Monday, September 14, 2009

Buy property in Red River, NM. through owner financing



Banks aren't any fun any more. They are wanting more down and higher credit scores, and the reality is, many people have less to put down and lower credit scores. 



This creates a large void between buyers and sellers. One way to fill this void is through owner financing. This is a relatively simple process that can work well for everyone involved and speed up closings, which should make everybody happy.


I have put together a list of properties currently available in Red River that the owners are willing to consider financing the purchase themselves. I have listed some single family homes, a vacant lot, and even a couple commercial properties. 
Take a look and let me know if you would like more information or would like to see them in person.
There is a lot more information available on these properties if you click the link to the MLS listings I have provided below.

MLS #
Type
Address
Acres
Price
Sq. ft
87355
Home
911  Tenderfoot Trail
0.2
$195,000
1200
86977
Home
1612  Bitter Creek Rd.
0.22
$239,000
1525
87490
Lot
4-3  Cabresto Creek Rd
5
$100,000
0
85300
Comm.
518  E Main Street
$345,000
1400
87833
Comm.
601  W Main Street
0.28
$550,000
5000


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