Santa Fe Best Homes

An announcement from government-owned mortgage giant Fannie Mae warns: “Defaulting borrowers who walk-away and had the capacity to pay or did not complete a workout alternative in good faith will be ineligible for a new Fannie Mae-backed mortgage loan for a period of seven years from the date of foreclosure.”

There’s been a lot of talk about the inventory in real estate.  With that in mind, pricing your property is crucial in this competitive market.  By understanding the “Absorption Rate” you’ll understand why pricing your property correctly is the best way for other Realtors and Buyers to take notice. Here’s the link to my worksheet template. Enjoy.  If you’re the seller, this means you have to make sure your home is priced right to compete in today’s market and that your home is in tip top shape.  If you’re a buyer, this is a great time to buy!  I’ll show you why my customers say, ” there’s not another Realtor who knows Santa Fe better!  If you’re up to the chat, give your thoughts or email me with your questions. If you need a quick response, feel free to text me.

Tom Trujillo, Associate
Broker 505.699.4954