Our Real Estate Services

Listing your home for sale with us

     Selling your home is not just a financial decision but often an emotional one as well. At Bachmann Luthi, we recognize the significance of this decision and pledge to represent you with the utmost honesty, professionalism, and loyalty.

     We begin by conducting a customized comparative market analysis (CMA) to assess current market conditions. Based on your considerations and priorities, we then develop a tailored marketing strategy and price your home accordingly. Our marketing approach is comprehensive and innovative, leveraging internet platforms, social media channels, and neighborhood distributions to aggressively promote your property. From crafting custom flyers for your neighbors to arranging professional photography sessions, we ensure that every aspect of marketing is executed with maximum effort and effectiveness.

     At Bachmann Luthi, our commitment to our clients extends beyond mere representation. We strive to maximize the equity from your home, resulting in the highest possible net sales price. This is achieved through effective marketing strategies and skillful negotiation techniques.

     We understand that the home selling process can be daunting and filled with uncertainties. That's why we offer to address any questions you may have and provide a free, no-obligation evaluation of your home's market value. Don't hesitate to call or text us today to obtain an accurate list price for your home and gain clarity on the selling process.


Purchasing a home!

      The decision to purchase a home marks a significant milestone in anyone's life. Beyond the financial commitment, it symbolizes the realization of future aspirations and the foundation for achieving your goals. At Bachmann Luthi, we understand the importance of this decision and are dedicated to leaving no stone unturned in finding your perfect home in a desirable neighborhood.

       Navigating the home buying process can often be complex and overwhelming. From initial negotiations to mortgage applications, home inspections, and closing, we will guide you every step of the way, ensuring a smooth and stress-free experience.

      Upon request, Bachmann Luthi will provide you with a current list of homes that match your search criteria directly to your email. We'll also keep you updated in real-time on new listings and any status changes for properties that meet your preferences.  

      Furthermore, we excel in home financing and can assist you in finding the best financing options available. With established relationships with some of the city's most reputable lenders, we offer a complete menu of VA, FHA, and Conventional mortgages, as well as various income and property-based bond program.

     Our priority is to ensure your satisfaction and help you find the home of your dreams without any additional financial burden.


Financing your dreams!

     Understanding home mortgages is often the most perplexing and daunting aspect of the home buying journey. For the vast majority of Americans, securing a mortgage is essential to finance their homes. Essentially, a mortgage is an agreement between buyers and lenders wherein lenders provide home loans to buyers, securing the loan with the property as collateral against default.

     Mortgages come in various forms, but they are typically granted by private lenders such as banks, credit unions, and mortgage companies. They vary in duration, with commitments typically ranging from 15 to 30 years (with the latter being the most popular). FHA and VA mortgage loans are insured or guaranteed against default by the federal government, while conventional loans lack federal guarantees.

     The mortgage application process begins when buyers apply for a mortgage loan to demonstrate their creditworthiness. They are usually required to furnish documentation such as tax records, bank statements, and pay stubs to verify their ability to make mortgage payments while still maintaining sufficient financial resources for other life obligations. Lenders assess applicants' capability and stability by scrutinizing factors such as credit scores, work history, credit ratios, and other criteria.

     Although this may seem like a lot of information to digest, rest assured that we collaborate with an exceptional team of lenders who specialize in working with first-time home buyers. They offer a comprehensive range of FHA, VA, and Conventional loans, along with "no down payment" programs featuring competitive interest rates. Moreover, they boast years of experience in assisting buyers with challenging credit issues and have a proven track record of helping buyers achieve their dreams of home ownership.


Brief Overview of Loan Types

     Here is a short summary of the types of loans, as well their strong points and drawbacks by Holden Lewis of Bankrate.com:

     Conventional Loans Who they're for: Conventional mortgages are ideal for borrowers with good or excellent credit.
     How they work: Conventional mortgages are "plain vanilla" home loans. They follow fairly conservative guidelines for: Borrower credit scores. Minimum down payments. Debt-to-income ratios.
    Cost: Lender fees, third-party fees, down payments, mortgage insurance and points can mean the borrower has to show up at closing with a sizable sum of money out of pocket.
     What's good: Conventional mortgages generally pose fewer hurdles than Federal Housing Administration or Veterans Affairs mortgages, which may take longer to process.
     What's not as good: You'll need excellent credit to qualify for the best interest rates.

     FHA Loans Who they're for: Federal Housing Administration mortgages have flexible lending standards to benefit: People whose house payments will be a big chunk of take-home pay. Borrowers with low credit scores. Homebuyers with small down payments and refinancers with little equity.
     How they work: The Federal Housing Administration does not lend money. It insures mortgages. The FHA allows borrowers to spend up to 56 percent or 57 percent of their income on monthly debt obligations, such as mortgage, credit cards, student loans and car loans. In contrast, conventional mortgage guidelines tend to cap debt-to-income ratios at around 43 percent. For many FHA borrowers, the minimum down payment is 3.5 percent. Borrowers can qualify for FHA loans with credit scores of 580 and even lower.
      Cost: Each FHA loan has 2 mortgage insurance premiums: An upfront premium of 1.75 percent of the loan amount, paid at closing. An annual premium that varies. Most FHA homebuyers get 30-year mortgages with down payments of less than 5 percent. Their premium is 0.6 percent of the loan amount per year, or $50 a month for a $100,000 loan.
     What's good: FHA loans are often the only option for borrowers with high debt-to-income ratios and low credit scores.
     What's not as good: To get rid of FHA premiums, you must refinance the loan.

     VA Loans Who they're for: Most active-duty military and veterans qualify for Veterans Affairs mortgages. Many reservists and National Guard members are eligible. Spouses of military members who died while on active duty or as a result of a service-connected disability may also apply.
     How they work: No down payment is required from qualified borrowers buying primary residences. The VA does not lend money but guarantees loans made by private lenders.
     Cost: The VA charges an upfront VA funding fee, which can be rolled into the loan or paid by the seller. The funding fee varies from 1.25% to 3.3% of the loan amount. The VA allows sellers to pay closing costs but doesn't require them to. So the buyer might need money for closing costs. Borrowers may also need money for the earnest-money deposit.
     What's good: VA borrowers can qualify for 100% financing. Veterans do not have to be first-time buyers and may reuse their benefit.
     What's not as good: According to the VA, there isn't a cap on the amount you can borrow. "However, there are limits on the amount of liability VA can assume, which usually affects the amount of money an institution will lend you. The loan limits are the amount a qualified Veteran with full entitlement may be able to borrow without making a down payment. These loan limits vary by county, since the value of a house depends in part on its location." Source: http://www.bankrate.com/finance/mortgages/conventional-fha-va-mortgage.aspx


About us

Thank you for visiting our website! Since 2006, we have proudly served the greater El Paso area, catering to all your real estate needs with dedication and expertise. Whether you're looking to buy, sell, or require rental management services for your properties, we're here to assist you every step of the way. Our website aims to be a comprehensive resource, addressing any questions you may have regarding the real estate representation you require. Should you need further clarification or are eager to embark on your real estate journey, please don't hesitate to reach out. You can contact me via call or text at (915) 929-3563. Best regards, Chris Luthi Realtor/Firefighter

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