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.”

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East side Santa Fe is located mostly along the foot hills of Santa Fe. The heart of east side is Canyon Road and the small roads (Caminos or Caminitos) such as Cerro Gordo, Apodocca Hill, Camino Monte Sol and Acequia Madre.  The Downtown and East side Historic District includes the oldest parts of Santa Fe with the urban commercial and governmental center generally near Paseo de Peralta and the more rural residential area to the east generally along Palace Avenue, Alameda Street, Cerro Gordo Road, Canyon Road, Camino del Monte Sol, and Garcia Street. Most east side homes fall within the Historic District. You’ll find adobe homes with vigas, nichos, portals, and coyote fences. Homes are on more expensive since they are historic and capture the artistry of the old masters who used the earth to shape their homes. As the new generation of builder and restorers,  many east side homes have been upgraded to the finest of products. East side has expanded to include  the south east properties near St. Johns College and as far south along the Old Santa Fe and Old Pecos Trail as homes hug up to the foot hills but for the most part fall outside the Historic District.  Many homes were built in the mid 80′s with some newer construction still going on in areas on small lots that were once owned by small ranchers and homesteads. If you’re thinking you want to live on the eastside, let’s plan a tour.

Tom Trujillo, Associate Broker   505.699.4954 ]]> http://santafebesthomes.com/?feed=rss2&p=124 0 http://santafebesthomes.com/?p=61 http://santafebesthomes.com/?p=61#comments Wed, 02 Jun 2010 01:18:26 +0000 admin http://santafebesthomes.com/?p=61 When it comes to the original New Mexican Green chile cheeseburger,  there’s only one that holds the honor;  a double meat, double green chile, double cheese Lota Burger.  The first Blake’s Lota Burger was built in 1952 in Albuquerque.  Blake’s are only in New Mexico and dot the state from Farmington to Las Cruces and from Gallup to Tucumcari.  Do you know how many we have in Santa Fe?  For our visitors, make sure you order the double green chile imported from Hatch NM, located north of Las Cruces.  I have two favorites, the Lota Burger on North Guadalupe and the Riverside Lota Burger in Espanola.  A must stop on the way back from Taos.  Let’s go and see some houses! ]]> http://santafebesthomes.com/?feed=rss2&p=61 0 http://santafebesthomes.com/?p=47 http://santafebesthomes.com/?p=47#comments Wed, 02 Jun 2010 00:02:10 +0000 admin http://santafebesthomes.com/?p=47 A few years back, I was lucky enough to meet Robert Kiyosaki at his Denver Seminar.  His popularity of his books such as Rich Dad Poor Dad brought him a tremendous amount of fame and fortune.  I’ve read all of his books and his method of getting people to understand the difference between good debt and bad debt is an excellent way to better understand how your home may be a bad asset.  It’s well worth the read, but as a Realtor, I would challenge the fact that there are many benefits of owning your own home rather than renting.  With that said, Robert explains his view point in many of his books, but the recent melt down in Real Estate explains his theory.  His most recent book, Conspiracy of the Rich, is excellent.  It’s right up there with the Prophecy where he describes the stock market and real estate crash we’ve all experienced.  Now let’s see… he wrote the Prophecy in 2002. Something to say about his insight.