Steps in the Transaction from Contract Through Closing

There are a great number of time sensitive processes and actions involved in a real estate transaction after you’ve come to a contractual agreement and until closing. We’ll list them here and link to descriptions of each. To make it easier, a new window will open with each to keep this one visible. First a [...]

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Don’t Count on Title Company Searches in Taos Real Estate Market

This post is about water rights, but I suppose the situation could crop up on any item, such as mineral rights, that the title companies will not ….

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Taos Real Estate – Finding a Buyer & Getting Your Price May Not Be Enough

Ed Adams, a prominent appraiser in the Taos real estate market was kind enough to share his opinions with me concerning the new Fannie Mae and Freddie Mac guidelines and procedures for appraisals. As most loans end up with involvement by these two government entities, buyers and sellers of Taos real estate need to be aware of these new requirements.

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Inspections Objections & Resolutions in Taos Real Estate

You’ve been in the Taos real estate market for a while, and you’ve finally found the perfect home for your vacation or retirement.  The purchase agreement is negotiated, and you think you’ve gotten a decent price.  Now it’s time to get to the home inspection process.  Once your inspections are done, there will be things [...]

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Inspections Process in the Taos Real Estate Transaction

Home inspections in the Taos real estate market definitely have their own character, just as the properties being inspected.  We have some interesting and challenging architecture and construction, including: very old adobe homes; pueblo style with flat roofs; territorial style with peaked roofs; geodesic domes; off-the-grid earthships; and even homes converted from railroad cars and water [...]

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Taos Real Estate Process – Who Pays What At Closing?

In a Taos real estate purchase agreement, there is an item with two charts.  One chart lists loan related costs and fees, while the other lists closing costs.  Each chart has three columns, Buyer, Seller and Not Required.  Usually check marks are placed next to each item under who has agreed to pay it, Buyer or [...]

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Taos Real Estate Closing Process – Deadlines & Deliveries

Taos real estate transactions aren’t dramatically different from those in other areas, but we do have our peculiarities. Much of the Taos real estate purchase agreement will however be very similar to other areas of New Mexico. We’ll have several pages on this site to help you with the process of closing a Taos real [...]

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Taos Real Estate Market – Easement Information

Many a buyer and seller in the Taos real estate market have been frustrated or even damaged by easement issues. As with most real estate and investment decisions, the purchase or sale of Taos real estate should involve careful research and verification of legal access to the property. It’s the small things that turn into [...]

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Taos Real Estate – Title Insurance Information

Title insurance isn’t that much different in the Taos real estate market than in others.  We have four title companies in the town of Taos: Advantage Land Title First New Mexico Title Taos Title Teirras de Taos Title As title insurance rates are regulated in New Mexico, there will be no difference in cost for [...]

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Disclosure – The New Mexico Land Disclosure Form

Though not required by law in New Mexico, it is usually required by buyers that a seller provide the RANM (Real Estate Association of New Mexico) Form 4103 Property Disclosure Statement – Vacant Land. This form outlines what the seller knows about the condition, history and characteristics of the land parcel to be sold. This [...]

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