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Property Spotlight
1 of 2 photos Placitas For Sale $125,000 0 Beds / 0 Baths
Phenomenal view lot nestled in gated community. Located at end of cul-de-sac for maximum privacy. Overlooks valley, mountains & mesa for a truly unique Land of Enchantment lifestyle...
1 of 8 photos Rio Rancho For Sale $137,000 3 Beds / 2 Baths
Spacious corner lot with home set back on the property gives plenty of room & privacy. Fully landscaped front and back, front yard needs no care as it is beautifully maintained by the HOA...
1 of 0 photos Rio Rancho For Sale $139,900 2 Beds / 1 Baths
You wont find a better buy availabe on the market than this beautiful home in a park-like setting on almost 1/3 acre lot with mountain views and landscaping that will take your breath away!..
1 of 8 photos Albuquerque For Sale $143,900 3 Beds / 2 Baths
Charming and Gracious this Petitte Retreat Offers: Wonderful open floorplan, large living room with cozy fireplace, sunny kitchen with pantry and dining area which opens to rear yard...
1 of 3 photos Placitas For Sale $149,500 0 Beds / 0 Baths
Beautiful views from this Placitas/Sundance Mesa vacant land. Build your dream home. Enjoy sunset, mesa And mountain views. Surrounded by beautiful custom homes...
1 of 6 photos Placitas For Sale $150,000 0 Beds / 0 Baths
Best priced lot in Anasazi Trails and best deal in all of Placitas! Amazing private view lot with mountain and mesa views overlooking the arroyo with EZ access to I-25...
1 of 0 photos Albuquerque For Sale $162,000 3 Beds / 2 Baths
Spacious, light bright two story with master bedroom downstairs for privacy. Large backyard with lovely landscaping. Enjoy this conveniently located terrific neighborhood in a gated community...
1 of 8 photos Rio Rancho For Sale $164,000 3 Beds / 2 Baths
Fantastic 3 BR home on cul de sac lot w/unobstructed views of mnts from living room/front bdrm! Features incl. living area w/vaulted ceilings/frml dining/ceiling fans thruout & ceramic tile/carpet...
1 of 8 photos Albuquerque For Sale $165,000 3 Beds / 2 Baths
Great Sivage single story home on corner cul-de-sac lot in West Pointe Sub at Ventana Ranch. Open, light & bright, versatile floorplan. The dining room could be used as second living area...
1 of 0 photos Albuquerque For Sale $169,900 3 Beds / 2 Baths
Really the best our market has to offer. Priced to sell. True pride of ownership + lots of extras that puts this WAY above the rest. Pitched tile roof, ...
1 of 0 photos Rio Rancho For Sale $169,900 3 Beds / 2 Baths
It doesnt get any better! Incredible curb appeal invites you into this fabulous 3 BR home in Western Hills w/many updates & recent paint. Great kitchen w/breakfast bar & newer appliances...
1 of 8 photos Albuquerque For Sale $175,000 4 Beds / 2 Baths
Wide open spaces! Traditional brick home on 1 acre of property, well situated on a corner lot. Gather at the breakfast bar in your country eat-in kitchen. New countertop in bathroom...
1 of 6 photos Albuquerque For Sale $175,000 3 Beds / 2 Baths
Charming and Gracious this lovely home features: Open spacious rooms, complete kitchen remodel with tons of counter space, gorgeous custom cabinetry and wonderful sunny eating area, large living room, ..
Home ownership is a dream for most Americans. The State Sponsored Homebuyer Assistance Program is offered
through various government agencies. After all, regardless of their income level Americans strive to become
homebuyers and purchase a home. That's why HOME
offers down payment, closing cost and rehabilitation assistance to low-income homebuyers who make the
purchased home their principal residence and rehabilitate it according to IHDA and HUD standards.
Before buying ALBUQUERQUE real estate and to receive HOME assistance, prospective homebuyers must take part in
homeownership counseling to ensure they understand budgeting and personal financial management, home maintenance, the mortgage
loan process, legal documents and obligations associated with buying a home, and work-out options
they have with mortgage lenders in case financial problems arise.
SPONSORING AGENCIES
Local governments, non-profit organizations and Community Housing Development Organizations (CHDO) --
offer state sponsored homebuyer assistance programs. More information about CHDO's assistance program
is in the Community Housing Development Organizations section. For-profit groups are not eligible.
Homeowners should apply for HOME assistance through sponsoring agencies funded by IHDA,
not directly through the Authority or via the Single Family Program Department.
ELIGIBLE PROPERTIES
You can search for ALBUQUERQUE real estate properties that are selected by sponsoring agencies. Homebuyers may
choose from one-unit properties, condominiums or manufactured
housing (mobile homes are ineligible). They may be valued at no more than HUD's area limits,
and in the case of acquisition and rehabilitation, must be free from any health or safety defect before occupancy.
RESALE PROVISIONS
Assistance to homebuyers is provided in the form of deferred, forgivable loans at 0 percent interest.
The use of HOME funds carries certain restrictions on the use of the purchased property, as well as
upon any proceeds realized from the sale of the home if the sale occurs with in certain time frames.
If the homeowner moves out or sells the home before this time period has expired, all or a portion
of the HOME funds must be repaid by the homeowner.
For more information about state sponsored homebuyer assistance programs contact HOME at (312) 836-5200.