Thank you for your inquiry.
The best place to start when looking into purchasing a home is to visit with a Realtor such as myself and get pre-qualified for a mortgage loan. It is best to work with local professionals if possible as you can visit with them face to face.
There are a couple of mortgage companies here in Los Lunas who have helped ereryone I have sent their way. They are both very knowledgeable, patient and easy to work with. My office is also in Los Lunas.
With just a little bit of information the loan officers can give you a real good idea of what price range you might look in for a payment that is comfortable for you. They can also show you how the entire process works so you know what to expect.
The home you asked about is being sold for less than what the sellers owe on their mortgage. This is called a Short Sale. These types of sales can take three to six months to close...just to let you know. This particular home aleady has an offer on it and is waiting for the sellers' lender to approve the offer.
The home has structural issues which is why the price is so low. This subdivision has had many homes with the same issue...foundations, walls and ceilings with major cracking.
There are many other homes available in the area and I would be glad to send you some listings if you like. All I need is your price range and I will get them off to you right away.
Give me a call at: 505-450-8690 or email me at: email@example.com with your questions, thoughts and concerns.
I look forward to working with you.
Take care and be safe,
Give me a call or send me a text. I can assist you with getting started. This particular home is a short sale and as of 6/18, has an accepted offer. For some general info on short sales, go to: http://www.syan.com/shortsales
I'll explain to you the specific situation regarding this home and other homes that are available in the area. There is no cost you because, the seller pays for my services, so feel free to connect with me.
Syan Real Estate
Call/Text: (505) 730-8181