Hcs week 16

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Established in 1929

Health City Sun

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www.healthcitysun.com

April 15, 2016

New Mexico’s Legal & Financial Weekly

FORECLOSURE SALES: 5 NOTICE OF SUITS: 2

PROBATE: 15 AUCTIONS: 11 OTHER: 32 SPANISH NOTICES: 0

Three Steps To A New Home

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hether you’re diving into homeownership for the first time or looking to move into a larger or smaller home, here are the three things you should know before you begin your search this spring: 1. Credit is still tight but improving. Mortgage rates are below 4 percent and credit is more accessible after years of stringent underwriting. In fact, an increasing number of lenders now offer loans with as little as a 3 percent down payment. You’ll need a preapproval from a lender to determine the amount of money you’re qualified to borrow. With competition robust in many markets, a Realtor can be an expert companion to finding homes in your price range and, with your preapproval, can market you to sellers as a serious buyer. 2. It may take time to find your “dream home.” The most recent data from the National Association of Realtors (NAR) shows that the supply of existing homes for sale is insufficient, with more buyers competing for a fewer number of homes for sale than a year ago. As a result, you’ll likely be clicking on the same limited online listings and brushing shoulders against those same buyers at open houses. Be prepared to act quickly if you believe you’ve found your ideal home. In markets with tight supply, multiple offers and bidding above asking price are the norm. It’s not uncommon to lose out on a few homes before the right one comes along. A Realtor can develop a negotiation strategy to help make your offer stand out among others.

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Vol. 6.87 No. 16

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TheTime Health City Sun llc. 2012 Prime Publishing 2016

3. Home prices are steadily rising. With demand rising and listings scarce in many markets, NAR forecasts home prices will increase nationally between 4 and 5 percent this year. In cities with the tightest of supply, prices could expand above double-digit appreciation. Be diligent and realistic about what you can comfortably afford. It’s easy to fall in love with a home that’s outside your means. If you find yourself in a bidding war, be prepared to walk away if the price surpasses your budget. Patience is important—the right home will come along when the time is right. When you’re ready to get started, you can find a nearby Realtor at www.realtor.com/GetRealtor and begin the exciting journey to buying a home. -(NAPSI)

Don’t Let Your Car Make Your Allergies Worse

ou don’t have to let the joys of warm weather driving be diminished by the irritating pollen and pollutants that can be drawn inside through your car’s air-conditioning and ventilation systems. Cabin air filters clean the incoming air, removing allergens, as long as they’re replaced regularly. “A dirty or clogged cabin air filter can cause contaminants to become so concentrated in the cabin that passengers actually breathe in more fumes and particles when riding in the car than when walking down the street,” explained Rich White, executive director, Car Care Council. “Replacing the cabin air filter is a simple way for you and your passengers to breathe easier while driving.” In addition to trapping pollen, bacteria, dust and exhaust gases, the cabin air filter prevents leaves, bugs and other debris from entering the heating, ventilating and air-conditioning (HVAC) system. A restricted cabin air filter can mean musty odors in the vehicle and impair airflow in the HVAC system, possibly causing interior heating and cooling problems. Over time, the heater and air conditioner may also become damaged by

corrosion. Cabin air filters should not be cleaned and reinstalled. Instead, they should be replaced every 12,000 to 15,000 miles, or per the owner’s manual. Most filters are accessible through a panel in the HVAC housing, which may be under the hood or in the interior of the car. An automotive service technician can locate the cabin filter and replace it according to the vehicle’s owner manual. Some filters require basic hand tools to remove and install their replacement while others just need your hands. To learn more about cabin air filters, view the Car Care Council’s Car Care Minute video and see the free digital “Car Care Guide.” Motorists can also order a free printed copy of the popular guide. The Car Care Council is the source of information for the “Be Car Care Aware” consumer education campaign promoting the benefits of regular vehicle care, maintenance and repair to consumers. For a copy of the council’s “Car Care Guide” or for more information, visit www.carcare.org. -NAPSI)


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