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<Back to Page 1			Property 67 of 100 Selections

Home in the Valley of the Pines

$450,000 SOLD!

Photo of 6 Ace Barnes Road, Red River, NM, 87558.

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Mountain resort home... :Sells completely furnished & ready to move in
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Address:	6 Ace Barnes Road
City/ST:	Red River,NM
Zip Code:	87558
Location:	Red River, New Mexico
Property Type:	Single Family Home
New or Resale:	Resale
Square Footage:	3076
Bedrooms:	5
Bathrooms:	3 full, 1 half
MLS#	00000000
Last Updated:	11/3/2008 4:26:27 PM
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Located high in the mountains of Red River, New Mexico, a summer and winter paradise awaits you in the Valley of the Pines. Close to Angel Fire, Taos and Red River ski areas, many other outdoor activities are available. The home, remodeled in 1995, features 5 bedrooms and 3.5 baths. There are two living areas and a gourmet kitchen. The home will sell completely furnished, including dishes and cookware. There is a two-car garage/workshop with an apartment upstairs, four snowmobiles and many shop tools. Come see for yourself the wonder, charm and quaintness of this summer and winter wonderland.

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First Time Buyers >The Seller May Pay

The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.

One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.

Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.

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Q	What is the most populous state in the United States?
A	California, with 35.9 million people.
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Brian Smith, REALTOR®, real estate agent and broker for North Texas ranch and country properties, Texas home listings, property and land for sale - NUMBER1EXPERT

Brian Smith
Dave Perry-Miller & Associates
6025 Luther Lane
Dallas, TX 75225
Phone 1: 972-588-8300
Phone 2: 972-380-3319
Fax: 214-522-8644
Email: brian@countryconnection.com
No matter the amount of land or acreage for which you may be in the market, no matter what your real estate goals may entail - if they involve the country, Brian Smith has the experience, know-how and energy to make your goals a reality. Just call or email today!

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