Foreclosure homes not as discounted in New Mexico

We’re often telling home buyers in New Mexico that the foreclosures aren’t smoking hot deals… and an article in The Albuquerque Journal confirmed that this past week. New Mexico apparently was the state in the country with the lowest average discount price off the median price – meaning foreclosures weren’t priced much below other homes for sale. Knowing the foreclosed homes are sold as-is and without repair, they are not always the best value. We have helped some home buyers get great deals on foreclosed homes, sold at prehaps up to 10% of merket prices. As realtors, we show you all homes for sale that match your needs.