Rio Rancho FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Rio Rancho, New Mexico.

Featured Foreclosure Listings in Rio Rancho, NM

Rio Rancho Home Foreclosure Listing ID: 2059580

Foreclosure

Rio Rancho, NM - 87124

3 Bd | 2 Ba | $20,000.00

Rio Rancho Home Foreclosure Listing ID: 2051793

Foreclosure

Rio Rancho, NM - 87124

3 Bd | 2 Ba | $128,000.00

Rio Rancho Home Foreclosure Listing ID: 2055975

Foreclosure

Rio Rancho, NM - 87124

4 Bd | 3 Ba | $214,900.00

Rio Rancho Home Foreclosure Listing ID: 2050465

Foreclosure

Rio Rancho, NM - 87124

5 Bd | 4 Ba | $279,900.00

Rio Rancho Home Foreclosure Listing ID: 2046447

Foreclosure

Rio Rancho, NM - 87144

6 Bd | 5 Ba | $374,900.00

Total: 62
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
13 Photos
10TH AVE SW Rio Rancho NM 87124 Foreclosures 4 2 $84,500.00 Details
2
14 Photos
CAMINO SEVILLE SE Rio Rancho NM 87124 Foreclosures 5 4 $279,900.00 Details
3
9 Photos
CHIPPEWA CT SW Rio Rancho NM 87124 Foreclosures 2 1 $67,900.00 Details
4
37 Photos
DEMAVEND RD NE Rio Rancho NM 87144 Foreclosures 4 4 $279,900.00 Details
5
13 Photos
CHESSMAN DR NE Rio Rancho NM 87124 Foreclosures 4 2.5 $249,900.00 Details
6
13 Photos
PEARL DR NE Rio Rancho NM 87124 Foreclosures 2 2 $85,900.00 Details
7
21 Photos
27TH AVE NE Rio Rancho NM 87144 Foreclosures 4 2.5 $160,000.00 Details
8
9 Photos
RENAISSANCE DR SE Rio Rancho NM 87124 Foreclosures 3 2.5 $174,900.00 Details
9
12 Photos
ROADRUNNER LOOP NE Rio Rancho NM 87144 Foreclosures 3 2 $149,900.00 Details
10
8 Photos
S ENSENADA CIR SE Rio Rancho NM 87124 Foreclosures 4 3 $214,900.00 Details
11
4 Photos
PEPPOLI LOOP SE Rio Rancho NM 87124 Foreclosures 4 3 $186,900.00 Details
12
6 Photos
DOMAIN LOOP SE Rio Rancho NM 87124 Foreclosures 2 2 $75,900.00 Details
13
12 Photos
SAGECREST LOOP NE Rio Rancho NM 87144 Foreclosures 3 2 $107,000.00 Details
14
8 Photos
OCATE MEADOWS DR NE Rio Rancho NM 87144 Foreclosures 3 2.5 $129,900.00 Details
15
17 Photos
FRUTA RD NE Rio Rancho NM 87124 Foreclosures 3 2 $20,000.00 Details
16
20 Photos
TRUCHAS MEADOWS DR NE Rio Rancho NM 87144 Foreclosures 3 2 $95,000.00 Details
17
9 Photos
MESA GRANDE LOOP NE Rio Rancho NM 87144 Foreclosures 4 3 $137,900.00 Details
18
1 Photo
HUNTERS MEADOWS CIR NE Rio Rancho NM 87144 Foreclosures 1 1 $146,800.00 Details
19
1 Photo
36TH ST SE Rio Rancho NM 87124 Foreclosures 3 2 $117,000.00 Details
20
33 Photos
WATERFALL DR NE Rio Rancho NM 87144 Foreclosures 5 3 $174,900.00 Details
About our Listings

How to Buy Rio Rancho Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Rio Rancho, NM starts with finding listings. By browsing Rio Rancho foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Rio Rancho, NM.

>> See more info about how to Buy foreclosures

How to Invest in Rio Rancho Foreclosures

How to invest foreclosure

Rio Rancho foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Rio Rancho real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Rio Rancho foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Rio Rancho foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Rio Rancho

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Rio Rancho will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Rio Rancho, NM. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Rio Rancho apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

New Mexico Foreclosure Laws

Foreclosure law

In the state of New Mexico, real estate foreclosures are judicial foreclosures, meaning that distressed properties in New Mexico are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become New Mexico REO properties.

Rio Rancho Banks Foreclosures

Bank Foreclosure

Rio Rancho bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Rio Rancho, NM are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Rio Rancho bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Rio Rancho New Mexico to be similar to buying from an agent. Check our Rio Rancho bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Rio Rancho Government Foreclosures

Government Foreclosure

Rio Rancho Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Rio Rancho NM are another popular type of foreclosure, as are VA foreclosures in Rio Rancho, which are available from the Veterans Affairs Department for especially great deals. Check our Rio Rancho government foreclosure listings.

>> See more info about govermment foreclosures

Rio Rancho Pre-Foreclosures

Foreclosure

PreForeclosures in Rio Rancho are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Rio Rancho Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Rio Rancho Foreclosure Auctions

Foreclosure Auction

Most Rio Rancho foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Rio Rancho, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Rio Rancho, NM. We offer a comprehensive Rio Rancho foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Rio Rancho, New Mexico

Find Home Foreclosure Listings in Rio Rancho, NM

Rio Rancho foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Rio Rancho, NM and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Rio Rancho New Mexico, best affordable foreclosure condo in Rio Rancho, cheap apartments for sale, bargain foreclosed homes for sale in Rio Rancho, NM and earn huge savings on the homes YOU want to buy!

Our Rio Rancho Foreclosure Lists

You can find Rio Rancho foreclosure homes for sale which you can buy for living or investment. Simply click through our Rio Rancho foreclosure home listings to find government foreclosures and bank owned homes in Rio Rancho area. If you're searching for a deep discount or low prices on real estate then searching our Rio Rancho foreclosure lists for homes foreclosure for sale or short sale listing in Rio Rancho is your answer. Our up-to-date Rio Rancho short sale listings provide the latest investing opportunities on affordable Rio Rancho bank owned property listings, government pre foreclosure lists, Rio Rancho banrkuptcy homes and Rio Rancho HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Rio Rancho, you should have little trouble finding the cheapest deal on a foreclosed home in Rio Rancho, New Mexico.

You can also search Corrales foreclosure listings and Bernalillo foreclosure listings for more properties in the neighboring area.



Rio Rancho, NM

As of 2011, Rio Rancho's population is 85,528 people. Since 2000, it has had a population growth of 65. 22 percent. The median home cost in Rio Rancho is $180,600. Home appreciation the last year has been -4. 43 percent. Compared to the rest of the country, Rio Rancho's cost of living is 1. 80% Lower than the U. S. average. Rio Rancho public schools spend $4,044 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 9 students per teacher in Rio Rancho. The unemployment rate in Rio Rancho is 7. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Rio Rancho jobs have Decreased by 0. 65 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplerio-rancho, nmUS
Population85,528307,829,557
Pop Density1,09787
Pop Change65.22%9.34%
Median Age35.436.6
Households31,693116,329,167
Household Size2.672.58
Male Population48.95%49.31%
Female Population51.05%50.69%
Married Population53.03%47.15%
Single Population46.97%52.85%
Estimated Households By Household Incomerio-rancho, nmUS
Income Less Than 15k6.28%12.10%
Income Between 15k And 25k7.10%10.18%
Income Between 25k And 35k9.57%10.56%
Income Between 35k And 50k15.53%14.98%
Income Between 50k And 75k27.37%19.53%
Income Between 75k And 100k16.98%12.52%
Income Between 100k And 150k12.93%12.14%
Income Between 150k And 250k2.30%3.91%
Income Between 250k And 500k1.65%3.34%
Income Greater Than 500k0.30%0.75%
Economyrio-rancho, nmUS
Unemployment Rate7.50%9.10%
Recent Job Growth-0.65%-0.12%
Future Job Growth31.20%31.25%
Sales Taxes6.69%6.80%
Income Taxes5.30%6.25%
Income Per Cap$25,561$27,067
Household Income$60,374$52,954
Housingrio-rancho, nmUS
Median Home Age1435.1
Median Home Cost$180,600$175,100
Home Appreciation-4.43%-3.15%
Homes Owned75.00%59.90%
Housing Vacant3.83%10.37%
Homes Rented21.17%29.73%
Property Tax Rate$6.49$11.20
Owner Occupied Housing Units By Valuerio-rancho, nmUS
Less Than 20k0.78%2.65%
20k To 399990.41%3.76%
40k To 599990.72%4.99%
60k To 799991.15%6.01%
80k To 999993.17%7.27%
100k To 14999931.20%19.24%
150k To 19999934.25%14.67%
200k To 29999921.58%18.09%
300k To 3999994.09%9.14%
400k To 4999991.58%4.94%
500k To 7499990.95%5.42%
750k To 9999990.07%2.03%
1kk Or More0.06%1.77%
Educationrio-rancho, nmUS
School Expend$4,044$5,678
Pupil Teacher Ratio15.914.9
Students Per Librarian526803
Students Per Counselor602513
2 Yr College Grad10.00%7.47%
4 Yr College Grad16.93%17.42%
Graduate Degrees9.61%10.12%
High School Grads93.59%84.72%
Crimerio-rancho, nmUS
Violent Crime54
Property Crime44
Housing Units By Year Structure Builtrio-rancho, nmUS
1999 To 200539.35%13.71%
1995 To 199815.69%8.54%
1990 To 19949.14%5.77%
1980 To 198923.46%13.87%
1970 To 197910.14%16.17%
1960 To 19691.77%11.70%
1950 To 19590.20%11.08%
1940 To 19490.06%6.02%
1939 Or Earlier0.20%13.15%

Table Information