Affordable New Homes For Sale in Albuquerque, NM
Twilight Homes of New Mexico has built a solid reputation for quality, innovative design, customer satisfaction and lasting value. Teaming up with some of the best in the business, from prominent architects to skilled craftsman, to the foremost landscape and interior designers, Twilight Homes of New Mexico transforms personal visions into customized homes of distinction.
Albuquerque has easy access to a growing modern downtown, shopping, and an excellent historic district with shops, restaurants, and entertainment venues. Albuquerque has become a hub for craft breweries, new homes, residents have their choice from over 30 breweries in town, many with national recognition.
Albuquerque is the largest city in New Mexico, located in the middle of the state, at the crossroads of two of the nations largest interstates. The city’s metropolitan area has a population of 887,077. “The Albuquerque metro area is largely situated in the Rio Grande Valley and on the mesas and piedmont slopes rising on either side of the valley floor. The Sandia and Manzano mountains rise abruptly from the eastern edge of the city with Tijeras Canyon separating the two ranges.”
Our well designed, award winning New homes for Sale in Albuquerque NM will provide comfort, reliability and the satisfaction of knowing you have made the right decision with one of the largest purchases in your life. Nearly all of us pay a monthly housing payment. Some pay a landlord, others pay a mortgage company. In both cases that payment is building equity in the place where you live. The question is, whose equity are you building? Equity for you and your family, or for your landlord?Doesn’t it make sense to explore the option of owning your own new home? You may be surprised at the affordability.
Many renters think that they just can’t afford a new homes. And they are pleasantly surprised to find that a house payment is very comparable to their monthly rent, when considering the after tax equivalent. Most of a new house payment is made up of mortgage interest and real estate taxes (up to 90% of the monthly payment is some cases).Since these are tax deductible, the actual cost of the after tax equivalent mortgage payment is much less than you think. The exact amount is determined by your specific tax situation.
After your loan has closed, it is sold to Wall Street where it is packaged and pooled with other loans into large bonds. These bonds are typically backed by government agencies such as FNMA (Fannie Mae), FHLMC (Freddie Mac), and GNMA (Ginnie Mae for FHA & VA loans). Since these agencies are guaranteeing the mortgage bonds, they are very particular about setting the requirements for each loan that goes into them. These requirements are called “Underwriting Guidelines”.
