So you want to lowball that Las Cruces NM foreclosure? Here are the facts

By
Real Estate Agent with Keller Williams Realty

So you want to lowball that Las Cruces NM Foreclosure?  Here are the facts.

Bank owned properties are selling in Las Cruces at a steady pace but typically banks make price redcuctions at their own pace and rarely accept "lowball" offers.  This does not mean however that great deals are not out there.  Give me a call and I will show you!

Below is a list of the bank owned homes sold in the past  2 months in Las Cruces NM.

                               Listed price              Sold Price

137 Tornillo Flats       32,900                        28,000                                                                           

2317 Bellamah           49,900                       47,000

900 Van Patten          57,800                       58,500

1219 Edgewood          121,900                      86,625

1850 Martha                89,900                      88,000

3109 Dyer                 106,900                      97,000

2909 Carretas Ct        103,500                     98,000

3346 Venus                98,900                    100,000

3718 Chromite           108,680                    103,180

1133 Gunsight Peak    104,800                   104,900

851 Gilmer Way          109,900                   106,000

3301 Jupiter               109,900                   109,900

4642 Mesita               114,900                    112,500

3822 Lamanite Ct       116,850                    113,000

4614 Rimrock             123,000                    123,000

5031  Kensington       125,900                     123,000

4156 Windridge          125,000                    125,000

922 Mayflower            138,900                     130,000

714 Arcy                    144,000                     142,000

1229 Big Bend            149,900                    150,000

2073 San Patricio        174,000                     170,000

4567 Azure Hills         185,500                     183,000

2930 Suncrest Arc       183,900                     188,000

2511 Rolling Hills        238,900                     215,000

4414 Nambe Arc         244,900                      329,900

3065 Moonlight Rg     309,900                      299,000

4977 Ruby Mine         359,900                      352,450

8049 Constitution       379,900                      374,220

 

If you need help finding a forclosure in Las Cruces NM, give me a call, I can help!

 

 christi Koch

 

 

Posted by

Christi Koch

575-644-7299

www.KochEXIT.com

Representing Buyers and Sellers in Las Cruces and the Mesilla Valley

New Mexico "The Land of Enchantment"

 

EXIT REALTY HORIZONS

 

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Topic:
Home Buying
Location:
New Mexico Dona Ana County Las Cruces
Tags:
forclosures for sale in las cruces nm
hud owned homes for sale
las cruces homes for sale

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Rainmaker
1,022,626
Adrian Willanger
206 909-7536 TheHomeFunnel.com - Seattle, WA
Profit from my two decades of experience

Christi-nice presentation, it looks like they, the banks had pretty good representation on their pricing. Best. 

Jul 19, 2011 04:34 PM #1
Rainer
238,825
Daniel H. Fisher
www.FisherHermanRealty.com (704) 617-3544 - Charlotte, NC
MCRP - Charlotte Real Estate, NC or SC

Great listing summary. In Charlotte NC or SC the banks price their homes about 10 to 15 % below the market for a sale within about 30 days.  It is a strategy that seems to work and they get the price they want - or they are content to wait for several weeks before dropping the price.

Jul 19, 2011 11:18 PM #2
Rainmaker
136,208
Steve Stenros
Poway,La Jolla,Del Mar,Mira Mesa,Carlsbad,Escondido,Temecula - San Diego, CA
CREIA MCI, ICC, Home Inspector,San Diego

Christi: Thanks for the Las Cruces market update. Best of success to you!

Jul 20, 2011 10:31 PM #3
Rainer
84,011
Christi Koch
Keller Williams Realty - Austin, TX
Realtor - Austin Texas Keller Williams Realty

Thank you all for stopping by.  It helps to know the banks have their own pricing strategy.

Jul 20, 2011 10:36 PM #4
Ambassador
1,478,425
Renée Burrows
Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate - Las Vegas, NV
Las Vegas Real Estate Broker - www.urLVhome.com

Ahhh it all depends on their pricing.  Some are priced too low and some are too high.  It really needs a set of human eyeballs and phenomenal negotiating skills to win the offer as you mentioned!

Jul 22, 2011 11:13 AM #5
Rainmaker
594,476
Dan Edward Phillips
Dan Edward Phillips - Eureka, CA
Realtor and Broker/Owner

Good Morning Christi, a great post to inform clients about 'reasonable offers' on REO's. 

Jul 23, 2011 01:13 AM #6
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Rainer
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Christi Koch

Realtor - Austin Texas Keller Williams Realty
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