Mark Wingert

Broker

Cottonwood

10300 Cottonwood Park NW

Albuquerque, NM87114

Cell: 505-715-7641 Office: 505-898-2700
Direct: 505-792-7687
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Welcome to My Website

"The more I help others to succeed, the more I succeed," a quote from McDonald's founder Ray Kroc, adopted by Mark as his aspiration for daily life.   Mark's goal is to help clients with their real estate needs by building trust, to become their realtor for life.  A consistent top-producing broker at Coldwell Banker Legacy, Mark's goal and passion is to provide raving customer service.  Your real estate experience should be enjoyable and stress free.  Offering more than 30 years of marketing and management expertise, you can rest confident that your real estate goals are being met.

Mark strives to meet and exceed your real estate expectations by providing dependable communication of relevent, up-to-date market information, data and trends.   He not only works hard but works smart, and possesses a sincere desire to help you achieve success.

Outdoor adventures are plentiful throughout the Land of Enchantment!  A native of the southwest, Mark and his wife Nancy enjoy biking, hiking, rafting, and fishing.  They also appreciate the many fine restaurants, bed & breakfast inns, quaint shops and art galleries which thrive throughout the Southwest.   Mark and Nancy especially enjoy capturing the charm and charisma of the old west through photography.

Mark would welcome the opportunity to meet with you to demonstrate the winning techniques he uses to help you find, or sell, your home.

 

 

 

 


REAL ESTATE NEWS

 

 

 

 

 

Just received this article from one of our title companies. Thought it is interesting and should be passed on. Today's News / Business Tip More changes for FHA loans... FHA rule change on 'collection' accounts could hurt home buyers The FHA says it will no longer approve applications for home financing when the borrowers have outstanding collections or disputed accounts with an aggregate of $1,000 or more of unpaid bills. By Kenneth R. Harney, latimes.com April 8, 2012 Advertisement WASHINGTON - A little-noticed mortgage rule change that took effect April 1 could create hassles for significant numbers of home buyers who plan to use low-down-payment FHA financing this spring. The change affects anyone with one or more "collection" accounts buried away in national credit bureau files. These include medical, student loan, retail and other debts reported as unpaid - correctly or incorrectly - by creditors and subsequently sent to collection agencies. In a reversal of its previous policy, the Federal Housing Administration says it will no longer approve applications when the borrowers have outstanding collections or disputed accounts with an aggregate of $1,000 or more of unpaid bills. Previously the agency took a more lenient approach, allowing lenders to review borrowers' overall credit situation and approve applications despite the presence of such accounts. Under its new rule, when collection items total $1,000 or more, the accounts will need to be paid off over a period of several months or be paid in full at or before the closing. In cases where the collections or disputed debts are attributable to identity theft, credit card theft or unauthorized use of the applicant's credit - or when collection accounts total less than $1,000 and are at least 2 years old - the new rule may be waived. Borrowers who have encountered "life events" such as death, divorce or loss of employment may also provide documentation to their lenders to support a waiver, according to a policy clarification issued by the agency. The policy shift, which the agency says is part of its ongoing efforts to reduce loan defaults and insurance claims, has upset some mortgage lenders who specialize in FHA business. Clem Ziroli Jr., president of First Mortgage Corp. in Covina, estimates that under the new standard, "35% of borrowers who've obtained FHA financing historically" would be ineligible. He noted that the FHA's mission "has always been to serve low- to moderate-income borrowers" - a population segment where the presence of one or more collections on a credit report is not unusual. Jeremy House, a loan officer with national mortgage firm Prime Lending in Tempe, Ariz., said there are vast numbers of consumers who have medical collection accounts outstanding in their credit files, sometimes long forgotten or dating back years, who will be hit hard by the policy change. "I'm talking about people with solid incomes and high [credit] scores," he said. House cited the example of an applicant with a FICO score of 770 who recently discovered that two new medical collections had popped up on his credit reports. The applicant said he had no knowledge of the unpaid bills or the doctor, and believes them to be in error. But the appearance of the collection items knocked his FICO score down to 655. Under the new FHA policy, it could take months to dispute and resolve the issue. Brad Yzermans, a loan officer with First Priority Financial Inc. in Temecula, said the heaviest impact of the rule change will be in areas that have experienced high unemployment, negative equity and foreclosure problems over the last several years. "I think this is a big deal," he said. Large percentages of potential home purchasers inevitably have accumulated collection accounts as direct effects of local economic struggles. Yzermans said he's already had to short-circuit the applications of three buyers who have open collections in their files but previously would have breezed through underwriting for an FHA loan. As a result of steadily rising insurance premiums and tightening of underwriting rules at FHA, Yzermans said, "I'm starting to move my business more in the direction of conventional loans" - those eligible for purchase by Fannie Mae or Freddie Mac - where borrowers can obtain low-down-payment financing using private mortgage insurance. Bottom line: If you are considering applying for an FHA-insured mortgage to buy a house, be aware of the new policy. Well in advance of any loan application, order your credit reports from all three national bureaus - Equifax, Experian and TransUnion - or get them free at the bureaus' jointly run online site, http://www.annualcreditreport.com . If you find outstanding collections that exceed $1,000, dispute them, negotiate them down, pay them off or otherwise make them disappear if you want to zip through the FHA underwriting minefield. Mark Wingert Helping People with Real Estate Coldwell Banker Legacy Cell 505-715-7641 Business 505-898-2700 Mark.Wingert@ColdwellBankerLegacy.com

FREE HOME VALUE ESTIMATE

           Send the information below via E-mail to Mark.Wingert@cblegacy.com

  1. What is the total square footage of your home?
  2. Is your home single story or two story?
  3. How many bedrooms?
  4. How many baths?
  5. Garage?
  6. Other features such as pool, hot tub, etc?
  7. Address of home?
  8. Tell me what you love MOST about your home.


Specialties

  • Residential
  • Luxury & Estate Properties (Previews Luxury Home Specialist)
  • New Construction,
  • Investment Properties,
  • HUD Specialists,
  • Short Sale specialists,
  • Rio Rancho
  • Corrales
  • Placitas
  • Taylor Ranch
  • Paradise Hills
  • North Albuquerque Acres
  • Ridgecrest Area
  • USSA Preferred Broker

Professional Background

  • Top Ten Coldwell Banker Brokers Internationally, Total Units, 2nd Quarter 2011
  • First Place Individual, Cottonwood
  • Top 5% Coldwell Banker Legacy
  • Achievement Award for Production above 2 Million, Greater Albuqueruqe, Assocation of Reators 

 


Designations

Certified Preview Specialist Coldwell Banker President's Circle REALTOR Coldwell Banker Multi-Million Dollar Coldwell Banker Sterling Society Certified Distressed Property Expert (CDPE)

Personal Background

  Native to the southwest, Mark was raised between Albuquerque & El Paso, Texas, due to family business locations in both cities.  Albuquerque was the main hub where the corporate offices and warehouse were located.

   After the family sold the stores to a Fortune 400 corporation, Mark moved to Stockton, Missouri, then later to Springfield, Missouri, to attend Missouri State University.   During the summer Mark would raise money for college by working for Mayflower Movers out of Flagstaff, Arizona.   He returned to Albuquerque to help with a new automotive store chain, which was a successful venture, but again the family decided to sell.

Mark worked in management for several large companies, including Autozone, Dillard's, Walgreen's and Checker Auto, troubleshooting slow-performing stores.  This responsibility required outstanding communications, marketing, analytical and organizational skills.

Recognizing Mark's passion for providing nothing less than the absolute best customer service, one day Mark's wife Nancy mentioned that he should get into Real Estate as a full time broker.   After extensive training and researching several companies, Mark partnered with the areas largest and cutting-edge real estate service provider, Coldwell Banker Legacy, positioning Mark to assist you with new, advanced marketing techniques that create the most viewings for homes for a faster sale.


I AM FREE!

Q.  How much will a Realtor charge me to find my new home?

A. To you, the Buyer, my Realtor's services are FREE!

Q. How does this benefit me?

A. 1. My Buyer services are FREE!

     2. This Realtor can save you time!  I have quick access to most homes on the market.

     3. I will drive!  Save your gas!

     4. I have a demonstrated, proven history of negotiating complicated real estate transactions.

     5. I will orchestrate the entire buying transaction from mortgage loan approvals to property inspections, property appraisal, to the Closing table of the Tile company.

      6. I can help watch for potential legal hurdles.

Q. All of this is Free to me, the Buyer?

   A. Yes! And I will absolutely look out for your best interests.  Realtors are under the jurisdiction of the NEW MEXICO REAL ESTATE COMMISSION & BOARD OF REALTORS.

 


Education

Marketing / Management  Missouri State University

Mike Ferry Real Estate Coaching 

 Larry Kendall Ninja Real Estate Selling


Personal Interests

  • Photography
  • Music
  • Writing
  • American West History
  • Fishing
  • Camping
  • Traveling
  • Karate
  • Biking
  • Reading
  • Swimming
  • Hiking
  • Movies

Community Involvement

  • Member of the Calvary Chapel Rio Rancho Safety Team
  • Calvary Chapel Rio Rancho Servants Ministry
  • Member of the National Association of Realtors (NAR)
  • Member of the Realtors Association of New Mexico (RANM)
  • Member of the Greater Albuquerque  Association of Realtors (GAAR)
  • Member of the Southwest Multiple Listing Service (SWMLS)

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