$246,225


4 Beds   2.5 Baths   2,392 Sq. Ft.   Single-Family

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Big Red Rd,
Hobbs, NM 88240

Status: Inactive
Listing ID: 55420972

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Property Information

  • Price: $246,225
  • Bedrooms: 4
  • Bathrooms: 2.5
  • Living Area Size: 2,392
  • Lot Size: 0-0.25 ac
  • Year Built: 2015
  • Days On Site: 40
  • Property Type: Single Family Dwelling

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

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Listing History

Start Date End Date Listing Type Bank Name
02/08/20 02/22/20 Preforeclosure


First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale.

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Big Red Rd
Hobbs, NM 88240

4 Beds   2.5 Baths   2,392 sq. ft.   Single-Family

$246,225

Status: Inactive Listing ID: 55420972

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Big-Red-Rd-Hobbs-NM-88240/55420972_lid

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