4 Calle Montoya, Placitas, NM 87043

This beautiful southwestern style home is located on a large 3 acre lot on a dead end street which makes it peaceful and extremely quiet. Enter the home via the fully walled courtyard into the Great room with sky high cedar ceilings and a fireplace which is idea for the winter months. The large chef's kitchen comes complete with tons of granite counter top space for prepping meals and lots of cabinet space for storage. The Master Suite is on a level all its own with a loft entry complete with a private balcony. The master suite offers an adjacent office as well as a spa like master bath and large walk-in closet. The backyard offers a covered patio and great views of the surrounding hillsides. Convenient location close to I-25 and the Rail Runner. 

Price: $450,000
MLS#: 863934
Bedrooms: 3
Baths: 3
Sq Ft: 3211
Placitas Home For Sale

4 Calle Montoya, Placitas, NM 87043

Real Estate and Realtors - Part 1

There are many different terms in the real estate field which can be confusing. If you have always wondered what the different terms meant but were afraid to ask, this article is for you.

• Real Estate. The term real estate is used often. Basically, real estate refers to land or anything on the land. It can refer to the buildings such as homes or garages that are on the land. It can also refer to undeveloped land as well as developed land. Offices, retail stores, and even factories are real estate.


• Real Estate Investment. A real estate investment is when someone purchases a home or property in order to re-sell it for a profit. These types of investments can be slightly more volatile than other investments depending upon the pricing values of property and the market. In some cases, it may be necessary to borrow the funds in order to make an investment. However, because the housing market is tangible, obtaining a loan is typically an easy process. Quite a bit of wealth can be made or lost by investing in real estate.


• Realtor. A Realtor is a professional that can help you to buy or sell a home. A realtor is important because he or she can offer you impartial advice based upon their experience in the field. A realtor is sometimes called "an agent", or "real estate agent". Agents or realtors may also help owners to rent their properties.

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 Article Source: http://EzineArticles.com/8042389

Throw a Kid Birthday Party Fast! (Part 1)

It's not often that a parent forgets a child's birthday or just doesn't plan one all together. But there are times that the best laid plans go awry, external factors wreck havoc on schedules, or a child makes a last minute birthday party request. What to do when at the seemingly last minute for party planning, a new or revamped party needs to be planned and had? Keep in mind some guaranteed party success elements and use them as a launching pad: games and entertainment, guest list, pizza buffet and cake.




No matter the reason, planning and throwing a last minute birthday party can be stressful for the most savvy of party planners and energetic of parents. Regardless of gender or age, the elements above of a carefully chosen guest list, some planned entertainment, along with kid favorites of pizza and a yummy cake, any party will be a success. However, it isn't just enough to bring these elements together and hope for a happy birthday boy or girl and happy guests. There does need to be a little bit of a theme and planning.

Article Source: http://EzineArticles.com/7849196

Borrowing Money? Get to Know the Truth in Lending Act

If you are considering purchasing a home or a car, or even just opening a credit card account, you should make yourself aware of the Truth in Lending Act, also known as the TILA. The Truth in Lending Act is a 1968 federal law that requires borrowers to make known certain information to potential customers before they utilize the borrowing services. The act is meant to make it easier and more standardized to shop for credit, and to better educate consumers about the true costs of extending a line of credit.

TILA requires that the potential lender disclose all associated costs of borrowing money before they are able to extend a line of credit. These costs include:

• The annual percentage rate
• The loan's terms
• The total cost of the loan to the borrower.

This information must be presented in a standardized format, using standardized terminology. The lender must also share information disseminated by the Federal Reserve Board that explains a consumer's rights when borrowing money. In particular cases, lenders must provide additional materials. In the case of an Adjustable Rate Mortgage, for example, lenders must provide information to consumers about the terms of that particular type of mortgage. The Truth in Lending Act also sets limits on how creditors can advertise their credit services.

Lenders are responsible for complying with the terms of the Truth in Lending Act. They can be held monetarily responsible for misleading or not informing consumers. You should be aware of what information a lender is required to give you before you begin shopping for credit. A lender who does not provide this information is not only breaking the law, but also likely a bad creditor to do business with. Always keep all documents that a lender has sent prior to and during the time you are drawing on a line of credit. These documents could be useful if you begin to suspect that you've been misled by your creditor.

If you have already purchased a home, car, or started a credit card and think that you have been misled by the credit company, you should contact an attorney who has experience in TILA cases. Just because you're dissatisfied with the amount of money that you owe does not necessarily mean that you've been taken advantage of by a creditor. A real estate attorney, or one familiar with financial laws, can help assess if your claim is valid.

TILA cases often come to light when a bank begins the foreclosure process on a home. If your home is being foreclosed on because you are unable to make your payments, you should check with an attorney to assess your options. An attorney can help you determine if a bank's violation of TILA may have led you into foreclosure.

Taking out a line of credit is always a serious business and, as a consumer, you should familiarize yourself with the terminology of borrowing, the terms of particular loans, and laws, such as the Truth in Lending Act that can protect you.

Article Source: http://EzineArticles.com/7477142

www.GregLobb.com

Online Property Auction for Real Estate

One way to find great real estate deals is through online property auction websites. This Internet method of searching for houses, condominiums, and townhouses saves wear and tear on your car and cuts down on time. If you're in the market for bargain realty deals, viewing information about properties on your computer will allow you to inspect only the ones that look like possibilities. On a typical website offering auctions, there is quite a bit of information to be had.

Internet auctioneers post photos and details about houses, condos, and townhomes on the site. They work with private parties, lenders, banks, and real estate developers. Sometimes sales are held on courthouse steps and other times they're held in large meeting rooms such as ballrooms. For investors who prefer to bid in person, they can attend the sales at the courthouse or publicized meeting room. For buyers who'd rather bid from the comfort of their own home or office, they can participate via computer by clicking their keyboards. These sites have state-of-the-art bidding systems in order to provide a fair system for all participants.


Properties that are available on an online property auction website are often divided into classifications such as single-family dwellings, multi-family dwellings, condominiums, townhouses, and land. Filters on these sites can be used to hone in on the specifics for the searcher such as those for investors only, tenant occupied investments, vacant buildings, luxury homes, short sales, bank owned, and tax liens. In order to search in a specific area, an individual types in requests via keyboard such as types of property, number of bathrooms, number of bedrooms, square footage, a range of years in which the home was built, and the zip code.

Once an investor finds a dwelling that fits the bill, he or she can click on it to get further details. On this next screen, there are photos, more details such as the lot size, the event number, the property identification number, and a buyer's premium. It will also be notated whether the residence is a cash deal or whether financing is available. There are PDF forms to print up including a purchase contract. The auctioneers' names and license numbers are listed as well. Because we live in a world that is connected, there are even links to "share" with friends. Furthermore, there are disclosure documents to view, a calculator to figure out financing, and a buyer's checklist. How much easier could it be? Many buyers would be uncomfortable buying properties sight unseen, which is understandable. The online property auction experts thought of that and made sure investors could view before they bid. On the webpage, there are open house times and dates for viewing properties before the bidding begins.

If you're interested in bidding on real estate through an online property auction, educate yourself by perusing the websites. Once you're ready to place a bid, note the date the bidding starts and what the opening amount is. There will also be a reserve price, which is unpublished. The reserve may or may not be met but it's what they seller is hoping to receive. If this sounds like an intriguing way to purchase real estate, give it a try.

Article Source: http://EzineArticles.com/7441471

Here is a good auction site for New Mexico

104 Camino Manzano (Placitas, New Mexico)

Amazing custom home in Placitas. Light & bright open floor plan, offering 3-4 bedrooms. Master Bedroom complete with shower, jetted tub, walk-in closet, dressing area, & double sink which is separate from the rest of the bedrooms. The Gourmet Kitchen with granite counter tops, maple cabinets, & beautiful tile flooring make this a chef's dream! Enjoy views of the Mountains & the Mesa from the large courtyard in the backyard which is perfect for entertaining. Owner financing avaliable.
 
 

Price: $550,000 
Beds: 3
Baths: 3.0
Sq Ft: 3450
Acres: 0.92


Extras

Bar In Kitchen, MB Dbl Sink, Beam Ceiling, Breakfast Nook, MB Jetted Tub, MB Shower/Tub, Ceiling Fan(s), Pantry, Dining Room Front, Dressing Area, Skylights(s), Walk-In Closet(s), Back Yard Access, Patio Covered, Courtyard, Wall Privacy, Walled Backyard

Placitas Demographics

As of the census of 2000, there were 3,452 people, 1,485 households, and 1,101 families residing in the CDP. The population density was 115.4 people per square mile (44.5/km²). There were 1,606 housing units at an average density of 53.7 per square mile (20.7/km²). The racial makeup of the CDP was 83.52% White, 0.70% African American, 1.30% Native American, 0.52% Asian, 0.03% Pacific Islander, 10.46% from other races, and 3.48% from two or more races. Hispanic or Latino of any race were 20.22% of the population.

There were 1,485 households out of which 23.5% had children under the age of 18 living with them, 67.0% were married couples living together, 5.2% had a female householder with no husband present, and 25.8% were non-families. 20.1% of all households were made up of individuals and 4.8% had someone living alone who was 65 years of age or older. The average household size was 2.32 and the average family size was 2.66.

In the CDP the population was spread out with 18.8% under the age of 18, 3.0% from 18 to 24, 25.1% from 25 to 44, 42.5% from 45 to 64, and 10.5% who were 65 years of age or older. The median age was 46 years. For every 100 females there were 92.8 males. For every 100 females age 18 and over, there were 93.8 males.

The median income for a household in the CDP was $60,597, and the median income for a family was $71,696. Males had a median income of $46,667 versus $41,914 for females. The per capita income for the CDP was $36,243. About 2.6% of families and 7.0% of the population were below the poverty line, including 12.7% of those under age 18 and 3.8% of those age 65 or over.