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Rio Rancho NM Homes for Sale: Short Sales

By
Real Estate Agent with eXp Realty

Short sales are not for everyone, but if you are looking to get a great deal on a Rio Rancho NM Home for Sale a short sale might be right for you.

Rio Rancho NM Short Sales

Why do I say they are not for everyone?

  • It can take several months to know if your offer has been accepted
  • You'll have to pay for your on inspections
  • The listing agent will probably take multiple offers and you might be outbid

Short sales are great for investors who can wait, but they're not so great for buyers who want to be under contract by April 30 and close by June 10 to cash in on the first time home buyer tax credit.

First time Rio Rancho home buyers should focus instead upon finding Rio Rancho Homes for Sale that are priced to sell. They are good deals out there that will close on time!