Homeownership

Found 78 blog entries about Homeownership.

house numbers

House numbers are more than a convenience for pizza delivery. They are important to your family’s safety.

Emergency services need to see your house numbers to find you. That is why the City of Albuquerque passed an ordinance requiring all buildings, both residential and commercial, to have easy-to-find numbers on the property. 

If you don’t have house numbers on your property, one of the easiest DIY solution is to paint them on your curb.

For this beginner DIY project, you will need; 

  •              Painters tape
  •              Number stencils
  •              White spray paint
  •              Black spray paint
  •              Paint brush and paint remover (for touch ups/overspray)

 

Step 1: Sweep and clean the curb. Once dry,

2,560 Views, 0 Comments

patio idea

By: Lisa Kaplan Gordon

Upgrading your outdoor spaces? Here are upgrades that landscape architects rate as most popular.

If you’re thinking of sprucing up your yard, install what you love; but also pick upgrades that will increase your home’s value and, someday, attract buyers.

The new "2014 Residential Landscape Architecture Trends Survey" by the American Society of Landscape Architects clues you in on what outdoor features are trending up: 

1.  Outdoor lighting (98.3% of architects rated this as very popular): With today’s solar and LED lights, it’s a low-cost upgrade, too. 

2.  Terraces, patios, and decks (97.7%): Adding any of these features is like adding another room to your home for much of the year.

3.  Low-maintenance landscaping

764 Views, 0 Comments

 us capital building

Source: HomeOwnershipMatters.realtor

Fast Fact: The National Association of REALTORS® Issues Mobilization grants help keep you and your neighbors aware and informed about public policy changes that would impact your wallet and your home.

Too often, legislators target homeowners when seeking to fund federal programs. Even recently, some tried to put the financial burden of highway and transportation programs on the backs of homeowners.

A proposal in Congress would have diverted Fannie Mae and Freddie Mac’s guarantee fees (sometimes called “G fees”) to pay for these long overdue national highway and transportation improvements. Each time G fees are used for unrelated government spending, America’s homeowners wind up paying more for their

713 Views, 0 Comments

By Eva Medcroft, Editor for NewMexicoHomeSearch.com

If you're like me, you spend a "little time" looking at home design ideas on HGTV, DIY, Pinterest, Houzz and more. And, you may have noticed that all the latest designs nationwide seldom use textured walls.

Before we show you how to repair your textured walls, we need to introduce you to the most common textures so you can sound like a pro when you go to your favorite home improvement store for supplies – or when you hire a pro if DIY textured walls are not your thing.

To learn more about how you can replicate this technique, click on the image to go to DryWallSchool.com for in-depth DIY tutorials and videos.

1. Knock-Down

One of the most common textures is called knock-down. It may

5,748 Views, 0 Comments

 Adobe girl from New Mexico True

You’ve heard the expression, ‘dumb as mud?’ Well, that’s not really how we think about our mud here in New Mexico.

Adobe is a defining feature of New Mexico’s unique architecture, and something visitors from around the world are drawn to discover and explore. Along with New Mexico's endless skies and stunning landscapes, adobe gives our state a look and feel that can’t be found anywhere else.

Find “Cured Earth” and the New Mexico True Adobe Trail at NewMexico.org.

Pick a trail and see where it leads – to classically New Mexican adobes or Victorian neighborhoods on the Architecture Trail; to green chile cheeseburgers and family-owned wineries on the True Cuisine Trail, to famous artists, Native craft and top museums on the Art, Culture

1,364 Views, 0 Comments

 Southwestern plants

Source: ABCWUA

The rebate amount has increased to $1.50 per square foot. Plant coverage must still be 50%, but all of the plants must be from the low water use designation on the Rainwater Harvest Plant List below. These plants are native or xeric adapted to live on the 8 inches of natural rainfall that occurs in Albuquerque. A rainwater collection or direction system must also be a part of the plan, which must be approved by the Water Utility's Xeriscape Inspector. In order to allow for root establishment and development, supplemental irrigation is allowed for a two-year period for shrubs and grasses, and a three-year period for trees.

Plants Approved for the “Rainwater Harvest Garden” Rebate Program

All plants need regular watering when

1,042 Views, 0 Comments

A "Listing Agent" and "Buyer Agent"

When you you see a house you like on NewMexicoHomeSearch.com and contact the REALTOR® on that listing or yard sign, you need to know you are contacting the representative for the seller – commonly referred to as the “listing agent.”

Sellers and their REALTOR® (the “listing agent”) have a written contractual agreement outlining their relationship. It’s called the Exclusive Listing Agreement. It outlines the REALTOR®’s role as the listing agent, how they will market the property, the commission and the terms of the listing.

A REALTOR® working as the “Listing Agent” represents the Seller

In short, the REALTOR® acting as the “listing agent” has a legal obligation to work on the seller’s behalf. Their job is to get the highest possible price and

1,180 Views, 0 Comments

Tools used in home improvement

By: G. M. Filisko

When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix.

Trying to decide whether to buy a fixer-upper house? Follow these seven steps, and you’ll know how much you can afford, how much to offer, and whether a fixer-upper house is right for you.

1.  Decide what you can do yourself.

TV remodeling shows make home improvement work look like a snap. In the real world, attempting a difficult remodeling job that you don’t know how to do will take longer than you think and can lead to less-than-professional results that won’t increase the value of your fixer-upper house.

  • Do you really have the skills to do it? Some tasks, like stripping wallpaper and painting, are relatively easy.
721 Views, 0 Comments

Kitec Plumbing System; Credit: Kitecsettlement.com

Photo Credit: Kitecsettlement.com

During the housing boom from 1995 to the downturn in 2007, thousands of homes were built in Rio Rancho and Albuquerque’s west side.  Many of those new homes installed Kitec plumbing fixtures.

Even though Kitec was recalled in the late 1990’s, some New Mexico builders continued to use the product. This has left many Albuquerque and Rio Rancho homeowners at risk of structural damage and massive flooding. Because of the type of damage it can cause, Kitec repairs can range upward of $20,000.

In this multi-part series, we will provide you with information you can pass on to your clients and information you need to know as a REALTOR® about disclosure requirements for legal cases like Kitec Plumbing

947 Views, 0 Comments

Pile of money

By: Donna Fuscaldo
Source: HouseLogic

Energy tax credits on select improvements available through the end of tax year 2016.

If you upgraded one or more of the following systems last year, you may be eligible to take a tax credit -- up to $500 -- on your return.

  • Biomass stoves
  • Heating, ventilation, air conditioning
  • Insulation 
  • Roofs (metal and asphalt)
  • Water heaters (non-solar)
  • Windows, doors, and skylights

The energy tax credits are small, but at least a credit is better than a deduction:

  • Deductions just reduce your taxable income.
  • With a credit, you get a dollar-for-dollar reduction in your tax liability: If you get the $500 credit, you pay $500 less in taxes.

Limits on IRS energy tax credits besides

640 Views, 0 Comments