Santa Fe Real Estate and Community News

You've reached the blog for Santa Fe Realty Unlimited. Thank you for your visit. In this Blog, we intend to give insight into real estate and help educate the consumer in order to allow them to make great real estate choices. Real estate, in our eyes, is the backbone of our community. It provides a solid secure investment and a place to call home and raise our families.  We at Santa Fe Realty Unlimited are dedicated to our clients and finding the best solutions to help them with their real estate needs. So please feel free to browse the content on this page and reach out to us if you have any questions whatsoever. Also, If you have a topic that has to do with buying or selling or real estate in general. whether it is in Santa Fe or at the state level of New Mexico or even nationally or internationally, We love a challenge so please do not hesitate to bring it up. Thanks for reading and we hope to hear from you soon.

Nov. 11, 2019

Answering Insurance Questions With an Insurance Professional

Is roof damage covered by homeowners insurance? What about flood damage? Matthew Romero joined me recently to answer these questions and more.

I was recently joined by a special guest, Matthew Romero of Liberty Mutual Insurance, to answer a few questions about homeowners and flood insurance directly from an expert. 
 
Here’s an outline of our discussion, with timestamps so that you can skip around to the section(s) that interest you the most:
 
1:05- What kind of roof damage is covered by homeowners insurance?
2:20- Why it’s important to know the age of your roof before buying
2:45- The difference between water backup insurance and flood damage insurance
5:20- Is flood damage insurance affordable? Does Matthew recommend it?
7:15- Wrapping things up
 
If you have any additional questions for Matthew relating to insurance, feel free to reach out and give him a call at (505) 231-8149 or send an email to matthew.romero@libertymutual.com
 
If you have any other real estate-related questions for me, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.
Nov. 8, 2019

1661 Cerro Gordo Rd

Enter this beautiful historic Cerro Gordo  double adobe residence through the private walls of its warm and inviting courtyard. The home is adorned by beautiful mature vegetation, flowers, and fruit trees fed by drip irrigation.

Nov. 8, 2019

2008 Saint Croix Dr. NW Albuquerque

Well Appointed 3 bed 2 bath home with open floor plan, large master ensuite featuring his and her sinks and a huge walk in closet. Good separation of bedrooms and a fireplace for those cozy winter nights make this home shine. Bring the kids, the dog, you found your new home!!! :)

Oct. 25, 2019

Why Fall and Winter Are Still Great Times to Sell

If you’re looking to sell your home, fall and winter are great times to do it. Here’s why.

Whether you’re better off listing your home now or waiting until spring all depends on your circumstances. If you’re looking to sell now, though, you might as well put your home on the market now. 
 
Even though the market may be a little slower during the fall and winter seasons, there are still plenty of buyers out there looking for homes. Also, if you list now, you’ll face less competition from other sellers. 
 
Many would-be sellers prefer not to have their house on the market during the holiday season because they plan on having guests over, but here’s the thing: You can deny showings anytime you want. If somebody wants to see your home on Christmas Eve and you have family over, you can just say no. 

"Even though the market may be a little slower during the fall and winter seasons, there are still plenty of buyers out there looking for homes." 



If you’ve already listed your home and it hasn’t sold yet, don’t take it off the market. Our market is still going strong, and if you give me a call, I’ll tell you all about what’s happening in your local area and evaluate your situation. 
 
If you have any other questions or any other real estate needs I can take care of, feel free to reach out to me as well. I’d love to hear from you.
Posted in Selling Your Home
Sept. 26, 2019

The 7 Deadly Home Seller Mistakes

Here are seven deadly mistakes that sellers must be careful to avoid when putting their homes on the market.

Today I’ll share the seven deadly mistakes that, unless home sellers are careful to avoid them, could completely derail or destroy a transaction:
 
1. Overpricing. As a seller, pricing is so important, even in today’s hot market. If you’re priced a little bit over the market—even just 5%—your home will sit on the market. Our current buyers can quickly tell if a home has been overpriced.
 
2. Not preparing the home for the market. If your home is prepped and staged, it will sell 88% faster and you’ll get up to 10% more for it. That’s a good reason to make sure all your spaces are clean, inviting, and decluttered.
 
3. Limiting the number of showings you permit. As a seller, it’s in your best interest to allow a buyer to see your home on short notice (which is another good reason to keep it clean).
 
4. Underestimating your selling costs. In any transaction, there’s a little give and take, but it’s important to understand that you may encounter some unexpected costs, so expect the unexpected. If you don’t have money on hand to do a quick repair that comes up on the inspection, we can always try to negotiate on your behalf.
 

"Be sure to review all your offers with an open mind." 



5. Being close-minded. Oftentimes, sellers can get upset over small details in an offer that closes them off to the possibilities of accepting it. Be sure to review all your offers with an open mind. If there’s an aspect that doesn’t work for you, we can help negotiate on your behalf, but don’t just shut down an offer over some little thing; one that could, in the grand scheme, end up being the best one you see.
 
6. Failing to understand the selling process. There are so many individuals involved in the home selling process, including Realtors, appraisers, mortgage lenders, buyers, title officers, surveyors, and more. Having a good understanding of the process (including what can go wrong in a deal) is really beneficial to you.
 
7. Choosing the wrong Realtor. You want to choose a Realtor you can work with, someone who has a fair knowledge of the market and can walk you through the property to give you tips about what’s going on. More importantly, you need someone you can trust. There are many different Realtors out there who all offer different levels of service, so make sure you’re working with someone who will work with you.
 
If you have any questions about selling your home or about the selling process generally, don’t hesitate to reach out. I’m always here to help.
Posted in Selling Your Home
Sept. 16, 2019

La Mesilla Water rights, House and Guest house For Sale Santa Fe Realty

This La Mesilla home for sale is located on a large lush and green lot near Black Mesa Golf Course, with acequia water rights the property is ripe for farming or just enjoying the mature fruit trees and healthy grass. The main house has 3 beds 2 baths granite counter tops and stainless appliance. In addition to the main house there is also a 600 square foot guest house, a workshop, a basement storage and a single car garage. Come see this versatile property today and see what home truly can feel like.

Sept. 11, 2019

3600 Cerrillos Rd #107 Santa Fe New Mexico

This flexible live work has had many past uses including a salon, a family home, and a doctors office. The flexible space has 4 large rooms, a waiting area, a full size kitchen, laundry area, and two baths. One half and one three quarter. Located in a very desirable area of the complex next the dog park and close to the exit. The grounds themselves are meticulously maintained making for peaceful park like strolls.

Sept. 11, 2019

4512 San Angelo St, Santa Fe N.M. 3D tour home for sale

 

4512 San Angelo St Santa Fe N.M. is a quaint 3 bedroom home for sale. This home features an open floor plan, two full size bathrooms, central air conditioning, and a one car garage. This home for sale in Santa Fe New Mexico is centrally located near movie theaters, shopping, and some great restaurants.  

 

Sept. 3, 2019

The Latest From Our Santa Fe Market

It’s a great time to buy or sell in our Santa Fe market.

As we make our way into September of 2019, we’re still in a strong seller’s market in Santa Fe, especially in the lower price ranges. 
 
Pricing is becoming a more important factor for home sellers, though, because buyers are more wary of overpaying for properties. Part of this trend is due to the uncertainty in our economy caused by the looming trade tariffs. If you overprice your home, odds are it will sit on the market unsold. That being said, we’re still seeing a lot of homes sell within one month. 
 
It’s also a good time to buy because interest rates are as low as we’ve ever seen them. Since money is cheap, you can buy a bigger house, a bigger garage, or whatever else your family needs.
 

"Pricing is becoming a more important factor for home sellers." 



Here in our marketplace, you can definitely find some 3-bedroom homes for under $300,000. The $220,000 range, in particular, features some great homes, but there’s a lot of competition for them. As you climb into the $300,000 to $400,000 range, you’ll find a nicer selection of homes that are staying on the market longer and have a smaller chance of attracting multiple offers. 
 
Finally, once you get into the $500,000 to $600,000 range, you’ll see homes sitting on the market even longer, and these homes are oftentimes second-home properties owned by people from other markets. 
 
If you have any more questions about our Santa Fe market or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d love to help you.
Posted in Real Estate News
Aug. 25, 2019

Charming East side Santa Fe Casita 212 A Gonzales Road Santa Fe NM 87501

Classic Adobe Pied-à-terre located minutes from the historic plaza, Canyon road art district and museum hill area. in a desirable Santa Fe East side neighborhood among the foothills of the Sangre de Cristos. This 2 bedroom 2.5 bath Adobe has been recently updated. It sits at the end of a quiet and peaceful lane. The home is very well appointed with a large private patio adjoining the living room and kitchen for indoor/outdoor living beneath the Santa Fe stars. Owner NMREL.

Posted in 3D Property Tours