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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 great fixer-upper! Great potential here with private country living. You can enjoy relaxing quiet summer nights with peaceful views from this gre...
- 4 Beds
- 2 Baths
This home features a Huge Living Room, a separate Dining Room and the Owner's Suite is private as it is on the opposite end of the home from the other bedrooms. The Own...
- 3 Beds
- 2 Baths
Amazing opportunity for that savvy investor or creative home owner. Ready for your special touch. This home features 2 bedrooms 2 living area. The basement could be a gre...
- 2 Beds
- 1 Baths
Home is being Offered As-Is Condition.Ceramic Tile In Entry, Kitchen & Bathrooms. Living room With Fireplace & Ceiling Fan Light. Dining Area Has 2 Skylights. Master Bedr...
- 3 Beds
- 2 Baths
This home has lots of potential and could be even better with your special touch and improvements. Featuring 4 bedrooms 3 bathrooms, and roomy living area and nice sized ...
- 4 Beds
- 3 Baths
Foothills! This home has a great floorplan, with nice views. This home features 3 bedrooms 2 baths, fireplace and a 2 car garage. With an easy to maintain yard. Convenie...
- 3 Beds
- 3 Baths
Ready to build on city lot! This property is situated on large corner lot that offers tons options for building your dream home.
This beautiful single story home sitting on a corner lot sparkles from the inside out. If offers a bright open floor plan with plenty of natural lighting, a formal dinnin...
- 4 Beds
- 3 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 any ...
- 2 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
None
- 2 Beds
- 2 Baths
This home needs work and updates but has great features throughout. Has a spacious open kitchen with eat in area, large living room with fireplace and spacious yard with ...
- 3 Beds
- 2 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
Much Potential 3 bedroom 2 bath home with attached 1 car garage.Two living areas with fireplace in den. Large backyard.
- 3 Beds
- 2 Baths
Here is a great floor plan. This roomy home features 2 living areas and 3 bedrooms. You will love the open floor plan. This home does need some improvements but with you...
- 3 Beds
- 2 Baths
'Under Contract Taking Backup Offers'. Great location in the heart of Los Lunas!!! This nice size three bedroom, two bathroom home includes a nice size living room, an o...
- 3 Beds
- 2 Baths
3 bedroom 1 bath home located on a fenced lot close to everything in Grants!
- 3 Beds
- 1 Baths
Under contract taking backup offers. Time to see your money grow. This multi-unit property has four units with 2 bedrooms and one bathroom in each. Once you have made so...
- 2 Beds
- 1 Baths
Large living room and kitchen dining area plus 2 large bedrooms and 1 3/4 baths. Two storage sheds on property. Property sold as-is where-is.
- 2 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...
Secluded mountain property. Breathe in the fresh air and escape from reality Property sold in as is condition. No warranties expressed or implied. Please additional info...
- 1 Beds
- 1 Baths
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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