Short Sales

By admin on Oct 10, 2011 | In From Penny | Send feedback »

Link: http://www.alamobritt.com

WHAT IS A SHORT SALE?

A short sale occurs when a property sells for a price that is insufficient to pay back the loan(s) secured against it (or any other liens against the property, such as delinquent property taxes, Homeowners/Condominium Association fees, etc.) as well as standard sales closing costs. In such a case, in order to complete the sale, you, as a Seller, must either: (1) come to closing with sufficient cash from other sources to cover these shortfalls; or, (2) your lender(s) must agree to forgive all or a portion of the amounts you are 'short' or make other arrangements for repayment (such as an execution of a promissory note). The second alternative is commonly known as a Short Sale. Your lender will generally not allow you to receive any proceeds or otherwise obtain any monetary benefit as part of a Short Sale.

Wine Fest/Getting to know Las Cruces

By admin on Oct 9, 2011 | In From Penny | Send feedback »

Link: http://www.alamobritt.com

I had a great day today at the La Vina Wine Fest.  Driving  through Old Mesilla  reminded me of when we used to go for a country ride  in England, with lots of  green trees and  fields  full of produce. At the wine fest there was fine food, arts and crafts and great wines.   This is one of the reasons why  people want to live in New Mexico, where one can sit,  relax, and enjoy  a  glass of wine, while listening to the music.  It was great.

I am never to busy for your referrals

My dream home

By admin on Oct 7, 2011 | In From Penny | Send feedback »

Hello,

I relocated to Las cruces  from Alamogordo, NM and when we got to Las Cruces I the Realtor did not know whether to build a new home or get a used home my thought was been there done that.and to our surprise we are building the home of our dreams. And yesterday my husband and I along with Molly ( our yorkie) went to see if any progress had been made.  To our surprised there was and it is about to break ground. I have been asked do you ever  get fed up of looking at homes.  No I don't it is still so exciting for us  to see our  dream home coming  together. And that is why I am inviting all of  you to come along with me on my magical journey of building our dream home in Las Cruces, nm.

And when you are ready to buy your dream home whether you are going for a new home or resale I will be here for you.

And I am never to busy for your referral's.

 

 

Glad to be here in Las Cruces

By admin on Oct 6, 2011 | In Misc

Hi, My name is Penny Santiago and I know how to make your real estate dreams come true!

Hello,

My name is Penny Santiago and a native of the United Kingdom.  I have been a Military spouse  and traveled all over the world with my husband and three children.  After my husband retired from the Military after 20 years we settled in El Paso Texas and I have grown to love the Untited States as my 2nd home.
Knowing how stressful it was in buying our home I knew that I wanted to be a Realtor to help make that transition for families.   I knew what it was like finding a home , getting a mortgage finding the right school's for our children and I have never regretted my career. I love what I do finding the right home for the buyer and helping the seller's  to sell their home it all goes hand in hand.
When you are looking for your agent remember we are working for working for you.  I will give you my time and commitment whether you are a buyer or a seller.  I invite you to log on to www. alamobritt.com where you'll find access to Multiple Listing Database, Local news, virtual tours,open house information,community videos, etc Once you're there, sign up for my Realty Watcher and be automatically notified when what your looking for hits the market. Be sure to bookmark the site as my team and I work hard to make it the most comprehensive real estate site for this area.

I hope you consider me when you're looking to buy or sell.

Tags: penny, real estate, satiago