21st June 2008

Magnificent Corrales Estate

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Welcome to this casually elegant estate situated on a magnificent 1.02 acre cul-de-sac and view lot! Discovered in Corrales; a community currently ranked as the 19th Best Place to Live in America! Special features include gorgeous travertine floors, modern stainless appliances, two jetted tubs, central vac system, hand-crafted ceiling beams, whole-home surround sound, state-of-the-art security system, and ample outdoor living space in any of the four sprawling gardens.

View a floorplan (.pdf)

Details

20 Balboa Ct NW Bedrooms 3
Corrales, NM 87048 Bathrooms 3
County: Sandoval Floors 1
MLS # 615988 Sq. Ft. 3207
HOA: none Lot 44,431
Price $725,000 Garage 3
Year: 2004 Age: 4

Property Amenties

Kitchen Island LR/DR Combo MB Shower & Tub
Convection Oven Breakfast Nook MB Jetted Tub
Dishwasher hand-craft ceil. beams MB Double Sink
Disposal Walk-In Closets Attached 3-Car Garage
Kiva/custom/wood FPs Refrigerated A/C Walled front/backyard

Albuquerque MLS Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Keller Williams Realty

Direct: 505.261.0389
Email Ashley

Or visit these pages:
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Albuquerque MLS Search No registration required

posted in Albuquerque Living, Corrales NM Real Estate, Luxury Real Estate | 0 Comments

21st June 2008

Earnest Money Defined

Define: Earnest Money

                                    Earnest Money : A deposit made by a purchaser of real estate to evidence good faith.

 

Simply stated…An amount of money offered with the purchase agreement to show the sellers that your are serious about purchasing their home. A homeowner will want to know this before agreeing to take their home off the market. Typically in Albuquerque, earnest money can range from $1,000-$1500 for less than $250,000 and $3,000-$5000–up to $500,000. This is always negotioable, but needs to be reasonable to the seller. Earnest money is generally held in escrow with a title company in Albuquerque and is credited to the buyer at closing. .

For brief definitions of other terms, visit my Real Estate Glossary.

Albuquerque MLS Search

For Albuquerque real estate information contact:

Ashley Drake Gephart, Associate Broker, REALTOR®
Keller Williams Realty

Direct: 505.261.0389
Email Ashley

Or visit these pages:
Albuquerque NM Real Estate
Albuquerque Home Value - Complimentary CMA
Albuquerque MLS Search No registration required

posted in Albuquerque NM Real Estate, Buyers Tips, Real Estate Terms, Sellers Tips | 0 Comments

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