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Feature Property - Exceptional Tuscan

$1,500,000 2.3 Meticulous Acres

Photo of 921 Camino Vista Rio, Bernalillo, NM, 87004.

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Outside Grounds

Address: 921 Camino Vista Rio	City/ST: Bernalillo, NM	Zip Code: 87004
Location: Bernalillo	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 3807	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# 670750	Property Tax: 6380

*EXCEPTIONAL Tuscan Inspired Home Rich w/Character!*Located In The Prestigious Community of Bosque Encantado This Home Combines The Elegance of New Mexican Living w/The Verdant Richness of The Rio Grande*Elegance & Style Are Showcased Thruout This Eric Spurlock Designed Property-Built By Koana w/Only The Finest Materials!*Breathtaking 2.3 Acres of Meticulously Groomed Grounds*OWNER Financing/Lease Purchase May Be Available* Visit This Home's Virtual Tour *

Last Updated: 8/4/2010 1:27:17 PM

Listing Agent and Office: Aaron Sandoval, Signature Southwest Properties

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Agency >Who Pays the Commission

Does it cost the homebuyer more to be represented by a buyer's agent who serves their interests exclusively? No, because the listing agent splits the sales commission, which is customarily paid by the seller of the home, with the buyer's agent. The sales commission split is usually 50-50, but the listing agent and buyer's agent will sometimes make another agreement and split the commission unequally.

There is one very unusual circumstance in which the homebuyer might pay a commission to their buyer's agent. The real estate agent might show the buyer a local "for sale by owner" (FSBO) home which the client decides to purchase. In most cases, the FSBO seller who is presented with a qualified buyer is glad to pay the buyer's agent a reduced fee of about 3 percent, or half of a normal sales commission. But the FSBO seller could stubbornly refuse to pay the buyer's agent any commission whatsoever. In that case, the buyer's agent would legitimately expect the buyer to pay the sales commission, in fair exchange for the agent finding the FSBO home and negotiating a successful transaction.

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Q	Who is "Fannie Mae" and why is she a big name in real estate?
A	"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.
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