Affordable Homes in Albuquerque

Right now there is an abundance of Affordable Homes for Sale in Albuquerque. You can find inexpensive homes starting as low as $29,900. Today, there are 348 cheap homes available for under $100,000 on the Albuquerque MLS.

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There is a catch on some of these homes, however. Affordable homes priced under $50,000 almost always need extensive repair and may be available for cash purchase only. That's because they are ineligible for financing due to their condition. You won't be able to buy most of them using an FHA loan for sure.

Another catch is on condominiums. Financing can be difficult or impossible to obtain on even the nicest condos due to current lending conditions. High default rates during the recession are partly to blame for this.

If you are a cash buyer looking for an Albuquerque house, however, you are in luck. There are some deals that present great opportunity for the experienced investor.

Please use the link above and visit my website if you want to cash in on the opportunity to buy an affordable Albuquerque house.