Short Sales & Foreclosures in Albuquerque, NM

Short Sale and Foreclosure Homes in Albuquerque NM

Short Sale and Foreclosure Homes in Albuquerque NM can present an opportunity to get a great deal on a property at times. If you categorically disqualify distressed properties you might miss out! Distressed sales tend to be priced from 5 to 25 % below market value. Also, keep in mind that not all Short Sale and Foreclosure Homes in Albuquerque NM are dumps and require a lot of work! Having helped many Buyers acquire distressed homes over the years, I have seen it all. From homes that need major rehab work to ones that are move in ready.

Look for hidden values

There may be absolutely nothing wrong with the property in foreclosure or sold in a short sale. The bank has discounted the home because it sells such properties as-is, without disclosures. If you do your homework, you can use this situation to your advantage. And should we learn of a major problem with the house, I can negotiate with the bank for a lower price.Don’t forget: Banks aren’t in the business of owning homes. They want these properties off their hands as soon as possible. Banks will take seriously any buyer who’s well-qualified and ready to close a deal.

Minimize risks

If you’re looking for a home in a market where inventory is tight, buying a home in foreclosure or short sale can be a great option. To minimize the risks involved in purchasing Short Sale and Foreclosure Homes in Albuquerque NM contact me today. Every bank has different rules and forms for their REO (Real Estate Owned) Inventory and I would be happy to help you with any property of interest to you.

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Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

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Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

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Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

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Price MinAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

Price MaxAny$50,000$100,000$150,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,100,000$1,200,000$1,300,000$1,400,000$1,500,000$1,600,000$1,800,000$1,900,000$2,000,000$2,250,000$2,500,000$2,750,000$3,000,000$3,250,000$3,500,000$3,750,000$4,000,000$4,500,000$5,000,000$6,000,000$8,000,000$10,000,000$15,000,000

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

New

$220,000

MLS # 1075489

2 Beds

1 Bath

899 Sqft

Status: Active

Property Type: Detached

8212 Southern Avenue Se Albuquerque, NM 87108

New

$295,000

MLS # 1075166

3 Beds

2 Baths

1,334 Sqft

Status: Active

Property Type: Detached

2203 Candelaria Road Nw Albuquerque, NM 87107

New

$184,000

MLS # 1075485

1 Bed

3 Baths

1,077 Sqft

Status: Active

Property Type: Detached

709 E Mesa Avenue Gallup, NM 87301

New

$209,900

MLS # 1075443

2 Beds

2 Baths

1,193 Sqft

Status: Active

Property Type: Detached

812 Valencia Drive Ne Albuquerque, NM 87108

New

$225,000

MLS # 1075429

5 Beds

2 Baths

1,950 Sqft

Status: Active

Property Type: Detached

1013 La Luz Drive Nw Albuquerque, NM 87107

New

$284,900

MLS # 1075358

3 Beds

2 Baths

1,150 Sqft

Status: Active

Property Type: Detached

421 Texas Street Ne Albuquerque, NM 87108

$90,000

MLS # 1075320

2 Beds

2 Baths

896 Sqft

Status: Active

Property Type: Manufacturedhome

3 Rosemary Court Los Lunas, NM 87031

$135,000

MLS # 1075283

2 Beds

1 Bath

606 Sqft

Status: Active

Property Type: Detached

3423 Cypress Drive Sw Albuquerque, NM 87105

$425,000

MLS # 1075239

4 Beds

2 Baths

1,696 Sqft

Status: Active

Property Type: Detached

902 Palo Duro Avenue Nw Albuquerque, NM 87107

$165,000

MLS # 1075207

3 Beds

2 Baths

1,731 Sqft

Status: Active

Property Type: Detached

1022 Camino Del Bosque Bernalillo, NM 87004

$175,000

MLS # 1075161

3 Beds

2 Baths

1,531 Sqft

Status: Active

Property Type: Manufacturedhome

31 Calle Encantada Road Edgewood, NM 87015

$109,990

MLS # 1075136

1 Bed

1 Bath

599 Sqft

Status: Active

Property Type: Condominium

2800 Vail Avenue Se Unit 258 Albuquerque, NM 87106