Albuquerque, Rio Rancho and Corrales real estate and homes for sale in New Mexico, Albuquerque buyers agents and listing agents - The Campbell Team, REALTORS® The Campbell Team REALTORS(r) for Albuquerque, Rio Rancho and Corrales, New Mexico real estate, Albuquerque buyers agents and listing agents - NUMBER1EXPERTS™ The Campbell Team NUMBER1EXPERTS(tm) for Albuquerque, Rio Rancho and Corrales, New Mexico real estate, Albuquerque buyers agents and listing agents
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The Campbell Team, REALTORŪ, real estate agents and broker for Albuquerque, Rio Rancho and Corrales New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)
Find out why we're New Mexico's leading broker team! Call us: 505.821.7666 or 800.570.5776!


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First Time Homebuyers: Albuquerque, Rio Rancho and Corrales New Mexico home buying, real estate listings, and homes for sale in Bernalillo County, NM
Welcome > For Buyers > First Time Homebuyers ...


Buying Your First Home? REALTORSŪ Are Your Professional Guides. Make Sure You Choose Top Experts. 

You might be a bit afraid or intimidated by the whole process of buying your first home. As top Albuquerque, Rio Rancho and Corrales real estate experts, it's our job to guide you, from beginning to end. 

We will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached. 

New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
Financing Your Home >Balloon Mortgages

In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. On the due date, which may be only a few years after the loan was made, the balance must be paid off or the loan must be renegotiated. Balloon borrowers must be cautious and plan carefully to avoid overlooking balloon payment obligations. It is easy to be lulled into complacency by the easy monthly payment terms.

Today's complex economics have produced a wide variety of options for potential borrowers, who are often surprised by how much house they can afford to buy. Loan approval is ultimately in the lender's hands, but your real estate agent can help you to determine your real buying power.

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Real Estate Trivia
Q 
What house is considered to be the first house with running water in America?

A 
John Headly's home built in Newport, RI in 1723, was equipped with an underground pipe from the nearby spring.
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Fidelity National Title has escrow & title offices conveniently located throughout Bernalillo and Sandoval Counties.
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The Campbell Team, REALTORŪ, real estate agents and broker for Albuquerque, Rio Rancho and Corrales New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

The Campbell Team
Campbell and Campbell Real Estate

6711- A Academy NE
Albuquerque, NM 87109
505-821-7666
800-570-5776
Fax: 505-828-3906
Email: info@SherlockHomesNM.com

The Campbell Team has closed over 3800 transactions worth in excess of $543 million of residential real estate since 1990. Our owner, Ron Campbell, is the only New Mexico real estate professional to be ranked in REALTOR Magazine's Top 100 for the last three years. The Campbell Team offers a full-time staff of buyer specialists, listing specialists, relocation specialists, transaction manager, seller-services manager, team courier, and a marketing director, plus an on-staff photographer and web developer to assist with all of your real estate needs.

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