716 Autumn Meadows Dr NE, Rio Rancho, NM Real Estate For Sale

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Sold - NEW NSP HOME!

$137,000

Photo of 716 Autumn Meadows Dr NE, Rio Rancho, NM, 87144.

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Address:	716 Autumn Meadows Dr NE
City/ST:	Rio Rancho,NM
Zip Code:	87144
Location:	161 - Rio Rancho Central
Property Type:	Single Family Home
New or Resale:	Resale
Square Footage:	1414
Bedrooms:	3
Bathrooms:	1 full, 1 3/4 baths
MLS#	723748
Property Tax:	1913.74
Last Updated:	3/9/2012 9:19:08 PM
Listing Agent and Office:	Sean Remington, Keller Williams Realty
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Through HUD's Neighborhood Stabilization Program (NSP), this home has been purchased for $121.300, will endure approximately $50,000 in renovations, and be sold to someone who makes between 50%-120% of the area median income (agents see attached) for a mortgage amount of $121,300! Not your everyday standard sale - way too much to discuss than there's room to describe here. Please call listing broker for specifics on the Neighborhood Stabilization Program. Only 1.75% downpayment required for FHA!

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Accepting An Offer >Responding to Low Offers

The beginning of negotiations is usually the end of many months of hard work for the buyer or seller. The work ahead requires skill in order to maintain a strong position.

Sellers can lose their advantage if they do not counter an offer that a buyer has made. Even if the opening offer is beneath what the seller feels is reasonable, it is advisable for the seller to respond with a slight reduction from the asking price. The most important component in negotiating is good communication.

The best way to handle a low offer is to counter it with definite terms that are favorable to the seller. A counter offer has two advantages: 1) it keeps the buyer interested, and 2) it moves the negotiation forward and gives the buyer the opportunity to submit another offer that the seller is more likely to prefer.

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Q	What is the legal term used to describe the right of the U. S. government to condemn private land for public use?
A	Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.
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Sean & Christine Remington, REALTOR�, real estate agent and broker for Rio Rancho, Corrales and Albuquerque, home listings, property and land for sale - NUMBER1EXPERT

Sean & Christine Remington
Keller Williams Realty
6240 Riverside Plaza Lane NW #100
Albuquerque, NM 87120
Sean: 505-307-4006
Christine: 505-977-2004
Fax: 888-291-7121
Sean's Email: Sean@SeanRemington.com
Christine's Email: ChristineRNM@gmail.com
Don't leave such important decisions in the hands of just any real estate agent. Trust one of New Mexico's Top Real Estate Teams who makes it look fun and easy; Sean & Christine Remington. Having gone the extra mile to pursue extended education in real estate coupled with a heavy volume of experience ensures that when choosing to work with Sean & Christine - you have made the right choice.

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