Think Small: Getting Started As a Real-Estate Investor – WSJ.com
Even in today’s uncertain climate, novice real-estate investors can
make money, especially in smaller properties that are easy to acquire
and manage.
Evolve Santa Fe Real Estate - call Frank at 505.699.3985
Think Small: Getting Started As a Real-Estate Investor – WSJ.com
Even in today’s uncertain climate, novice real-estate investors can
make money, especially in smaller properties that are easy to acquire
and manage.
Home Exchanges – New York Times.
“Home exchanges are hardly a new concept, but swapping vacation homes is gaining momentum. Services like Digsville Home Exchange Club (www.digsville.com) and HomeExchange.com report that about 20 percent of their listings are now second homes, with HomeExchange.com posting 5,500 listings in the United States and 1,400 in France alone. Another site, HomeLink International (www.homelink.org) has a database of homes in 68 countries, from apartments in Budapest to an ocean-view house in Tahiti….” To a casita in Santa Fe?
FORTUNE magazine in its best and worst real estate feature this month, cites the Albuquerque/Santa Fe market as a bright light for 2007, with a projected 2007 price change of 5.9%. Good news for sellers. Making it an excellent investment for buyers.
Changing the Mortgage Equation – The New York Times.
President Bush signed legislation on
Wednesday making mortgage insurance tax fully deductible for borrowers
whose household income is $100,000 a year or less and who buy their
homes after Jan. 1. Analysts and mortgage industry executives said the
legislation would give a boost to first-time home buyers in particular,
and at least partly diminish the use of so-called piggyback loans to
avoid the insurance requirement.
“A year ago, it seemed that everyone was buying a vacation home — and it didn’t really matter what you bought. With prices rising at double-digit rates at most resort destinations, the most dilapidated beach shack or ski condo would do. Indeed, according to the National Association of Realtors, the number of second homes purchased reached 3.34 million in 2005, up 16% from the year before…”
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I liked working with Frank because he told me the plan and worked the plan. Issues arose and were quickly resolved. Frank was available when I needed to understand my options and next steps. I appreciated all that and would highly recommend Frank O’Mahony’s services.
Michael
Santa Fe NM
Our Realtor, Frank O’Mahony, helped to make our relocation to Santa Fe a positive and enjoyable experience.
David & Karen
(formerly) San Diego, CA
The Santa Fe Real Estate market is evolving faster than ever. Whether you're looking at residential or commercial property, you need a well-informed, tech-savvy, highly connected 21st century real estate partner beside you, to get the best possible information, and ultimately the best possible deal.
evolve real estate Santa Fe is that best possible partner. We know that investing in real estate--whether a second home, a new business site or even your very first property—is a critically important decision that will impact your personal and financial future. We’ll be with you all the way, from the first exciting moment to beyond the final signature.
What does that mean? It means that evolve real estate focuses on your Santa Fe real estate needs using the finest local information and expertise. Including affiliate partners who are recognized as the best in the area at what they do, from solar heating installers to mortgage brokers, from inspectors to gardeners, from real estate attorneys to home tenders.
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