Las Cruces real estate market is on the move. The combined average sales price of $189,333 for the 686 new and existing homes, townhomes and condominiums sold during the first five months of this year represents a 9 percent increase over the $173,571 average sales price posted during
Read MorePublished 9 June 2017 LAS CRUCES – Homeownership is easier to achieve than most people think. The key to a successful purchase is to live your life as though you already own a home. With a little bit of knowledge, a modicum of discipline and good team in your corner, the transition from renter to homeowner
Read MorePublished 2 June 2017 LAS CRUCES – Earlier this year, the National Association of Realtors surveyed approximately 165,000 of its 1.2 million members, asking them to answer questions about their business activities and other facets of their profession. Just over 12,500, or 7.7 percent, provided responses. Results from the surveys were used to form the
Read MorePublished 26 May 2017 LAS CRUCES – “Location, location, location” is a real estate mantra that been around for eons. The message behind the proverbial chant is that homes located in the most popular areas typically sell for more than homes located in less desirable areas. That’s true to a certain extent. But age, size
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