Category Archives: bank owned homes

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

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

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

Bank Owned and Foreclosure home sales in the Rio Rancho area

I researched homes sold in the Rio Rancho area to see how much of a discount buyers were getting off of the lsited price of bank owned and foreclosed homes.  For the past 6 months, I found 47 closed homes … Continue reading

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

Falling behind on your house payment? Facing foreclosure or short sale?

If you or someone you know is falling behind and not making payments on your house… we can help you.  Rather than let your home go into foreclosure, let’s get it listed for sale as a short sale and start … Continue reading

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

Bike Path along Rio Grande Boulevard in Los Rancho coming soon!

The Village of Los Ranchos is going to make riding a bike along Rio Grande Blvd a bit better.  They are currently getting bids to widen a section of Rio Grande between Chavez and Montano Road.  The road was previously … Continue reading

Posted in Albuquerque NM Real Estate, Albuquerque real estate market, bank owned homes, Home values, Real Estate, Sell Your Home | Leave a comment

Foreclosed and bank owned homes in the Albuquerque area. HomePath incentives!

Looking for a bank owned or foreclosure home to buy?  While our Albuquerque and Rio Rancho areas are not overflowing with these distressed properties, we definitely have some to pick from.  The pricing on bank owned and foreclosed homes tends … Continue reading

Posted in Albuquerque Home For Sale, Albuquerque Homes For Sale, bank owned homes, foreclosures, Home values | Leave a comment

FHA loan rules are changing… will cost more to borrow!

Here’s one more reason to get a home under contract by early April…For any FHA Case numbers (APPRAISALS) ordered after April 4th the Up Front Mortgage Insurance will INCREASE to 2.25% from 1.75%. This means that on an average sales … Continue reading

Posted in Albuquerque New Homes, Albuquerque Real Estate, bank owned homes, Corrales, Home Selling, Rio Rancho | Leave a comment

Albuquerque’s Atrisco Heritage Academy High School

While showing homes last week in Southwest Albuquerque, I drove by the new Atrisco Heritage Academy High School. What an impressive looking school! The design is really awesome and I’m sure the new school is desperately needed by home owners … Continue reading

Posted in Albuquerque Home For Sale, Albuquerque NM Real Estate, bank owned homes, foreclosures | Leave a comment

Foreclosures and bank owned homes for sale…

Here in Albuquerque and Rio Rancho, there are many opportunities to buy homes which have been foreclosed upon and are now bank owned.  These homes are offered for sale “as-is” but often represent very good deals.  We have worked for … Continue reading

Posted in Albuquerque Home For Sale, Albuquerque NM Real Estate, bank owned homes, foreclosures, Rio Rancho Homes and Relocation | Leave a comment