Category Archives: Albuquerque Bank Owned

Albuquerque foreclosure and bank owned homes sales trends…

Nationally, the foreclosure sales are slowing down with less homes being sold that are bank owned or in some stage of the foreclosure process.  In New Mexico, foreclosure related homes sales have been much less of a problem than elsewhere … Continue reading

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Albuquerque Foreclosure and Bank Owned homes

This mornings Albuquerque Journal reports that homes going into Foreclosure in the Albuquerque area in April were above the national average and up from last April.  Nationwide, the number home homes going into foreclosure is dropping.  Typical for Albuquerque Real … Continue reading

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FHA Condo approvals stopped! Tax credit closing deadlines!

Condos in Albuquerque, Rio Rancho, etc to be sold using an FHA loan, 3.5% down payment  :-) , must be approved by HUD (Housing and Urban Development).  They want to make sure that the property meets their guidelines.  Apparently they … Continue reading

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Sales of Bank Owned and Foreclosure Homes in Albuquerque

Want to buy a Bank Owned or Foreclosed house?  Yes, there are homes for sale in the Albuquerque Real Estate market which are bank owned and foreclosures… and yes, there are some smoking deals on homes.  However, the research I’ve … Continue reading

Posted in Albuquerque Bank Owned, Albuquerque foreclosures, Albuquerque short sale, bank owned homes, foreclosures, New Mexico foreclosure, Rio Rancho Bank Owned, Rio Rancho foreclosure | Leave a comment