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Foreclosed Properties
The lure of finding a home priced well below the current market value has made buying foreclosed homes appealing to buyers for a long time. Foreclosures come in all shapes and sizes from small starter homes to massive luxury mansions. While most people are aware of the many positives to buying a foreclosure there are also many potential pitfalls that need to be considered. When evaluating a particular foreclosed property it is important to have a REALTOR that is experienced in both the local market and in issues that commonly arise with foreclosed properties. There are many different types of foreclosures, including Bank Owned or REO properties, Government Foreclosures like HUD homes, Fannie Mae, Freddie Mac, and many others. Each of these different entities has its own requirements and procedures when selling property that they have acquired through foreclosure. For example, HUD sells their properties through a blind bidding format with set deadlines and with preferences for buyers that will occupy the property as their primary residence. One thing that is common to most foreclosures is that they are usually sold "as-is", with the bank making no guarantee as to the condition or functionality of the home. This makes evaluating the price and condition of the home critical. While a home inspection is always recommended when purchasing a home it is even more important when buying a foreclosure to have a full picture of what to expect from the home and the repairs that are and will be needed if any. When done the right way, buying a foreclosure can be a great experience. It is important to have the right people to advise you through every step of the process. The Homes For Sale In ABQ Team has extensive experience in representing banks and government entities in the sale of foreclosed properties and we have also represented many, many buyers in purchasing foreclosed homes. We know the local market, the process and procedures of foreclosed homes and what the pitfalls are and how to avoid them. If you are interested in purchasing a foreclosed property give us a call today to discuss a custom plan of how to meet your goals.
Foreclosed Properties For Sale
Come take a look at this wonderful spacious home located on a beautiful cul-de-sac in NW Albuquerque! This is a great location with easy access to the highway, parks, gol...
- 3 Beds
- 2 Baths
Don't miss out on this is a spectacular opportunity to own a home in aconvenient location at an affordable price. This residence features threebedrooms, two bathrooms, on...
- 3 Beds
- 2 Baths
Ready to build on city lot! This property is situated on large corner lot that offers tons options for building your dream home.
Beautiful Updated Home In The Far NE Heights! The home has had a make over from head to toe! Easy care landscaping in front has been freshened up to offer amazing curb ap...
- 3 Beds
- 2 Baths
Amazing South Valley Home! Freshly painted. All new flooring including LVP and carpet. Updated lighting fixtures. Opening living space. Kitchen offers breakfast bar & new...
- 4 Beds
- 3 Baths
Great Value Rainmakers Golf Club & Resort is the premier golf and recreation community in Southern New Mexico. 0.51 acre lot with great views.
Great opportunity to build on this private end lot. Prior home on lot burned down and was demolished and removed. Come take a look! Excellent price!
DIAMOND IN THE ROUGH!! Great UPTOWN location for this Unique SINGLE FAMILY home oozing with potential. 3 Bedrooms, 1 Bath, 1268 sqft. Enjoy relaxing in the Living Room o...
- 3 Beds
- 1 Baths
Vacant lot in SE Albuquerque on .14 acre. Located close to Kirtland Air Force Base and the University of NM. Alley access.
Here is a great opportunity for some sweat equity for the creative home owner or the savvy investor. This home features an open floor plan, 3 bedrooms, 2 baths and 2 car ...
- 3 Beds
- 2 Baths
This home has lots of potential for some sweat equity for that savvy homeowner or motivated investor. This home is located on a large lot with back yard access. The locat...
- 2 Beds
- 1 Baths
Opportunity to own some land in beautiful Santa Fe NM. Property. This can be a fantastic investment with room for additional building and toys. Property is being SOLD has...
- 2 Beds
- 2 Baths
Under contract taking backup offers. Have you always dreamed about having your own spacious home without breaking the bank? Here is that rare chance. This four-bedroom...
- 4 Beds
- 3 Baths
**Multiple Offers Received** Come take a look at this fabulous single story 3 bedroom 2 bath home. The home features great recent updates throughout including new floori...
- 3 Beds
- 2 Baths
Located in the desirable rural town of Ojo Caliente, large lot with ample living space, 4 Bedroom, 2 Bathroom. Sold ''As Is'' without any guarantee or warranty implied. C...
- 4 Beds
- 2 Baths
Located in the desirable rural town of Ojo Caliente, large lot with ample living space, 4 Bedroom, 3 Bathroom. Sold ''As Is'' without any guarantee or warranty implied. C...
- 4 Beds
- 3 Baths
Quiet, private property with lots of potential. Large lot with ample living space, 4 Bedroom, 2 Bathroom. Sold ''As Is'' without any guarantee or warranty implied. Check ...
- 4 Beds
- 2 Baths
What an amazing opportunity to own a beautiful piece of land, Home need work just a short 45-50 minute drive from Albuquerque. Come out and see it while you still have c...
- 3 Beds
- 2 Baths
This 2003 Solitaire Manufactured home could be yours today make the appointment to come see it. With 3 bedrooms, 2 baths and just over an acre to customize into your perf...
- 3 Beds
- 2 Baths
One story home with 3 bedrooms, 1 bath and 1 car garage. Fixer upper with lots of potential. Schedule your showing today.
- 3 Beds
- 1 Baths
Subject property is being sold occupied with any and all occupants in AS IS/WHERE IS condition. Neither the seller nor the listing broker can verify the existence of if a...
- 5 Beds
- 6 Baths
Country living at it's finest. Situated on an acre lot with a front covered patio, eat-in kitchen with island, laminate flooring, garden tub in master bath and more. Prop...
- 3 Beds
- 2 Baths
This 21.11-acre parcel surrounded by Mountains in San Antonio, New Mexico is for sale and is a must-buy for those who are not only wildlife and nature enthusiasts, but al...
WHAT A DEAL!!!!!!!!!!!!!!141.476 acres Gorgeous views of the Sandia's and South Mountain. Entranosa Rd. is a county maintained gravel road. Taxes are estimated. All infor...
Site has a sloping Hillside topography, Large lot with lots of privacy. Good views.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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