Tuesday, November 13, 2012

City Living vs East Mountain Living

Albuquerque, Rio Rancho, Sandia Park, Cedar Crest, Tijeras, Edgewood..... so many choices.

On one hand in the larger cities like Albuquerque and Rio Rancho you have the city conveniences of city water, city sewer, close by shopping, grocery or otherwise. Generally living in the city means less of a commute but smaller lots of land and homes are closer. You are close to everything you need and don't have to go far for it.

On the other hand in the smaller out lying mountain towns like Sandia Park, Cedar Crest, Tijeras, and Edgewood you have septic systems, wells (sometimes community water), and often a drive to shopping/conveniences and often more of a commute in general. In exchange for this you get larger lots, more space, and often more privacy as well as an escape from the hectic city life.

What is your preference and why? City living? Or Mountain living? What are the pros and cons of each to you?

Tips on Selling a Home

Get it Spic n' Span Clean and Fix Everything You Can, Even If It Seems Insignificant
  • Scrub, scour, tidy up, straighten, get rid of the clutter, declare war on dust, repair squeaks, the light switch that doesn't work, and the tiny crack in the bathroom mirror because these can be deal-killers and you'll never know what turns buyers off. Remember, you're not just competing with other resale homes, but brand-new ones as well.
Invite the Honest Opinions of Others
  • The biggest mistake you can make at this point is to rely solely on your own judgment. Don't be shy about seeking the honest opinions of others. You need to be objective about your home's good points as well as bad. Fortunately, your Realtor ® will be unabashed about discussing what should be done to make your home more marketable.
Be a Smart Seller - Disclose Everything
  • Smart sellers are proactive in disclosing all known defects to their buyers in writing. This can reduce liability and prevent law suits later on.

What do you think of interest rates?

Mortgage interest rates are at an all time low! The national average on a fixed rate 30 year loan is 3.41%. What are you thoughts on this? Does knowing the interest rates are so low cause you to think of purchasing a home? I'd love to hear your thoughts on this.