1. Do your research

To come up with a reasonable price, you need to know about two things: the local market and the seller. Start by researching local selling prices for homes comparable to the one you're looking to buy. This will give you an idea of the fair market price.

2. Have a lender back you up

Unless you'll be offering to pay cash for a home (and few of us can), you'll need to take out a mortgage and sellers often want to be assured that you can get one.

3. Seek professional help

With so many moving parts in a real estate transaction (and so much confusing terminology), you'd be smart to get the assistance of a real estate agent and a real estate attorney to protect your interests.

4. Protect your money

Your purchase agreement should note how much you're willing to offer for a down payment. Arrange to have the deposit held in an escrow account (not with the seller), so that your money can be returned to you if the offer falls through.

5. Seal the deal

When you're ready, deliver the offer to the seller or to the seller's real estate agent.This process will continue until the seller and the buyer mutually agree, or until the offer is rescinded. Once an offer is accepted by both parties and signed, it becomes a binding contract, so it's imperative that you understand the offer's contents fully before signing.

To help you find that perfect piece of paradise, is New Mexico Mountain Properties, where we are dedicated to bringing you the Best in Real Estate throughout the Enchanted Circle. We take the time to help you find just what you are looking for, from our stunning mountain homes for sale in Angel Fire and the unique homes for sale in Taos, to the wide open Taos and Angel Fire land for sale. Want seclusion from the mundane try our Earthship homes for sale in Taos and get in touch with nature. Our Angel Fire condos for sale offer beauty and walking distance to the Resort. Perhaps you are interested in selling your Taos or Angel Fire home,condo or land we are the ladies to call on. Whatever you're looking for we will help you buy or sell it. Our agents go above and beyond the normal to give you the extraordinary!! So give us a call at 575-377-2626 in Angel Fire or 575-758-5852 in Taos. To speak directly to an broker call Paula at 575-770-3306. Let us welcome you to this truly magical area.... the mountains are calling !!

Information obtained from Trulia