Buying A Home

Buying a home can be an emotional experience, like sticker shock when first seeing Santa Fe prices. Santa Fe real estate is pricey. It is difficult (but not impossible) to purchase a quality home here for less than $500,000. The tradeoff is that the Santa Fe real estate market has been remarkably rewarding. During the current nationwide housing slump, sales of Santa Fe homes costing more than $500,000 have increased. Prices also have increased. During the period 1995 to second quarter 2007, the average price of a single family home increased 112 %, or an average of 8.6% per year (MLS data). A quality Santa Fe home is an excellent long-term investment.

Ann suggests that the first steps should be pre-qualifying for a loan (if one is needed), deciding on a price range and thinking about physical requirements, such as your preferred school district, a mountain view or a golf course lot. Ann can then review Multiple Listing Services and select a number of homes of which you may do virtual tours.

As helpful as virtual tours and pictures are, there is no substitute for a house-by-house search. Here Ann’s in depth knowledge of the market and the community is a great advantage. And Ann is patient. Some of her clients have taken three or four years to find the house of their dreams.

Making an offer and negotiating a contract takes strength and skill. Ann’s successful business career before becoming a broker and her 19 years of buying and selling houses have taught her how to close a deal. During her career, Ann has closed $100,000,000 in residential real estate sales.

She drafts the purchase agreement and advises on contingencies, such as title insurance binder, inspections, survey, government requirements and restrictive covenants. And, of course, she is there to represent you at closing with the title company.

Ann is there with you from the initial interview till the day you move into your Santa Fe dream house.