Protest Your Property Taxes with our Assistance

There are many great Albuquerque area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (877) 933-6881 for a FREE home buying or selling consultation to answer any of your real estate questions.

Today I will be covering a topic that most home owners or land owners in Albuquerque will be familiar with. I will be discussing property taxes and what you can do if you believe that your home is being valued too high.

This property tax notice is a precursor to the property tax bill that you will be receiving later on in November. This notice tells you what the value of your home is at the county level. The value of your home will be directly correlated to the amount of taxes that you owe on the property. Your property tax bill will likely not be ready until November, but right now is a good time to look at the notice you have received.

You should pay close attention to what the estimated value of your home is because if it seems too high, now would be your chance to go and protest your bill. You have 30 days to protest the valuation of your home after receiving the notice.

Keep in mind that your property taxes are only allowed to rise by 3% each year unless you've bought your home or the property in the past year.

There are lots of companies that can help you protest your taxes, and one of them here in Albuquerque is Double Eagle Property Tax Consultants. If you choose to use them, all you have to do is fill out their forms and they will do the rest for you.

If you choose to protest the taxes on your own, you will have to provide evidence to the county assessor in the form of comparable properties with their correlating values. We can help you to provide this evidence and also help to pinpoint a more appropriate value for your home.

Property values in New Mexico do not always match what your property is actually worth. If your property is valued at lower than what you believe it to be worth, then don't worry because that means you will be paying less in taxes on your property. The main thing to worry about that could cost you is if the county assessor values your home far beyond what it is worth.

If you would like to protest your property value and need some comparable data or advice, please be sure to contact me and I would be glad to provide you with advice and assistance.
As always, if you are looking to buy or sell in Albuquerque, then please do not hesitate to contact me and I would be more than happy to provide you with assistance. Call or email today to set up a time for us to speak!

Thanks for tuning in!

Create a Non-Negotiable Must-Have List to Narrow Your Home Search

There are many great Albuquerque area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (877) 933-6881 for a FREE home buying or selling consultation to answer any of your real estate questions.

Meet my buyer team specialist, Jane Elizabeth, who is here with us today to discuss how to make your home search more successful. As a buyer specialist, Jane helps people find good homes all the time, so pay attention to her advice.

Jane has found that even if you were able to build a dream home with an unlimited budget, you would probably still be wishing for something more out of your home after it was built.

Because of this, Jane recommends that you begin your home search by sitting down and writing 5 Non-Negotiable Must Have criteria for your next home. These would be 5 things that you absolutely must have in your next home, such as a large garage or a home located in a good school district.

For example, in Albuquerque we have the Green Belt, Rio Rancho, and high desert areas. One way to narrow down your search is by figuring out what area you want to live in.

Or narrow down your search by looking for a home with only three bedrooms, for example. Try to keep it at right around 5 things, though, because if you put too many on this list it can grow harder and harder to find a suitable property for all of your needs. Just ask yourself what is most important to you.

The 5 things you put on your list will help narrow down your home search, which helps eliminate unnecessary time spent searching for homes that don't fit your needs. This helps me to do my job better, and you will be wasting less time and energy on properties that you will never want to buy.

If you're unsure of what you want or need, please feel free to come on into the office. We can talk about your specific needs and then search our list of inventory for a suitable home.

You can reach me directly at (505) 263-2529 or visit our website at www.welcomehomeabq.com.

Comprehensive 2014 Market Forecast for New Mexico

There are many great Albuquerque area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (877) 933-6881 for a FREE home buying or selling consultation to answer any of your real estate questions.

Comprehensive 2014 Market Forecast for New Mexico

Hello, I'm here again to forecast the real estate market in Albuquerque for 2014. As 2013 acted as a year of recovery, we hope to experience some growth in 2014. Here are some things you can expect to see.

• Nationally, the market is expected to be pretty hot. There has continued to be a shortage of homes for sale, and interest rates are supposed to remain steady.

• Locally, appreciation is expected to remain at 1-3%

• Trends you can expect to see this year are an increased velocity of home sales, as well as lots of new construction going on as the inventory of available homes declines. More custom-home builds are appearing as well, so land sales will also see some increased activity.

• Real estate will become more technologically driven. More than ever, buyers are looking online for listings and using their cell phones to find homes.

• Challenges here in New Mexico will most likely be affected by the loss of federal jobs, as real estate is linked with job growth.

• This will be the year for sellers as supply will be down. The inventories of certain areas will be impacted differently, but overall you can expect to see less homes for sale.

• Interest Rates are expected to take a slight hike this year and reach 5-5.5%

There are many things to take into consideration when purchasing real estate, so feel free to give us a shout and we'd be glad to sit down with you and take care of all your needs. Call us at (877) 933-6881 or email at info@welcomehomeabq.com.