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Just Listed! Check Out Our Latest Hot Properties

by Sandi Pressley

Just listed! These beautiful mid-priced Albuquerque homes are the ideal choice for those looking to expand their living space. These homes offer plenty of room for your family to grow for years to come. And at these prices, they're sure to sell fast, so make sure to schedule your showing today!

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

1114 Grace Street NE, Rio Rancho, NM 87144

VIEWS!! Pleasing, light-filled 5 years young DR Horton, Rose model with a 3 car garage. This spacious home has soaring ceilings, east facing windows to enjoy views of the Sandia Mountains. Open concept floorplan, kitchen, dining, and great room flowing together. Home offers 4 bedrooms, plus an office/craft room/flex space. Kitchen showcases stacked cabinets, pantry, island, room for dining, and ample counter space. Stainless appliances stay! Primary suite is on main floor with a spa like bathroom and attached laundry room. 2nd level welcomes you with a LOFT/2nd living space. 3 more bedrooms, one being a second Primary with private bathroom. Enjoy alfresco dining on the covered patio while gazing out to the Sandi Mountains.

Learn More!


837 Deming Meadows Drive NE, Rio Rancho, NM 87144

One Owner Gem in Northern Meadows, on an oversized lot lined with Pines, fruit trees, lilac bushes, raised garden beds and blackberry bushes, firepit and a covered patio. Home features 4 bedrooms, 3 baths and a loft. Primary suite is split from other bedrooms. New carpet! Roof replaced 7/2023. Light filled kitchen, with ample counter space, cabinets, pantry, all appliances stay, breakfast nook opens to the Family room with a fireplace. Spacious laundry rm /w cabinets, washer/dry stay! 3 car garage, Move in ready home and a must see! Located in a neighborhood with sidewalks, and parks.

Learn More!

 

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Is It Time to Downsize Your Albuquerque Home?

by Sandi Pressley

Our lives are constantly evolving, and what once may have been the perfect home in Albuquerque for you and your family may no longer suit your needs. If you find yourself questioning whether it's time to downsize, this article will explore 6 signs that may indicate it's the right decision for you. From financial considerations to lifestyle changes, these signs will help you evaluate whether downsizing your Albuquerque home is the next step.

1. Overwhelming Maintenance

One of the most common reasons people choose to downsize their homes is the overwhelming maintenance that comes with owning a larger property. As homes age, they require regular upkeep and repairs, which can become physically and financially burdensome. If you find yourself struggling to keep up with the chores required to maintain your property, it may be a sign that it's time to downsize.

While every home requires maintenance, downsizing to a smaller property can significantly reduce the time, effort, and cost associated with keeping a home in good condition. By moving to a smaller space, you can focus on the tasks that matter most to you and enjoy a more manageable living environment.

2. Unused Space

Do you have rooms in your home that are rarely used or filled with items that collect dust? Unused space not only adds to the maintenance burden but also increases your expenses. Heating, cooling, and cleaning these areas can become a financial drain. Downsizing to a smaller home allows you to eliminate the need for unused space and focus on living in a more efficient and cost-effective manner.

By moving to a smaller property, you can optimize your living space and eliminate the unnecessary costs associated with maintaining unused rooms. This can lead to a more streamlined and clutter-free lifestyle.

3. Unsustainable Monthly Expenses

Large homes often come with higher monthly expenses, including mortgage payments, property taxes, and utility bills. If your housing expenses are becoming increasingly unsustainable or are taking up a significant portion of your monthly income, downsizing may be the solution.

A smaller home typically means lower mortgage payments, reduced maintenance costs, and more affordable utility bills. By downsizing, you can free up financial resources and create a more sustainable budget that aligns with your current income and lifestyle.

4. Infrequent Home Occupancy

If you often find yourself away from home due to work, travel, or other commitments, maintaining a large property can feel like a waste of resources. The costs associated with a larger home, such as mortgage interest, taxes, and utility bills, can add up even when you're not there to fully enjoy the space.

Consider whether downsizing or relocating to a more convenient location would better suit your lifestyle. By choosing a smaller home for sale in Albuquerque that better aligns with your occupancy patterns, you can optimize your living arrangements and reduce unnecessary expenses.

5. Unlocking Home Equity

For homeowners whose property values have steadily risen over the years, downsizing can be an opportunity to unlock their home equity and use it to fund other financial goals. Whether you're planning for retirement, looking to cross items off your bucket list, or simply want to invest in other ventures, downsizing can provide the financial boost you need.

Selling a larger home with substantial equity allows you to access the funds tied up in your property and put them to work in ways that align with your current priorities. This can provide you with more financial flexibility and open up new opportunities.

6. Aging in Place Concerns

As we age, our housing needs may change, and the demands of maintaining a larger home can become more challenging. Considerations such as accessibility, mobility, and safety become increasingly important. If your current home is not equipped to support your evolving needs, downsizing to a more accessible and manageable property may be the right move.

Downsizing can provide you with a home that is better suited for aging in place, with features like grab bars in bathrooms, single-level layouts, and wider doorways to accommodate wheelchairs or walkers. By proactively addressing your changing needs, you can ensure a comfortable and safe living environment.

Of course, there are other considerations when deciding if it's time to downsize your Albuquerque home, or to find a home better suited for your needs. Feel free to contact Sandi Pressley and her team to discuss your home buying options in Albuquerque.

HOT ALBUQUERQUE LISTING OF THE WEEK

2707 Desert Garden Lane SW, Albuquerque, NM 87105

Welcome home to this well-maintained Valley Farms charmer! Featuring 3 bedrooms and 2 baths, get ready to feel right at home. Two living areas make for comfortable living, especially when you enjoy the warmth of the wood stove. Eat-in kitchen is open and inviting, with patio doors to the oversized, walled backyard. Also accessible from the master bedroom, the backyard is an oasis amongst the trees and even includes an oversized shed with electrical. With the ease of city water and sewer, and convenient location, come see this one today!

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Important Things to Do When Moving Into a New Home in Albuquerque

by Sandi Pressley

Moving into a new house in Albuquerque? Don't forget about the important tasks that need to be done before settling in. Aside from unpacking, there are a few more things to take care of. Here's a quick list of important tasks to take care of when you buy a new home in Albuquerque.

Change the Locks

Wanting new locks on the doors to your home is not a sign of paranoia, but rather a smart decision. It is difficult to determine how many people may have keys to your home, so it is advisable to take precautions. It is recommended to not only re-key the locks but also replace the hardware. This not only provides a nice update to your home, but also gives you peace of mind.

Don't forget to change your garage door opener code, too.

An In-Depth Home Tour

Yes, it is important to know the location of the water and gas shut-off valves, as well as the electrical box and water heater. Understanding how to use the sprinkler system is also crucial. Familiarizing yourself with these details and ensuring that other household members are aware can prevent potential disasters.

Seal off Rooms You Don't Use

This one may sound a bit odd. You just bought your new home, so why would you seal off any rooms? If you can, it may be a way to save some money. In the first few months of living in a new home, there are various financial challenges to consider. Moving expenses, purchasing new furniture, potential renovations, and the costs associated with activating utilities can all add up quickly. To mitigate some of these expenses, it is advisable to seal off rooms that won't be in use for a while, as this can help reduce heating and cooling costs.

Meet the Neighbors

It is advisable to proactively reach out to your new neighbors before they have a chance to do so. This can potentially lead to forming new friendships, especially beneficial for your children. Being friendly and sociable from the beginning helps establish a positive rapport.

Additionally, having welcoming neighbors can aid in your adjustment to the neighborhood, as they can provide information on local news, recommend the best coffee shops, and guide you to the most convenient routes to the elementary school.

Clean Your Carpets

When sellers move out of a home, a thorough cleaning should have been done, as it may be stipulated in the contract. However, unless specific cleaning tasks are specified, the house may not be as clean as desired. Even if the house appears tidy, the sellers may have overlooked cleaning the carpets. A proper cleaning of the carpets can extend their lifespan, enhance air quality, and eliminate allergens.

"Little do most of us realize that what we are seeing is only a tiny fraction of the soil that a carpet contains," said the National Carpet Cleaners Association(NCCA). "The visible grime we notice is only the tip of the iceberg; up to 85 per cent of the dirt the carpet holds is buried deep within the pile. And when you consider that a carpet can eventually trap its own weight or more in soil - as much as 150 pounds for an average-sized living-room - you'll agree it's no trivial matter."

Wipe out Drawers and Cabinets

This task is often overlooked, but it can result in the presence of germs or crumbs.

Change Fire Alarm Batteries

The U.S. Fire Administration (USFA) advises changing fire alarm batteries twice a year. To ensure you're not caught off guard, it's recommended to change them when you move into a new place. This way, you can avoid being startled by a loud alarm in the middle of the night shortly after moving in.

HOT ALBUQUERQUE LISTING OF THE WEEK

208 Richmond Drive SE, Albuquerque, NM 87106

Gorgeous, Restored, Nob Hill Adobe Home with top to bottom updates in 2020/2021! Some updates include TPO roof, stucco, windows, interior texture & paint, hardware & fixtures! Plus, remodeled designer kitchen features granite counters w/glass tile back splash, beautiful cabinets & hardware, SS appliances. Main living area includes original wood floors, a cozy fireplace & opens to dining, kitchen, & remodeled full bath. The spacious finished, heated & cooled basement is an ideal flex space that includes a full bathroom, utility/laundry room, & an electric fireplace, & surely to be a favorite gathering space. Enjoy the addition of a walk out deck, turf lawn, backyard side fences, & raised cinderblock walls out back.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

What Are All the Costs of Buying a Home in Albuquerque?

by Sandi Pressley

If you’re a first-time homebuyer in Albuquerque, you’re no doubt already aware that buying a home involves more than just a mortgage payment. There are other costs included in the process of buying a home. It's important to be aware of those costs in advance so that you can make the best decisions during the process. 

Here's a helpful overview of what costs to expect when buying a home in Albuquerque.

1. Closing Costs

Closing on a mortgage is the last step in the process, often overlooked by homebuyers in terms of cost. At this stage, the loan is approved, the inspection is completed, and you are on the verge of receiving the keys to your new home.

When you complete your purchase, you will have a closing meeting where you will sign all the necessary paperwork and make payments for various costs.

The costs associated with purchasing a home encompass various elements. These include mortgage interest payments, taxes and insurance escrow payments, legal fees, lender application fees, recording fees, and title insurance.

Closing costs can average between 3-4% of the price of the home.

2. Property Taxes

When you own a home in Albuquerque, you pay property taxes. The bank doesn’t determine these. Instead, the county of Bernalillo does.

The county of Bernalillo's average effective property tax rate is 1.18% of the assessed value of your home. So for a home that costs $205,500, you would pay $2,419 per year.

3. HOA or Condo Fees

Homeowners in homeowners' associations or condo associations are required to pay a monthly or quarterly fee. This fee is used to cover various neighborhood services, including garbage collection.

The fees of an HOA can fluctuate due to potential increases or assessments for large projects, resulting in unpredictable costs.

4. Insurance

Homeowners insurance is a requirement for obtaining a mortgage loan. Typically, the premiums are already included in your monthly mortgage payment and are paid from your escrow account. This is similar to how property taxes are handled in many cases.

Premiums for homeowners insurance can increase each year, and it's important to note that standard policies usually often do not provide coverage for acts of God. Therefore, it is advisable to obtain additional insurance specifically for natural disasters.

5. Utilities

The cost of your utilities can be as much as your property taxes. In Albuquerque, the average monthly electric bill for residential customers is $144/month.

6. Appliances

When purchasing new construction or some used homes, it is important to note that appliances may not be included. This means that you will need to budget and plan accordingly to purchase these necessary items for your home.

When purchasing a new home, it is important to consider the appliances that may need to be purchased. While the seller may leave behind the dishwasher, refrigerator, stove, and possibly the microwave, it is not guaranteed. Therefore, it is advisable to budget for the purchase of a washer and dryer at the very least.

7. Landscaping

Managing your landscaping requires both time and investment in lawn equipment. However, there will inevitably be tasks that you cannot handle alone, such as removing hanging tree limbs or dead trees.

Hiring a professional for regular lawn care services transitions the expense from an occasional occurrence to a recurring monthly cost.

8. Maintenance

When you own a home, you take on the responsibility of all the maintenance tasks, which is a significant change from being a renter.

From the plumbing to the electrical wiring, a home is filled with numerous systems that require regular maintenance, occasional repairs, and, in some cases, replacement.

When purchasing an older house, it is important to consider the potential increase in maintenance costs compared to new construction. This includes maintaining the electrical system, HVAC system, roof, and plumbing.

All things considered, buying your first home in Albuquerque is the best decision you can make for your future. Making sure you have all the costs involved lined up will help make your dream a reality.

HOT ALBUQUERQUE LISTING OF THE WEEK

6412 Kalgan Road NE, Rio Rancho, NM 87144

Welcome home to this incredible Kim Brooks beauty! Enter the foyer to see soaring ceilings and a fabulous floorplan (4th bedroom large enough to be used as a living area or bedroom). This beauty features a gas, diamond-plaster kiva fireplace, porcelain tile, wood-laminate floors, and incredible custom finishes including hand skip troweled walls and lighted niches. Gourmet kitchen includes gas range, SS appliances, and a long bar for all your seating needs! Enjoy the natural light pouring in through the skylights, and relax in the oversized master suite complete with en suite showcasing a separate garden tub, dual copper sinks, and tons of closet space. Outdoor space is an oasis on a 1/2 acre complete with mountain views, RV front-to-back drive, gas stub-out, desert landscaping & MORE!

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team


Thank you so much for the privilege and for allowing me to earn your business. Here are some reasons sellers are attracted to New Mexico’s and Albuquerque’s #1 Top producing broker Sandi Pressley. My Average days on the market are JUST 13 DAY’S! My overall average of list price-to-sales price ratio is 101.25%. There are so many things that separate me from other brokers. I will detail just a few below:

1) I care more about my clients than my commissions. My tireless dedication, integrity, and exceptional customer service distinguish me from all the other Real Estate brokers, which is demonstrated by 51% of my business coming from very satisfied customer referrals!

2) I am the only broker in the history of New Mexico to have been the #1 Top Producing Broker in the number of homes sold and in total sales volume for 37 consecutive years! This means that no other broker is more effective at achieving a successful sale than I am. Plus it proves that I have achieved excellence, consistency, and attention to all the numerous details.

3) I am ranked 8th in the Nation for Coldwell Banker for selling the most homes.

4) My ability to negotiate is second to none. You need this to get the highest possible price for your home and get to a successful closing!

5) My name and network in this industry carries weight! I get things done that no one else can! When exceptions are needed, or we need top-priority attention, I can get that accomplished!

6) I am a native of Albuquerque and have proudly served my clients for over 44 years.

7) No one offers more extensive web marketing than I do…. When 95% of all buyers are selecting their home and or agent online, this is critical to achieving a successful sale.

8) No other broker has sold more homes than the Sandi Pressley Team! No other broker has a larger network of buyers that can qualify & buy a home of your caliber and price range.

9) My ability to win the appointment and earn the commitment from potential Buyers is second to none!

10) My ability to close is second to none! Regardless of the challenges that can develop from contract to closing, 99% of every sale we get under contract makes it to a successful closing!

11) Your home sale or purchase is too important to entrust to an individual. This is why I have an entire Ninja-trained team from pre-listing/to listing/to closing to handle your transaction with “TLC” all the way to closing and be[1]yond! Our closing team consists of a licensed broker and her assistant working for me for 28+ years. They work 60+ hours a week managing the arduous and critical details to ensure all the many deadlines and contingencies are micro-managed to achieve a successful closing. Without this attention to detail, a contract can fall apart!

12) High Energy, Tireless Drive, Vast Experience, Enthusiasm, and Dedication are essential qualities that I would bring to you as your Broker. I tackle every real estate transaction with experience, perseverance, and hard work, AND you cannot teach experience. I can provide the information and guidance to help you succeed. Hire the SP Team for exceptional service and results you can trust. We will get you to a successful closing.

Please call anytime to discuss further details at 505-980-2999. Thank you again for the opportunity to serve you.

 

HOT PROPERTY OF THE WEEK!


 

6317 PONDEROSA COURT NE, ALBUQUERQUE, NM

This amazing 3 bedroom/3bath Mossman tri-level home has been cared for by the same family for over 20 years. Great Curb Appeal!! Includes 2 primary bedrooms with ensuite bathrooms. Hardwood floors! Large Den downstairs. Big country kitchen with an abundance of cabinets and counter space. 2 car garage with extra storage space. You will have backyard access with a huge inground gunite pool, perfect for summer BBQ's and entertaining with family and friends. Located in the heart of Albuquerque on a very quite nearly .5 acre cul -de -sac lot.

 

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


The Importance of A Home Appraisal: Why It Matters

by Sandi Pressley


When buying or selling a home, multiple factors influence the decision-making process. One crucial step that often needs to be noticed or understood is the home appraisal. A home appraisal is an independent evaluation of a property's value conducted by a certified professional. In this blog, we will discuss why a home appraisal matters and its significant role for buyers and sellers in the real estate market.

 

1. Accurate Valuation:

A home appraisal offers an unbiased and accurate property value determination. Real estate markets fluctuate, and the price set by a seller may not truly reflect the property's worth. An appraisal ensures that both parties involved have a reliable negotiation starting point. For buyers, it assures that they are making a fair investment, while sellers can confidently price their property based on market value.

2. Lending and Financing:

For most buyers, purchasing a home most often involves securing a mortgage or loan. Lenders typically require an appraisal to protect their investment. When a potential buyer applies for financing, the lender wants to confirm that the property's valuation aligns with the requested loan amount. It acts as security for the lender, ensuring the property is sufficient collateral per the loan value.

3. Avoiding Overpaying or Undervaluing:

A home appraisal prevents buyers from overpaying for a property, safeguarding their financial interests. The appraiser's comprehensive evaluation considers the property's condition, location, size, amenities, and market trends. It ensures that buyers are paying a fair price, steering them away from potential financial hardship in the future.

4. Negotiating Power:

A home appraisal empowers both buyers and sellers during negotiation. If the assessment reveals that the property's value is lower than the agreed-upon purchase price, buyers can use this as leverage to renegotiate with the seller. On the other hand, if the appraisal suggests a higher value than the purchase price, sellers can have confidence in defending their asking price. It promotes transparency and fairness in real estate transactions.

5. Investment Protection:

A home appraisal is essential for homeowners who are refinancing or taking out a home equity loan. By getting an accurate valuation, they can protect their investment. Knowing the current market value of their property ensures they don't risk borrowing more than the actual worth of their home. Moreover, an appraisal can help homeowners make informed decisions about renovations or improvements that can increase their property's value.

A home appraisal is a vital step in the home buying or selling process, providing buyers and sellers with confidence and protection. Its role in determining a property's market value, securing financing, and facilitating fair negotiations cannot be overstated. By understanding the significance of a home appraisal, individuals can make more informed decisions and navigate the real estate market with greater ease and assurance.

Suppose you're considering selling your current home and purchasing another. In that case, it is essential to partner with a professional, experienced local real estate agent with a proven record of success to ensure a successful real estate transaction. Put the triumphant Power of the Sandi Pressley Team to work for you! Contact us today here.

 

HOT PROPERTY OF THE WEEK!


12 DUSTIN COURT, PLACITAS, NM

Magnificent VIEWS of the mountains & mesas!! Featuring an IN-LAW/GUEST SUITE! Lower-level walk-out game room/media room! Lots of natural light, wood beam ceilings, open plan, separate study/office. NEW HVAC (2021)! SILICONE ROOF RESTORATION (2022)! Living room features cozy Kiva fireplace & wall of windows w/mtn views! Formal dining rm & butler pantry. Beautiful kitchen has SW style cabinets, island, built-in oven, gas cooktop, bkfst bar & nook with banco. Primary suite features a sitting room/office, fireplace, sauna, tub, sep shower, huge walk-in closet & covered patio with views! Secondary bedrooms with Jack-N-Jill bath! 3 Car Garage, paved driveway & cul-de-sac location. Natural landscape, 2 waterfalls, covered portals & private courtyard!

 

START YOUR DAY INSPIRED WITH THE Sandi Pressley TEAM!


 

Home Buyer Benefits of Using the Sandi Pressley Team!

by Sandi Pressley


Thank you so much for the privilege and opportunity of earning your business. I know you have so many choices when partnering with a real estate agent or team to find your perfect home in the greater Albuquerque New Mexico area and we are truly honored to be considered in your search.

Here are some of the most important reasons home buyers choose to work with New Mexico's and Albuquerque's #1 Top producing broker, myself, Sandi Pressley and my extraordinary team of agents. There are so many things that separate me from other brokers, these will just detail a few:

I care more about my clients than my commissions (paid by the sellers not by you the buyer) My tireless dedication, integrity and exceptional customer service distinguishes me from all the other Real Estate brokers which is demonstrated by 51% of my business coming from very satisfied customer referrals! We will have your back from start to closing!

• I am the only broker in the history of New Mexico to have been the #1 Top Producing Broker both in the number of homes sold and in total sales volume for 37 consecutive years! What this means for you is that no other broker is more effective at achieving a successful purchase than I am. Plus it proves that I have achieved excellence, consistency, and attention to numerous details in every real estate transaction.

• I am ranked 5th in the Nation for Coldwell Banker.

• My ability to negotiate is second to none. This is what you need to get the best possible price on your home purchase and get to a successful closing!

• My name and network in this industry carries weight! I get things done that no one else can! When exceptions are needed or we need top priority attention, I can get that accomplished!

• I am a native of Albuquerque and have proudly served my clients for over 44 years.

• My ability to close is second to none! Regardless of the challenges that can develop from contract to closing 99% of every sale we get under contract makes it to a successful closing!

• Your home purchase is way too important to entrust to an individual. This is why I have an entire Ninja trained team from prelisting/to listing/to closing to handle your transaction with “TLC” all the way to closing and beyond! Our closing team consists of a licensed broker that has been working for me for 28+ years plus her assistant. They work 60+ hours a week managing the arduous and critical details to insure all the many deadlines and contingencies are micro-managed to achieve a successful closing. Without this attention to detail a contract can fall apart!

• High Energy, Tireless Drive, Vast Experience, Enthusiasm and Dedication are key and important qualities that I am sure you recognize are important assets that I would bring to you as your Broker.

There are so many more points of difference, but I hope this suffices. I trust you will make the best decision for you and hire me & my team to get you to a successful closing! Please call anytime to discuss further details 505-980-2999. Thank you again for the opportunity to serve you.

~ Sandi Pressley

 

HOT PROPERTY OF THE WEEK!


12409 PINO AVENUE NE, ALBUQUERQUE, NM

A true one-story gem tucked in North Albuquerque Acres on 1.15 acres. Enjoy Mountain views and the city lights within your private oasis. This spacious home offers 2 living spaces, Chef's kitchen with stainless steel double ovens, gas cooktop, mini wine fridge, electric hotplate, expansive granite countertops. Opens to family room with wood burning stove. Spacious Primary suite, large walk-in closet with dressing area. Features include Sunroom access to a gazebo in the backyard, office, oversized laundry room with storage. Detached 2 car garage with electric. Gated entry into property. Room for RV. Nature brings serenity to this home with the vibrant New Mexico sky. Discover the wildlife such as deer, rabbits, hummingbirds & squirrels. Close to shopping, restaurants, trails, mountain biking, tram, I25.

 

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


The Top 10 Features Buyers are Looking for in a Home Right Now?

by Sandi Pressley

 

It’s National Home Buyer’s Month and today we’re going to look at the top features buyers are looking for in a home right now. As homeowners look to update or improve their homes, possible for a sale down the road, it’s important to not only look at your current needs, but what will be a selling point to home buyers. It’s what will ‘add value’ to your home at the sale. Below are the Top 10 Features most wanted today:

  1. Laundry Room- 87% of today’s buyers put this at the top of their list. Even if you have a small space, a fresh coat of paint, shelves & a hanging unit, along with a folding table can create a lovely area.
  2. Exterior Lighting- Maximizing our outdoor living space is a natural extension of our overall square footage, and a beautiful way to incorporate our stunning outdoor landscape. The use of great exterior lighting not only beautifies the area but gives way to greater hours being spent outdoors. PLUS, what a way to accent the area for buyers!!
  3. Energy-Star Windows- More and more home buyers are putting the focus on energy savings. Investing in Energy efficient windows is one of the best returns on your investment you can make. Whether YOU plan to live in the home for years to come, or you’re looking to sell, this is a GREAT investment.
  4. Patio- Whether you have a small or large yard, home buyers look for a yard with a patio and this is one investment that will not only pay off, but does add that outdoor living space to your home as well. This doesn’t just need to be a cement patio either…have some fun!  Patio’s today come in all shapes, sizes, and elements. They can become a true work of art in your yard.
  5. Walk-in Pantry- I don’t know about you, but I think this is every homeowner’s and buyers’ dream. An organized pantry for food, oversized countertop appliances, stock-up food purchases, wine fridge and more. The time it saves each and every day from looking for items to putting things away is worth it on its own. Personally, I’d put this at the top of my list!
  6. Side-by-Side Kitchen Sink- Are you surprised? Most people are ready for that statement to say Farmhouse kitchen sink, however, most buyers are looking for side by side’s as they feel they are far more functional.
  7. Energy Star Appliances- This really goes without saying. As we are all conscience about money saving, and the effect of our choices on the environment, we look for energy-saving appliances wherever and whenever possible. Upgrading these in your home is an excellent return on investment if you plan to convey the appliances with the sale of your home.
  8. Full Bath on the main living area. Many floor plans include a half bath on the main floor/living area. Today’s home buyers are actually looking for a full bath on the main level, making it much easier and accessible for overnight guests.  If you are looking to update your home, considering a full bath on the main level could be a game changer when it comes time to sell. It would certainly separate your home from others on the market.
  9. Hardwood Flooring- Not surprising at all. This has been, and remains, one of the highly-sought-after flooring elements in a home and a home buyer top 10 for a long time. One big tip- buyers like the real deal. Laminate and vinyl varieties won’t garner the same reaction that actual hardwood will. While they are more durable and lasting, actual hardwood is still the gold standard.

10.Full front porch! Who says the days of sitting on your front porch and chatting with the neighbors is in the past?!  Today’s home buyers are still yearning for the wonderful front porch nostalgia of yesteryear. Now we’re not talking about the ‘old-time’ façade, although we still love that era, todays front porch is functional, beautiful in design, and has stunning curb appeal. Plus, it gives you another natural extension of your living space and neighborhood entertainment area.

Excited to get started on your HOME BUYING journey? We’re excited to partner with you!  Call or email us today to get started.

 

HOT PROPERTY OF THE WEEK!


12 DUSTIN COURT, PLACITAS, NM

Magnificent VIEWS of the mountains & mesas!! Featuring an IN-LAW/GUEST SUITE! Lower-level walk-out game room/media room! Lots of natural light, wood beam ceilings, open plan, separate study/office. NEW HVAC (2021)! SILICONE ROOF RESTORATION (2022)! The living room features cozy Kiva fireplace & wall of windows with mountain views! Formal dining room & butler pantry. Beautiful kitchen has Southwest style cabinets, island, built-in oven, gas cooktop, breakfast bar & nook with banco. The primary suite features a sitting room/office, fireplace, sauna, tub, separate shower, huge walk-in closet & covered patio with views! Secondary bedrooms with Jack-N-Jill bath! 3 car garage. Paved driveway & cul-de-sac location. Natural landscape, 2 waterfalls, covered portals & private courtyard!

 

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


 

The Home Buying Process

by Sandi Pressley



It’s National Home Buying Month so it only makes sense for us to review the home buying process. For many would be home buyers, the excitement builds so high in anticipation of purchasing your home that you may jump over some of the important aspects needed before you begin your search. We’ll outline those here, so you are sure to have success in not only finding your perfect home but securing it as well.

  1. Finding the best Real Estate Agent/Team for you. Partnering with a strong, knowledgeable local real estate agent/team who understands your personal situation and needs and has a strong team of individuals and resources at their disposal to help provide all the tools necessary to secure your perfect home is essential in the home buying process. At the Sandi Pressley Team we have ALL those and more. Our relationships in the community, with lenders, attorneys, home inspectors, contractors, etc, allow us to provide you with all the individuals necessary to make your dream home a reality while leveraging our substantial real estate experience and expertise.
  2. Getting Pre-Approved for your Home Loan. This is critical in the market today. Not only will the lender let you know how much you are able to afford, but the pre-approval will also let the seller know you are serious about purchasing their home and consider your offer seriously. Buyers not pre-approved will often not have their offers considered, as pre-approved buyers have the upper hand. This can cause you to lose out on the home of your dreams. Remember, you don’t want to make ANY large purchases, or make changes to your financial picture during the home buying process.
  3. Start looking at homes that meet your requirements with your real estate agent!  This is such a fun and exciting time. Make sure your list of wants and needs is clearly defined. You’ll also want to have a list of what you may be willing to forego if you find a home that meets most of your needs.
  4. Making an offer on the perfect home. Your real estate agent/team is your fiduciary and will help you craft the optimum offer based on your personal situation, the home price, market conditions and more.  Once accepted, you’ll move into the due diligence phase
  5. Due diligence. This is the phase where you’ll have your inspections and have ample time to remove any contingencies that were placed on the offer you placed. Usually this includes the Home Inspections, Appraisal, and gaining home insurance on the property.
  6. After this date you will receive the final mortgage approval.
  7. Next is the final walk-through of the home you are purchasing. This is done to verify that the condition of the home hasn’t changed and that all repairs and updates have been completed accordingly. This normally takes place 24 hours prior to closing.
  8. CLOSING!!! You get the keys to your new home. CONGRATULATIONS!!

Purchasing a home, whether it’s your first or last, is such an exciting time. And whether you’re a seasoned pro or first-timer, questions always arise. Put our team’s knowledge to work for you. Our vast array of resources is second to none and we’re here to assist you at every step. Ready to MAKE A MOVE?  Contact us today.

 

HOT PROPERTY OF THE WEEK!


916 LOS PADRES PLACE SE, ALBUQUERQUE, NM

Welcome to the desirable community of Willow Wood. Pride of ownership shows how well the home has been cared for throughout. Wonderful open floor plan, flooded w/natural light. The kitchen & heartbeat of the home is a true gathering place w/breakfast nook, stainless appliances, ample cabinets, countertops & oversized pantry w/extra storage, opens to the great room featuring a Fireplace and soaring ceilings. Step outside to enjoy the lush, colorful yard full of mature plantings w/drip system. Upstairs, enjoy the oversized Primary bedroom w/a walkout balcony. 3 more spacious bdrms & 2nd full bath. Additional amenities, features water softener, lots of storage, pad and electric to add a hot tub. Conveniently located near Kirtland AFB, Sandia Labs, shopping, Foothills, trails, & I40.


GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


 

Preparing Financially to Purchase a Home

by Sandi Pressley



Congratulations, you’ve decided you’re ready to purchase a home. It’s such an exciting time and you want to dive right into looking at homes, but you need to slow down and prepare accordingly.

Purchasing a home is a big decision and a huge financial step, so you want to make sure you are fully prepared financially to be in a position to get the home you want, and can afford, at the best rates possible.  Of course, if you have an abundance of cash at your disposal and can offer cash for the house, then you won’t need to read further, but for most of us, planning is crucial.

So, let’s break down the process to ensure your success.

  1. Get your finances in order. Make sure you are ready to meet with a lender to get your pre-approval. Check your credit ahead of time just so you know where your credit score stands. You can utilize sites such as Credit Karma or Credit Sesame to get a good overview. If you find issues, it is better to take time to repair those issues before seeing your lender.
  2. Down payment and closing costs- How much have you saved toward your down payment and closing costs?  The more you can put down, the less you need to finance. Thus, making your payments lower each month. You’ll also need to budget for closing costs, which are typically 2-5% of the total cost of the home purchase price.
  3. Getting your Pre-Approval. This is the key. The housing market is tight right now, meaning inventory is low so there are more buyers per home. You need to make sure you are pre-approved for your loan amount- not only so you know exactly what you can spend, but so the sellers know you are serious, qualify for the loan, and can purchase the home. Often buyers who are not pre-approved will not have their offer even considered.
  4. Once you are pre-approved for a home loan, it is very important that you do not make any large purchases or take out any loans, credit cards, etc. You need to keep your credit profile clean and consistent with where it was when approval was made. You’ll want to continue making all payments on current rent, mortgages, car, credit cards, etc on time.
  5. Your real estate agent partner is also your fiduciary in the real estate transaction and is there to protect your interests every step of the way. This is why it is critical to partner with an agent/team that is experienced and knowledgeable in the local market and the field. Small mistakes can be costly ones.

At the Sandi Pressley Team we’re here to help you realize your dream of homeownership and partner with the best lenders, inspectors, attorney’s, appraisers and more in this industry to offer the most complete services to our clients.  Ready to make your DREAM COME TRUE?  Call us today.

 

HOT LISTING OF THE WEEK!


13908 INDIAN SCHOOL ROAD NE, ALBUQUERQUE, NM

Stunning home in the foothills with incredible views! SOLAR OWNED! POOL & HOT TUB! TWO PRIMARY SUITES! So many upgrades! Amazing outdoor living space with heated pool, hot tub, outdoor kitchen, wood burning fireplace, covered patios & balconies with mountain views & city lights! Grand staircase, open floorplan with lots of natural light! Entertainer's kitchen has Quartz countertops, backsplash, island, walk-in pantry, induction cooktop, wall oven, butler pantry/bar, sink & wine fridge! Beautifully updated flooring. The luxurious primary suite features private balcony with views, gas fireplace, his/her closets, separate study/office, jetted tub, two-way fireplace & separate shower. 2nd primary suite on the main level w/private bath & access to pool. Secondary bedrooms have Jack-N-Jill bath! 3CG with storage & workshop

 

GET YOUR MORNING INSPIRATION WITH THE Sandi Pressley TEAM!


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Photo of The Sandi Pressley Team Real Estate
The Sandi Pressley Team
Coldwell Banker Legacy
10400 Academy Rd. NE Suite 100
Albuquerque NM 87111
505-980-2999
505-263-2173 / 505 293-3700
Fax: 505-212-0729

Quick links to this site are also SandiSells.net or SandiSellsHomes.com