$192,653 EMV

Single-Family
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Casitas Ct Sw
Albuquerque, NM 87121

Overview

This Single-Family Foreclosure is located at Casitas Ct Sw, Albuquerque, NM 87121. This property is currently bank owned with an estimated market value of $192,653.
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Status: Active
Listing ID: 61029159
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Learn about Casitas Ct Sw in Albuquerque, NM

This single-family property is available as a foreclosure at Casitas Ct Sw. Based on our analysis of the current market conditions in Albuquerque for Casitas Ct Sw and comparable listings, the estimated market value is $192,653. If purchased for rental purposes, the monthly rental rate could range between $940 and $1,281. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Casitas Ct Sw are updated daily along with others in Albuquerque, New Mexico. Since this property is a foreclosure, check out our Foreclosure Timeline for Casitas Ct Sw below to see helpful information about this listing.


Foreclosure Timeline

Casitas Ct Sw in Albuquerque New Mexico Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Casitas Ct Sw
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09/28/23
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
12/12/17
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
Rental Chart
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Community & Neighborhood

This property in Albuquerque, NM is located in the Casita De La Mesa Subdivision Subdivision.


Foreclosure

The property located at Casitas Ct Sw in Albuquerque, NM is listed as a Foreclosure

Properties like Casitas Ct Sw in Albuquerque, New Mexico listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Albuquerque, NM. The longer lenders own properties like this on Casitas Ct Sw, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Casitas Ct Sw located in Albuquerque, NM is $1,110/month. Comparable homes around Casitas Ct Sw that are rentals have monthly ranges starting as low as $940 per month and as high as $1,281 per month. An owner looking to use this property as an investment could bring a return in the area of $940 - $1,281 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Similar Homes Nearby Albuquerque, NM


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Casitas Ct Sw
Albuquerque, NM 87121

Single-Family

$192,653 EMV

Status: Active Listing ID: 61029159

Property Information

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Property Description

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Listing URL

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