Archive for June, 2010

Million dollar homes in Santa Fe

tom’s tip Recently I’ve been asked to post some of the most expensive homes available in Santa Fe. Each of the properties are unique and located in some of the most beautiful vistas in our city. If you decide on any of these homes, you won’t be disappointed. If you’re looking or something a little smaller or less expensive, give me a call or email at tom@truheo.com. I’ll look forward from hearing from you. Which one is your favorite? Properties
courtesy of participating Brokers thru the IDX exchange.

Working thru social media

When it comes to trying and getting all the pieces to work together, it’s no easy task.  I spend most of the morning to see if I could write a single post and get it synicate across to my facebook and twitter accounts.  So this is the test. Let’s see if it works.

Fannie Mae deadbeats need to pay

IN THE
NEWS 6/24/10

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.”

What’s the Absorption Rate

 

 t o m’s  t i p

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

 

Breakfast Burrito

You can never go wrong ordering a Red Chile Breakfast burrito at the famous Tia Sophia’s on San Francisco Street. It a family favorite at our house.  It’s all in the Chile.    Red chile is made into a sauce and sometimes with small slices of meat.  In northern NM, although it’s made into a sauce,  it’s never called a chile sauce. It ’s just called chile!  Chile con carne, chile con huevos, chile con frijoles…you get the picture.  You might also order a burrito with green or the ultimate christmas.  Get it, red and green together.  At Tia’s it’s the red that makes their burrito the best.  The breakfast burrito can be ordered with the choice of bacon, sausage or ham, with potatoes in flour tortilla. Top it with  red chile and Cheese and add the egg for $7.95.  You’ll be good until supper time.  You’ll need the energy while we check out some outstanding properties in the area.

East side Santa Fe

   

 
Properties courtesy of participating
Brokers thru the IDX exchange.
 
 
 

 

 

t o m’s  t i p

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

Double Lota Burger with double chili and cheese

Lota Burger on North GuadalupeWhen 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!

Robert Kiyosaki

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.