Albuquerque real estate and homes for sale in New Mexico - Don and Geri Padilla, REALTORS® Don and Geri Padilla REALTORS(r) for Albuquerque, New Mexico real estate - NUMBER1EXPERTS™ Don and Geri Padilla NUMBER1EXPERTS(tm) for Albuquerque, New Mexico real estate
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Don and Geri Padilla, REALTORŪ, real estate agent and broker for Albuquerque New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)
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You are really great--always answering our calls and questions.
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Mortgage Prequalification: Albuquerque New Mexico home buying, real estate listings, and homes for sale in Bernalillo                     County, NM
Welcome > For Buyers > Mortgage Prequalification ...


Don't Go Shopping for a New Home Before You Know Exactly How Much You Can Spend!
 

You might have an idea of the loan payment and mortgage you can afford. But will the bank feel otherwise? It's always best to pre-qualify for a mortgage so you know exactly how much a financial institution would be willing to lend you. 

In the pre-qualification process, you will find out: 

- Exactly how much home or land you can afford. 

- How much cash you will need for the down payment. 

- The minimum down payment, and advantages of higher down payments. 

- What the bank feels you can afford for a monthly payment. 

We help buyers pre-qualify for mortgages every day. Simply fill out the form below to get started. 

Remember: we will respect your privacy! We know this is your personal information, and we will not distribute it to anyone, other than to our preferred mortgage broker. This service is also provided free of charge, without any obligation on your part. It is part of our job as top Albuquerque Realtors to offer services such as these. 

Once you fill out the form, we will quickly process your information and get right back to you!
 

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Real Estate Tips
Titles >Liens Against the Title

Occasionally homeowners who are trying to sell their home are surprised to learn that their title is encumbered by a lien. There are several types of liens; the most common are mechanic's or contractor's liens.

The lien (or debt) must be paid off in order to be cleared. If the owner prefers to challenge the lien, he can release it by posting a bond, pending adjudication. In some types of liens, a title search may disclose claims against the property by an ex-spouse or long-ago heir of a former owner. A simple "quitclaim" deed may be used in these cases. By signing the deed, the person involved signs over whatever rights he or she might have, without laying any claim to the property.

Most real estate transactions involve at least some minor unresolved issues on the part of either the buyer or the seller. This is where an experienced real estate agent can provide solutions to resolve the issues and conclude the sale.

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Real Estate Trivia
Q 
What is a Balloon Mortgage?

A 
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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Don and Geri Padilla, REALTORŪ, real estate agent and broker for Albuquerque New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

Don and Geri Padilla
RE/MAX Masters

6705-A Academy Rd
Albuquerque, New Mexico
87109
505-275-3615
Toll Free: 800-753-2782
505-883-8979
Fax: 505-883-9244
Email: dongeripadilla@cs.com

Don & Geri know how to get results for your American Dream of owning a home. From the first-time buyer to the relocating family to the seasoned investor, they have the skills to help you plan for the future through real estate. They listen carefully to your goals to completely understand your individual needs, and they are easy to talk with.


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RE/MAX Masters real estate and homes for sale in Albuquerque New Mexico

RE/MAX Masters real estate and homes for sale in Albuquerque New Mexico



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