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Follow up on County farm purchase

Posted at 10:02 AM, Feb. 1, 2010

I apologize for not following up on the County farm purchase and possible attempt to rescind the sale.  The County Commission did vote unanimously to halt discussion of this transaction.  Luna County will now attempt to sell the farm and recoup the money spent.

Thank you Luna County Commissioners for putting an end to this.


A New Scam!

Posted at 8:38 AM, Feb. 1, 2010

 

Beware, owners of Deming Ranchettes and Sunshine Valley Ranchettes!  A new scam is afloat. Owners are receiving calls from a company called United Property Sales.  These folks are telling owners that there is a new casino going up in the area near their property and property values are going up!  They are quoting prices between $20,000 and $40,000 for one or two lots in these Ranchette subdivisions.   They even have a website showing these properties for sale at these prices.  Of course there is no way of know if any of them are selling.

 

The Luna County Assessor has these properties assessed at $600 each.  They may sell for a little more than that, but not much.  Of course the worst part is that they are requiring a $2000 fee up front.  I don't know what they are calling the fee and also don't know if it varies from property to property but that's how they are making their money. 

Everything on the MLS in Deming/Luna County is available on our website at http://c21drc.com.  Check out the Ranchette listings there and that will give you a more realistic picture.  There is a casino at Akela which is approximately 20 miles from Sunshine Valley Ranchettes but the only thing open is a restaurant and a smoke shop.  The Apache Indian owners are still working on the gambling permit.  Even if gets up and running it is not going to greatly affect the value of the Ranchettes.  There are approximately 80,000 Deming Ranchettes and 20,000 Sunshine Valley Ranchettes in Luna County.  It is going to take more than a small casino to affect the value.

A good thing to remember is that if you list your property with a reputable real estate broker you probably will not owe for the commission or listing fees until the property closes.  If that is not the case, ask around!  Another thing to remember...if it sounds too good to be true, it probably is.  Keep your thoughts realistic.  Don't fall for this scam!


Ordinance 37 is back!

Posted at 8:13 AM, Feb. 1, 2010

 

Ordinance 37, the Land Use Ordinance, is now being revisited.  Since the Ordinance revision was passed in late 2006, all three commissioners have been replaced for one reason or another so these are all fresh commissioners.  There have been several public forums and the members of the public are allowed to give their input.  This is going to be interesting.  One of the largest concerns from the public is minimum lot size.  At this time the Ordinance states that one must have at least 2 acres of land to be able to develope with a well and septic system and leach field.  The State of NM Environmental Improvement Division now requires 3/4 acre for a well and regular septic tank and leach field.  If the lot size is less than 3/4 ac., one must install an advanced treatment septic system.  There is a provision in the Ordinance for a "hardship" variance but the owner must prove he has made every effort to obtain adjacent property and meet other requirements.  Since the Deming Ranchettes and Sunshine Valley Ranchettes are 1/2 acre lots, it would take 2 lots to meet EID requirements.  At this time it takes 4 adjacent lots to meet Luna County requirements.

Stay tuned for further developements.


County may rescind sale

Posted at 8:05 AM, Nov. 2, 2009

 

November 2, 2009
Luna County Commissioners:
Javier Diaz
Fred Williams
Debra French
Luna County Administrator John Sutherland
 
Dear Commissioners and Mr. Sutherland;
This letter is regarding the attempt to rescind the purchase of Sunnyside Farms. This letter is from me and in no way reflects the opinion of the Deming/Luna County Board of REALTORS®.
I understand that you have concerns regarding the purchase of the farm in 2008, or whenever it was, but how can you possibly simply rescind a sale that happened over a year ago?   When any other purchaser makes an offer on a farm, ranch, commercial property or even a residence, the contract is written contingent upon whatever research or testing needs to be done and all that is satisfied prior to the closing. The County had ample time to do any testing they thought necessary prior to the final closing of this transaction. It happened. The transaction is complete.
By Luna County telling the Sellers “We don’t want this farm anymore,” simply says to the citizens of Luna County that “We are bigger than you and do not have to follow the same rules of conduct.” This is just one more way of saying that your Government has ultimate control and the citizens have no rights. Especially at this time, this is not a good message to private citizens.
If you are to make this recession happen, what sort of precedence are you establishing? If I sell a house to someone and a year and a half later, the buyer decides he doesn’t want the house, is he going to be able to go back to the seller and say, “I want my money back?” That’s a pretty scary thought.
Concerned,
 
Totsie Slover, Broker, CENTURY 21 Deming Realty Co.
Cc: Sunnyside Farms
       Deming Headlight

 

 


Southwest NM State Fair

Posted at 8:59 AM, Oct. 5, 2009

The Southwest NM State Fair was held last weekend and there seemed to be a good turnout. The Fair Queen Contest was full and had lots of entrys, especailly in the younger groups. There were people watching the parade and several entrys in that as well.  The best thing is that the Jr. Livestock Auction was a success and brought in just under $100,000!  In a year where the economy is less that great, it was a successful sale.  I guess I have just reached the age that "nothing is like I remember it as a kid!"  Everybody used to go the fair...it was the function of the year.

This is an agricultural community and without the ag generated income, there would be little else.  Imagine this community without the income from the farms, ranches and associated businesses.  Border Foods, Carzalia Onions, all the smaller produce sheds, Diaz Farms, the local "farmer's market" businesses, the livestock auction...  If all of those businesses shut down there would be no economy in Luna County NM except for government jobs.  Is that what we want?  We need to support this community!

Mike and Sherry Ellis, Grand Marshalls

Deming Wildcat Band

Fair Queen Courtney Hurt and Court

Fair Queen Court cont.

Elks Club

Go Wildcats!  That's probabaly the one they used when I was at DHS!

 

 

 

 

 

 

 

 

 

 

 

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Article about REOs

Posted at 8:50 AM, Oct. 5, 2009

I just read a really interesting article about selling REOs by Frances Flynn Thorsen posted on Facebook.  I encourage you to read it as well.  The is very good information here!  You can reach it at:

http://realestatesocialmediapolicies.com.

Fran is a practicing real estate agent in Tucson and is very active in the online aspect of real estate services.  She is the reason I got my ePRO designation.  I also recommend that you find her on Facebook.  She is indeed a "friend!"

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Ordinance 37

Posted at 9:28 AM, Aug. 27, 2009

According to an article in the Deming Headlight this week the Luna County Commission will be "revisiting" Ordinance 37, the Land Use Ordinance.  The Commission, at this time, is waiting for Gov. Richardson to appoint someone to fill the vacated Commission seat.  After that appointment is made and the new Commissioner has time to study the Ordinance, they will open it again for changes.

Also, at a recent REALTORS meeting, we learned from representatives from the County, that it was pretty simple for property owners of lots less than 2 acres to get a variance for developement.  You are on your own on this one, because until there are changes in writing, I don't know what we can possibly tell buyers except to go to the County Planning Office.  I'm sure that the variance is on an individual basis.  Be prepared for another heated public discussion when this is revisited.

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Caution

Posted at 7:54 AM, Aug. 27, 2009

 

In the past few weeks I have spent several hours changing a website and spaces.live account and email address because I did not use caution.  I received several emails from what looked like "the Windows Live Team."  They were telling me that if I did not respond to the email with very specific information about my account that my account would be cancelled.  The first few emails were deleted...then I caved in.  The outcome was that everyone in my contacts list (thankfully that was not many) received an email supposedly from me that I had lost my wallet, was out of the country and I needed money.  Thankfully (again) my friends were smarter than that and contacted me on a different account.

This morning I received an email regarding the upcoming Census.  It is good advice.  Think before you answer questions or give personal information!  Here it is:

 

 

 

 

 

2010 Census Cautions
 
by Susan Johnson - August 3, 2009 12:07 pm
 
Be Cautious About Giving Info to Census Workers With the U.S. Census process beginning, the Better Business Bureau (BBB) advises people to be cooperative, but cautious, so as not to become a victim of fraud or identity theft. The first phase of the 2010 U.S. Census is under way as workers have begun verifying the addresses of households across the country. Eventually, more than 140,000 U.S. Census workers will count every person in the United States and will gather information about every person living at each address including name, age, gender, race, and other relevant data. The big question is - how do you tell the difference between a U.S. Census worker and a con artist? BBB offers the following advice:
 
  • If a U.S. Census worker knocks on your door, they will have a badge, a handheld device, a Census Bureau canvas bag, and a confidentiality notice.
 
  • Ask to see their identification and their badge before answering their questions. However, you should never invite anyone you don’t know into your home.
 
  • Census workers are currently only knocking on doors to verify address information. Do not give your Social Security number, credit card or banking information to anyone, even if they claim they need it for the U.S. Census. While the Census Bureau might ask for basic financial information, such as a salary range, it will not ask for Social Security, bank account, or credit card numbers nor will employees solicit donations.
 
Eventually, Census workers may contact you by telephone, mail, or in person at home. However, they will not contact you by Email, so be on the lookout for Email scams impersonating the Census.
Never click on a link or open any attachments in an Email that are supposedly from the U.S. Census Bureau.
For more advice on avoiding identity theft and fraud, visit www.bbb.org.
 
 
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Losing Private Property Rights???

Posted at 12:55 PM, Jun. 7, 2009

I received the following message from Ric Thom on Friday.  Following is the one he sent out last week.  House Bill 1728 has passed the U. S. House and is now in the Senate.  Please read this.  Thisbill, if passed would greatly impact your ability to owner finance your own property.  This would be removing one of the most basic rights of private property ownership.  Read this and then contact your Senator today!  There is a website address in the body of this message to find email addresses and phone numbers for you Senators.

Thank you Ric for taking such an active role and for passing the information along.

Totsie Slover

 

This is another important message from Ric Thom, President Security Escrow Corporation, Albuquerque, New Mexico.
 
June 5, 2009
 
Property Transfer Could Hinge on IQ and Net Worth If HR 1728 Passes As Is.
 
On May 26, 2009  I wrote about Congress restricting owner financing and how HR 1728 limits a property owner to selling only 1 property every 36 months if offering owner financing (HR 1728, see 101 definition (3)(E).  This is just one more taking from our bundle of property rights.  A copy of that letter is attached below.
            In response, a group in DC pointed out that you could still use owner financing if you want to sell more than 1 property in a 3 year period if you register as a mortgage originator under the act.
 
EASIER SAID THAN DONE
 
To register as a mortgage loan originator you have to do the following:
1.      Put up a $50,000 surety bond or meet minimum net worth requirements
2.      Complete 20 hours of education on federal law, state law, and mortgage products
3.      Pass a test with 75% proficiency
4.      Pay an application fee
5.      Prove you have not been foreclosed on in the last 3 years
6.      Submit to a criminal background check
7.      Supply a credit report
8.      Demonstrate financial responsibility
9.      Prove you have no outstanding judgments
10. That you have no tax liens
11. That you have not had a seriously delinquent account within the past 3 years.
12. Satisfy annual continuing education while selling your property
13. Pay a renewal fee if your property has not sold by Dec. 31st
 
These requirements are listed in the Housing and Recovery Act of 2008.
 
ARE YOU SMART ENOUGH?
 
So now you must pass a test to be able to transfer property.  This is a slippery slope.  It’s taking away our right to dispose of property as we see fit.  What’s next?  If you can’t pass the test you can only transfer private property every 3 years using owner financing.  If you have a nonconforming property for which you cannot get conventional financing, you are in deep trouble.
 
ARE YOU WEALTHY ENOUGH?
 
So now you must prove a net worth, credit worthiness, or put up a surety bond of at least $50,000 in some states in order to sell your property.  How does this help the consumer or property owner?  If you have a poor credit history, you will not be able to become a mortgage originator in order to transfer your property using owner financing.
 
BACK DOOR TRANSFER TAX
 
The cost of continuing education, test fees, registration fees (paid to the government), surety bond fees, etc. would be oppressive on lower income families.  I’ve been told this could range from $1,500 to $2,500.  All this because you own property and want to offer owner finance terms.  If the value of your property is $20,000 you just paid a 10% tax.
 
This is a non-partisan issue.  This is about the government taking and limiting our ability to transfer or dispose of our real property as we see fit as granted under the 5th Amendment of the United States Constitution.
 
Owner finance, also called seller finance, is not a loan.  It is an installment sale.  The owners agree to receive their equity in the property from the buyer over time on terms negotiated between the two of them.  No points are charged by the owner. There is no loan.  There is no third party lending involved.
 
This bill passed in the House and is in the Senate.  Its intent was to create standard practices and a national registry for mortgage brokers who originate home loans for the masses.  The private property owner who wants to sell their vacant land, farm, ranch, land and mobile home, residence, rental house, etc. using owner financing should not be regulated and restricted by this bill.
 
Ask that owner financing be exempt from HR 1728.  No compromises.  We pay the people we trust to represent us.  Let them know this is not right.  Protect our basic right to transfer property we own.  You know who to write.  Please pass this on.
 
Thank you,
 
Ric Thom
President
Security Escrow Corporation
Albuquerque, NM
(505)266-3487
 
Copyright 2009
 
PS.  If you do not want anymore emails from me regarding this issue, please reply with a “do not bother me anymore” in the subject line.
 
 
May 26, 2009
 
HR 1728:  The Taking of Private Property Rights
 
Congress is trying to greatly restrict seller financing.  This is a taking of our private property rights.  The US House recently passed HR 1728 which limits you as an individual to sell real property using seller financing to only once every 36 months (HR 1728 Sec 101 Definition (3)(E)).
This bill was written to amend the Truth-In-Lending Act to regulate residential mortgage loan originators.  This stems from the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, or S.A.F.E, which established a national registry and standards for mortgage brokers.  This is all directed at mortgage brokers, mortgage companies and banks.  These are third parties that provide loan proceeds to the buyer to purchase property.  That’s a good thing, but for some reason Congress has included private property owners who wish to sell their property using seller financing.  Seller financing is where the buyer and seller negotiate a price, a payment plan, and interest rate.  It’s an installment sale where the buyer pays the seller monthly and the buyer gets the use of the property.  This is a frequently used method of buying and selling real estate especially in this economy of tight money.  Banks are just not lending on, or are requiring huge amounts of cash down on, certain types of properties.  Seller financing is used tens of thousands of times every year, if not hundreds of thousands of times, to sell real estate.  In New Mexico alone, with a population of fewer than 2,000,000, it is used over 5,000 times a year.
These acts are over-reaching and will have unintended consequences.  The definition of a residential mortgage loan according to the Housing and Economic Recovery Act of 2008 means any loan primarily for personal, family or household use that is secured by a mortgage, deed of trust or other equivalent consensual security interest on a dwelling or on residential real estate upon which is constructed or is intended to be constructed a dwelling (Sec 1503 Definition (8)).  This means any vacant land would fall under this act.  A dwelling can be a house, condo, or mobile home.    Here are just a few examples of the consequences:
·       Let’s say you are about to lose your home and you need another $1000 a month to make ends meet.  You decide to sell your five acres in the mountains and your 1982 single-wide mobile home on one acre by the lake to make your mortgage payment.  Banks are not lending on these types of properties and you need a quick sale, so you use seller financing.  The problem is you need to sell both to get an extra $1000 per month, but the government has prohibited you from doing so because of the one every 36 month rule.
·       Suppose you have a self-directed IRA.  Every year you buy property with cash out of the IRA.  You then sell it using seller financing so you can get a 6% interest rate.  You will be prohibited from doing so under the Act.
·       Let’s say you have four rental houses that you own free and clear.  Part of your retirement plan was to sell them using seller financing with a 6 to 7% interest rate and a 30 year amortization providing a nice, monthly income.  You don’t want cash because CDs only pay 2% and you already lost money in the stock market.  But, under this act you are prohibited from selling them now.  You can only sell one every 36 months.
·       This could prohibit Habitat for Humanity from offering seller financing.
These scenarios go on and on.  They are as unique as the individuals and the properties.  Real estate is not just a house in a California suburb.  It is also vacant land, non-conforming housing, land and mobile home, duplexes, triplexes, farms and ranches, and recreational properties.  These types of properties would fall under the Act.  Not everyone invests in the stock market.  A lot of people invest in the above types of real estate.  Not everyone wants to cash out when they sell their property; some people like seller financing for the income stream.  Most states have escrow companies that hold the deeds or releases for buyers and sellers.  They also keep track of the principal and interest and report interest to the IRS.
This bill takes away our right to use seller financing as we see fit.  House Bill HR 1728 should exempt anyone who offers or negotiates terms of a real property sale financed in whole or in part by the seller and secured by the seller’s real property.
Why should individuals who had nothing to do with this crises be punished for the sins of the greedy Wall-Streeters?  These acts are for mortgage machines, not Ma and Pa.  I know the government is concerned about predatory practices, but is seems the local district attorney would be a more effective hammer than to regulate, restrict, and police every real property owner in America.  Besides, seller financing is not lending.  It is an installment sale. The seller has agreed to receive their equity over time, plus a negotiated interest rate.
House Bill HR 1728 is headed for the US Senate.  Please write your senator and have them exclude seller financing from these acts that are supposed to regulate the previously unlicensed mortgage brokers.  Write your state’s Realtor Association and the National Association of Realtors and ask them to help stop the government from taking away our right to sell our property the way we want to and when we want to.  There should not be any restriction on how many properties we sell during a certain time period.
What’s next - just one transaction every 5 years, or no seller financing at all?  This restriction is the last thing America needs in this great real estate compression.  Please act now.  Exempt Seller Financing From HR 1728.  Please forward this to anyone you think should know about this issue.
 
To locate your Senator go to http://www.senate.gov/senators
To locate your state’s Realtor Association go to:  http://www.realtor.org/leadrshp.nsf/webassoc?OpenView
 
For further information contact:
Ric Thom
President
Security Escrow Corporation
Albuquerque, NM
(505)266-3487
 
Copyright 2009
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More activity in the market

Posted at 9:13 AM, Jun. 2, 2009

There is more activity in the real estate market in Deming, NM!  Yay!  Now for the rest of the story.  We have sold homes and that is a very good thing.  The flip side of that is that the ones we have sold have been further below list price than in the past.  Some of the homes under contract are with relocation companies and they want the homes off their inventory.  Some of the homes sold have closed at a lower price than the agreed upon offer because the appraisal came in lower because there are few comparables.  And, some of the accepted offers have been well below list price because the seller was motived to take the offer from the qualified buyer because he didn't know when another one was going to come along.

Buyers, now is the time!  There are still good interest rates and sellers are negotiating. 

Sellers, when you get an offer think about it seriously.  If you "need" to sell your home, think about how many months of payments you will make before another offer comes along.  Sometimes $5,000 less than you want isn't as much as it seems.

Don't misunderstand.  I am not advocating giving your house away.  And I'm not telling buyers to low ball offers.  I am simply stating that there are many homes on the market and few buyers.  Just think about how you can make an offer work.  Talk it over with your broker and consider alternatives.  Look at net sheets with different prices and think about how long it will take for monthly payments to eat up the difference.  If you don't "need" to sell, you may certainly hold on until the prices start coming back up.  Each and every transaction is unique.  The seller and buyer will be the ones to make the decision.  We are just here to help.

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Crossing the Border

Posted at 9:02 AM, Jun. 2, 2009

As of June 1, 2009 to cross the border (either into Mexico or Canada) and then come back into the United States you will need either a Passport or a Passport Card!  I spoke with Dan at the Post Office yesterday and found out that a Passport Card requires everything that a Passport does and there is a waiting list at the Deming Post Office until August to get it back.  If you are in a hurry you can go to Las Cruces to get a Passport Card but be prepared to stand in line for 4 hours or so.  As I understand it, you will then have a tempory card, that will allow you to come and go, until your permanent card is complete. 

If you are like me and put off getting your Passport when Homeland Security extended the requirement, you are in trouble.  No margaritas at the Pink Store for a while!  There is a link on http://c21drc.com to the State Department website where you can find answers to any questions.

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Howard G Staub

Posted at 10:06 AM, May. 5, 2009

Howard G. Staub was (Posthumously) inducted into the Hall of Fame of the Cowtown Society of Western Music May 2, 2009 in Mineral Wells, TX.  It was indeed an honor to accept the award on his behalf.  I am so proud of his accomplishments in his short lived career as a radio disc jockey playing Western music and cowboy Porty.  It was a passion of his and when he started he hit the ground running.  He made such an impression on the musicians and other disc jockeys that when he had been in the Western Music family only a year he was elected to the Western Music Assn. Board of Directors.  The sad thing is that he was struck with brain cancer just a few weeks after the election and never made it to his first meeting. 

I am very proud of my husband and so very glad he re-introduced me to Western Music and Cowboy Poetry and to the great people who are involved in the Western Music family.  Partly as a tribute to Howard and partly because I love it as well, I have started doing the radio show again.  The Real West from the Old West is again on the airways at 1230AM KOTS, Deming, NM and at http://demingradio.com.  The show for as long as I do it will be dedicated to the memory of Howard G. Staub. 

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Market update

Posted at 9:35 AM, May. 5, 2009

Good morning to you all!  This is just an update on market conditions.  As of the end of April, 2009 in the Deming Multiple Listing Service, we sold a total of 42 residences with an average price of $91,969.  Last year in the same time we sold 57 residences with an average price of $104,521.  The is approximately a 35% decrease in amount of property sold.  

I'm telling you this for two reasons.  The first is that it's a good time to buy.  If we haven't hit bottom yet and we are very close to it from all the expert opinions your hear and read.  The interest rates are very low and if your credit is good and you have the income and down payment, you can get a loan!  You might want to contact a loan officer and prequalify.  Then you will know what you can afford before you start shopping.  You don't want to fall in love with a home that you cannot afford.  Other homes pale in comparison and you are not satisfied.  Shop in your price range.

The second reason I'm sharing these stats with you is that as a Seller you must make your home as attractive as possible to a potential Buyer.  Keep the outside clean, the inside clean with as little clutter as possible.  Be reasonable with viewing appointments and most of all be realistic with the price.  You have lots of competition out there.

There are great properties out there.  Call us when you are ready to buy!

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Updates on many topics

Posted at 8:32 AM, Apr. 26, 2009

Good Sunday morning to you!  It's cool and a little breezy here but it's beautiful.  It would be nice to have a little rain, but it seems as if that is not meant to be...here....now.  But we're in the desert....we know about that.

In the past, almost 26 years, there have been times when I actually thought I knew something about real estate.  As most of you know, the past 16 months have been particularly difficult for me.  And as I have found out, stress of that kind has a diffinite impact of ones ability to remember and to concentrate.   Since I'm adjusting to my new life, I have tried to become more aware of what is going on around me and have decided it's time to start over....that I know nothing.  Let's look at these items.

First of all, I'm still having trouble remembering that all real estate licensees in New Mexico are Brokers.  You refer to non qualifying brokers as "agents" for 20+ years and it becomes a habit.  I'm working on it though.  I really know you are all brokers.

Next, in the real estate world in New Mexico, is the ability for real estate licensees to sell manufactured homes.  In the, not too distant, past real estate brokers were allowed to sell manufactured home only if they were on the tax roll as real property and the title had been deactivated.  After years of work, it is now legal for real estate brokers to sell manufactured homes, IF there is an approved installation permit, either an original or the unit has been inspected by Manufactured Housing and a permit issued, even though it is not on the tax roll as real property.  This is good but also has drawbacks.  You will need to ask further questions.

Also: there are HUD homes on the market at this time.  We in Luna County are lucky enough to have few of them, but here are some.  There are a whole set of issues with these properties.  Frances Flynn Thorsen has a class on HUD Homes at http://www.facebook.com/ext/share.php?sid=76345297942&h=hc0kC&u=Uc5II&ref=mf.  for real estate brokers.  It is very informative.  You might want to check it out.

Then: there are "Short Sales".  Be sure you do your homework if you are contemplating listing a home that is in jeopardy of going into default.  This statement is meant both to Seller and to Broker.  There are Brokers out there who are making money, there are just many things you have to do to make it work.  The most important thing and sometimes the hardest, is to maintain a constant communication with the seller's lender.  There is also added liability for the Broker.  Learn as much as you can!

Having said all or that....there is more activity.  There are more buyers at least asking questions!  So...onward and upward!

Have a great Sunday!

 


Market improvement!

Posted at 8:21 AM, Apr. 19, 2009

In the past couple of weeks there seems to be a marked increase in inquiries by email, phone and walk ins and several offers have come into the office.  There are mostly $150,000 and below but at least it's activity!  It is so nice to see people scurrying around again!  The biggest problem we are having at this time is getting appraisals to come in at sales price.  There simply are not enough sales out there to satisfy the lender.  How do you improve that situation?  It's hard to close sales when there are no comps, but there are no comps because we cannot close sales.........  Where does that leave us?  It's like a recent graduate looking for a job and getting turned down because she has no experience!

The lenders seems to have swung 1800 from where they were.  A couple of years ago if Mr. Buyer came close to being qualified and the appraisal had reasonable comparables we closed the deal.  Now the comps have to be within 6 months, the closest comp is the best (whether a distressed sale or not), the statistical trend figures in, the adjustments have to be closer than ever and buyer's qualification is much tougher.  I understand that the lax rules from a few years ago are the reason we are in this situation but there needs to be some logic in place.  We are in a very small market area.  It has always been tough for appraisers to find good comparables. Now it is nearly impossible.  They need a little leeway.  Otherwise, how are we ever going to get out of this situation?

We have many nice homes on the market now at good prices.  Now is the time to buy!  Check your credit report and make sure there are no mistakes on it.  That happens!  And when it does it take time to correct.  Pay down your credit cards and don't go buy a new car!  Then go to a lender and qualify for a loan and start shopping!  You can buy the new car after your house closes!

It is improving.....it will just take a while.  Be part of the solution....buy a house!  

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Easter Sunday 2009

Posted at 5:54 PM, Apr. 12, 2009

 

It is Easter Sunday afternoon.  The weather is cool and breezy but from the looks of weather maps it could be a lot worse.  I had dinner today at The Adobe Deli with my mother and a friend.  Life in a small town is great!  You have friends everywhere you turn.  If you are in a bind, there is always someone there to help.  If you want to have fun, there is someone there to help with that too.  What would we do without them?  Hope I never have to find out.

We have a new County Commissioner.  Gov. Richardson appointed Fred Williams to fill the vacancy on the Commission.  I recently met Fred and he impressed me so much.  He is so calm and cool and seems to be in control of whatever he is doing.  He seems like a person who will think things out before making a decision.  Congratulations to the Governor for the insight and to Fred Williams for getting the appointment.  I don't think we could be in better hands.  Now, lets get back to the business of doing the County's business. 

 

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Rambling

Posted at 5:56 AM, Mar. 23, 2009

Why is it that we try to do everything at once???  Here I am on March 23 and haven't taken my tax papers to the accountant and I'm making all these other plans of things I want to do RIGHT NOW.  I want to start my radio show.  I need to finishing getting the books unpacked, categorized and advertised for sale.  There are hundreds of gun books, history books, hunting books and many others that need to be sold.  There is a truck load of items that need to be going to gun shows.  Where is the time???  And then there is also the real estate business that needs my undivided attention.   That would be the place to start!  So, I'm starting!  With my blog!  Got that prioritized, didn't I?

The real estate market in Deming, NM seems to be waking.  There are more people looking at homes than there have been in many months.  The interest rate is at the lowest we have seen in quite some time and you can buy that house that caught your eye six months ago.  There are loans available to those who have the income, the credit scores and the downpayment.  Don't delay.  Come see us. 

I recently listed a wonderful Santa Fe style adobe home in the older part of downtown Deming.  The main house is 3 bedrooms and 2 baths, has tile and beautiful wood floors, the prettiest yard in town and a great guest house.  Listing #20106244

Linda listed a gorgeous, executive sytle home on 20 acres south of town but close.  It is 2 story, about 4600 square feet and has garages for 6 cars!  It is spactacular!  There are far too many features to list here but you can log onto http://c21drc.com and search for listing #20106115.  It's a steal at $460,000.

If you have need of a mother-in-law suite, there is one southeast of town on 3 acres with a complete apartment in the "west wing".  The suite would also make a super game room area.  Great for entertaining with it's own kitchen.  There a many possibilities.  Listing #20103866

We also have a beautiful home in SamAllen Subdivision in town with 3 bedrooms and 3 baths and a huge family room.  The back yard is beautiful with a covered porch, a private sitting are in the back of the yard and a fish pond.  The landscaping is wonderful and for under $200,000!  Listing # 20103701.

That is but a few of the homes we have on the market right now.  We can find the house you are looking for.  Give us a call at 575-546-8818.  The time is right! 

And be listening for "The Real West from the Old West" on KOTS AM in the near future.  It will be on Wednesday morning from 10:00 till noon.  You will be hearing western music, western swing and cowboy poetry from talented artists!  It will be fun!  I'll also have a list of books for you to peruse shortly.  And I bet Tamara would like it if I got my tax into to her.  LOL!

Will be back in touch soon.

Totsie

 

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Luna County in Action

Posted at 9:05 AM, Mar. 19, 2009

Today the Luna County Commission is meeting to establish requirements for the applicants for County Administrator.  Also, the list has been sent to the Governor, from which he will select a new Commissioner to replace Eric Jordan for the remainder of his term in office.  These are trying times for the county and I wish the best for the sitting commissioners.  It is time for things to settle down in Luna County so that we can get on with the business at hand.  Times are tough enough with the economic proplems of the country and we as a county need to stand together to make the best of a bad situation. 

Eric Jordan will be missed, both as commissioner but mostly as a person.  I have never know anyone with a bigger, more sincere, smile.  Eric liked most everyone he knew and we all liked and respected him.  He was upbeat, kind and generous.  It seems impossible that he is not still around.  Our condolences and prayers go out to his family.

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Last ride

Posted at 7:14 AM, Mar. 18, 2009

Fred Seybert, Jr. took his last ride behind a couple of beautiful Belgian horses Thursday.  Fred passed away in Las Cruces March 8, 2009 after a rough couple of months at the age of 86.  March 12th his 10 kids and their spouses, most of his 33 grandchildren and their spouses and many of his 35 great-grandchildren were in attendance for his funeral and burial at Mountain View Cemetery, next to his beloved wife Carolyn.  The weather was clear and brisk and it was a beautiful day for a ride.  It was a grand ride for a great man.

Following the pictures will be posted the Eulogy written and presented by Jack Seybert. I don't think there is anything to add.

   Fred Seybert Jr 031

The hearse awaits outside Holy Family Catholic Church.

                                                                         th_IMG_1772 

    The Casket, is loaded into the hearse by the Pall Bearers, all grandsons.

Fred Seybert Jr 031 The horses are ready for the journey to the cemetery.

                                                            Fred Seybert Jr 032 Following the hearse is Fred's "Old Green Truck" carrying 4 of the pall bearers, driven appropriately by Fred Seybert IV.  Fred had put about 300,000 miles driving that truck from construction site to construction site around Deming over the years.  Anyone who knew Fred knew that truck.

Fred Seybert Jr 033 Being pulled by the "Old Green Truck" is an Oliver Cletrac OC-3 Tractor that Fred had restored.

                                                            Fred Seybert Jr 045 Just turned off Pine Street into the Cemetery.

Fred Seybert Jr 051 Truck and tractor following closely behind.

                                                               Fred Seybert Jr 047   Beautiful job by the Pereo's and their horses

                                                                                                                                                                   Fred Seybert Jr 011 He has arrived at his final resting place.

                                                             Fred Seybert Jr 009 Grandsons ready to take their Grandpa to rest beside their Grandma.

Fred Seybert Jr 010 The casket is in place......

                                                                  Fred Seybert Jr 012 The flag is properly draped.

Fred Seybert Jr 001 The Military Honor Guards fold the flag....

                                                                                              

                                                                  th_IMG_1869 And it is presented to Fred Seybert, III, the oldest son, on behalf of the family.

Fred Seybert Jr 019 Good job boys!

The ceremony was beautiful and totally appropriate for Fred Seybert, Jr.  Everything so meaningful to him was there:  the kids, the grandkids, the great-grandkids, the Belgian horses, the "Old Green Truck", and one of the tractors he so painstakingly restored.  It couldn't have been nicer.  I'm sure he loved it.  Rest well Fred.

Congratulation to April, the granddaughter Funeral Director, and all the participants.

Here is Jack's Eulogy:

I am not going to stand here today and tell you that Fred Seybert was a quiet, unassuming, gentle man, with a sensitive personality.

In fact, almost quite the opposite is what made Fred Seybert the great man and example that he was. His childhood experiences of working on the family farm and the depression years forged into him the man he became and because of this, his life and our generation were blessed with traits that have enhanced the lives of us, our children and grandchildren.

The life of Fred Seybert Jr. stands as a testimony that true greatness is not only found in famous and well known people.

Fred Seybert is held in great respect and admiration by everyone that knew him.

At an early age he learned the virtues of self-reliance, hard work, and the determination to accomplish any job. As a young boy he learned to work the family farm, run a line of beaver traps and how to work with horses. He learned the value of hard work and always devoted his full attention to the job at hand.

Although he did not make a public display of it, his love and appreciation of his wife was apparent to us. I remember as a child seeing him and Bill Hatcher, after a breakfast at our home leaving for work at R.S. Palmer’s and he always gave Mom as kiss. He was devoted to Mom and Dad never did recover from her passing in December of 2007. He depended on her, Mom was the center of his life and though he would never admit it, I think he relied on her much more than he would ever admit. They truly deeply loved each other, they honored and respected each other and their marriage was a rich experience and an example for their children.

In September of 2007 I was honored to go to the World War II memorial in Washington D.C. with Dad. I am so thankful for that time together. During those few days together I learned things about him that I had not known. It was as if he reverted to a young man who was once again with his comrades in arms. As all of his children know, he did not talk very much about the war years, or at least the tragedy and heartbreak of war. While on that trip, he spoke with veterans that he had nothing more in common with than the bond of fighting in the same war, yet I felt that as he talked with them it was as if he had known them for years. He never boasted of heroics, or valor, yet he related with strangers and the bond was almost tangible. All we really know about the war years is that Dad was a decorated veteran who bravely served his country. I have always been proud of my father, however in those few days I felt as though I was walking with a giant of a man, an unsung hero that for reasons of his own did not share wartime memories.

Perhaps because of his wartime experiences and the generation that he was a part of, he was nothing if not patriotic. I remember during the 60’s in the midst of violent social unrest, he often became very angry at the events of the day. I was a young boy then and did not understand him. However as time has passed and I have grown and learned from my own life experiences, I now believe it was because he saw those who protested, rioted, and burned our flag as a threat to the very country and way of life that he had fought for. He loved this country and served it not only as a younger man but continued to revere it his entire life.

Another lesson that Dad taught us was that hard work is a virtue. I cannot remember a time that my Dad was not hard at work doing something. My childhood is filled with memories of work. I have come to appreciate that lesson from my father. Simply put, Fred Seybert was a hard worker who never let his family down. Since we were a large family, we all pitched in to help however we could. All of us have our memories of specific jobs.

Working with Dad was a lesson that I will never forget. He was tireless and could do anything. The lessons we have learned have forged our lives, we learned the value of work, the satisfaction that comes from doing a good job, and the rewards of doing a good job for the sake of a good job. Fred Seybert had no tolerance for mediocrity and did not tolerate anyone that did.

As we were growing up in Deming it seemed that everyone knew who Fred Seybert was. I remember going into class at school and a teacher asked if I was one of Fred Seybert’s boys, I went into the United Department store to get some cloths and the person waiting on me asked me if I was one of Fred Seybert’s boys. I did not think much of it then, but later I knew that there was something about being one of Fred Seybert’s boys. This was not only a boy thing, my sisters can attest that this also happened to them. I think that because people knew him and what he stood for, that all his children had something to live up to. Today I am proud to say that I am one of Fred Seybert’s boys.

All of these things blend into the importance that Dad placed on the family. Everything he did was for the family, all the lessons he unknowingly taught us were for the family, he worked tirelessly for the family, he unknowingly taught us patriotism for the family. As we have grown and moved away from his house, and began our own families, we have all remained close and stayed in touch, because of the bond that we learned from Dad. I pray that after his passing all of us will remember the importance of the family and the eternal bonds that bind us together. We are all Fred Seybert’s children and it is important to our generation and those that follow us that we do not let those lessons be forgotten. The strength of the family is an eternal gift that Fred Seybert left us.

We all lived before we were born into this world. When we leave that life, those who loved us there were sad to see us go because they would miss us, and our family here rejoiced at our birth. When we leave this life our families and our loved ones mourn and miss us, however there is a joyous reunion as we are greeted by our loved ones who departed before us. After Mom died Dad never stopped missing her and anxiously awaited that reunion. He knew that death is not the end, he knew of the eternal nature of the spirit, he knew that all it took was his death, to be released from his earthly body to once again be with her. I tell you now that there was a joyous reunion as Fred and Carolyn were reunited at the time of his passing. What he might not have realized was that not only was Mom waiting for him but also were his mother and father, Blanche and Fred Sr, his grandparents and all who passed on before him.

Our Lord and Savior Jesus Christ has marked the path for our return to our Heavenly Father. That path includes eternal family ties that time and even death cannot sever. Because of the life and Sacrifice of Jesus Christ we too can have eternal life and live with our Heavenly Father with those we love the most. Because of this we too will someday leave this mortal existence and have a reunion with Mom and Dad.

Here is a man of unquestioned integrity, who has been known by family, friends, and associates for his undeviating honesty, patriotism and loyalty. He is a man of great courage and a devoted husband and father, someone for us to emulate. All of us are much richer in the things that truly matter by our father and friend.

We have all heard of phrases that we call Fred Seybertisms. So Dad – See you later and “that’s all she wrote”.

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Happy New Year!

Posted at 4:54 PM, Dec. 31, 2008

Happy New Year to all!

2008 is over!  Or will be in a few hours.  This has been a tough year for the whole country but we have survived.  I feel that after January 20 when the Obama Administration takes over the whole tone of the country will change.  And Obama was not my choice....but maybe he is just what we need right now.  The news media will be behind him as they always have been and they will be reporting positive things.  That will make everyone feel better just hearing something positive and those who have money will feel better about spening it.  Just a little of that will make a profound impact on the entire economy!  Now if we could find some investors with money or the ability to get it, and they would invest in some of the repos on the market so the repos are not competing with the existing listed houses, the market will come alive.  If you are an investor and want to make a difference, buy houses!  The rental market (at least in southwestern New Mexico) is very strong.  Rent the houses for a few years, let the market improve and then sell them a few at a time and you will make money!  If you are looking to buy in this area, please remember CENTURY 21 Deming Realty!  LOL!

We have some great homes listed right now and the sellers are motivated to sell.  The weather is wonderful here.  It's a great place to live!  Come on down.  This past week we have been whining because it's been cold at night but today it was nearly 60 and the next week it will be even warmer that that.  It's pretty hard to beat!  2009 will see improvement in everything.  I don't think it's going to be FAST but it will improve.  We look forward to working with you and making us both happy!  God Bless You all and be safe this New Years Eve.  I will be spending the night watching the new year come in with my girl dogs.  They are great company and I won't be on the road.  Stay safe and I wish you all a Healthy, Safe, Prosperous, Happy New Year!

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