Vacation: April 25-May1, 2007

Although the way Mike Magallon & myself William Staab work as a team and make sure that one of us is always available to take your call or to show you houses. We will both be on vacation from April 25-May1, 2007. We will answer emails; but will not be available to show properties in the Albuquerque area. For Immediate attention contact Coldwell Banker Legacy at (505) 898-2700 and speak to the available agent on duty.

We are enjoying our great vacation do to the negotiated contracts I have with the companies on our relocation page. I negotiated these contracts to help your move be as cheap and as effortless as possible.

Logon below to enjoy these deals:

Ramada - Get Our Best Available Rate or Your First Night is FREE!

$1 Starting Bid Travel Auctions

Save 50% on your weekend rental at Enterprise.com. Great Cars. Low Rates. Most Cars. Most Weekends. Most Neighborhood Locations.

We hope to be working out some more contracts to help with moving costs in the near future with a albuquerque storage facility and moving van company soon!

Buying Forclosures / Bank Repo's / HUD's

Buying a foreclosed property or HUD's (nickname) directly can be a challenging process waiting through the auction period. There are also restrictions who can buy first, disaster victims, Police Officer's / School Teachers , Owner Occupant's and finally investors. also not necessarily always the best value. The Department of HUD has been offering Foreclosures at almost the same price as what the market will bare or just slightly under not leaving much room to fix up and flip. But a great value to a Police Officer or Teacher who can purchase the property at 50% of the value.

Bank Reposessions on the other hand are easier to acquire (usually a 45-60 closing) because banks don't care about the market they want to get the money back for the defaulted mortgage loan as quickly as possible.

I have been a HUD Trained Agent for 2 years now, I believe we are going to see an increase in the number of Bank Repo's / Foreclosures in Albuquerque in the next year. Both of these type of Investments both to occupy or to "flip" can be great investments.


To help fix up those floors in your new forclosure look at this great deal I made with Orangeglow:

Orange Glo Hardwood Allura Floor Care System - The Easy Way to Brighter Floors. Shop Now!