First Time Home Buyers

"What is the process for buying a home?" "How much do you charge to buy a home?" These are typical questions I receive from First time Home Buyers.  When I hear that question, it is my duty as a Licensed Realtor to help them in any way I can. Click Here for additional information.

Narrow Down Your First Time Home Buyer Search

Homes For Sale Under 200K First Time Home Buyers

Click the links below to sort results by price range.

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New
581 Horseshoe Trail Se, Albuquerque

$45,000

581 Horseshoe Trail Se, Albuquerque

2 Beds 1 Bath 728 SqFt Residential MLS® # 1017216

CMB Brokers, LLC

New
5800 Pajarito Road Sw, Albuquerque

$60,000

5800 Pajarito Road Sw, Albuquerque

1 Bed 1 Bath 600 SqFt Residential MLS® # 1016572

Realty One of New Mexico

New
820 Commercial Street Se, Albuquerque

$70,000

820 Commercial Street Se, Albuquerque

2 Beds 1 Bath 1,200 SqFt Residential MLS® # 1008106

Realty One of New Mexico

1025 Valencia Drive Se 10, Albuquerque

$70,000

↓ $5,000

1025 Valencia Drive Se 10, Albuquerque

1 Bed 1 Bath 592 SqFt Residential MLS® # 1015058

Simply Real Estate

1025 Valencia Drive Se 24, Albuquerque

$73,000

1025 Valencia Drive Se 24, Albuquerque

1 Bed 1 Bath 573 SqFt Residential MLS® # 1015066

Keller Williams Realty

New
809 Riverside Road Sw, Albuquerque

$75,000

809 Riverside Road Sw, Albuquerque

2 Beds 1 Bath 994 SqFt Residential MLS® # 1016881

Realty One of New Mexico

New
139 65th Street Nw, Albuquerque

$84,900

139 65th Street Nw, Albuquerque

2 Beds 1 Bath 1,008 SqFt Residential MLS® # 1014720

Home Experts Real Estate

7112 Pan American East Ne 70, Albuquerque

$85,000

↓ $5,000

7112 Pan American East Ne 70, Albuquerque

3 Beds 2 Baths 1,440 SqFt Residential MLS® # 1015394

Coldwell Banker Legacy

New
752 Doe Lane Se, Albuquerque

$88,950

↓ $1,050

752 Doe Lane Se, Albuquerque

2 Beds 2 Baths 1,536 SqFt Residential MLS® # 1017188

Realty One of New Mexico

304 4th Avenue Sw, Rio Rancho

$90,000

304 4th Avenue Sw, Rio Rancho

3 Beds 2 Baths 1,389 SqFt Residential MLS® # 1014523

Pinnacle Real Estate Group

822 Apache Avenue Nw, Albuquerque

$90,000

822 Apache Avenue Nw, Albuquerque

2 Beds 1 Bath 832 SqFt Residential MLS® # 1015617

Vista Encantada Realtors, LLC

1601 Pennsylvania Street Ne U-02, Albuquerque

$91,000

↓ $19,850

1601 Pennsylvania Street Ne U-02, Albuquerque

1 Bed 1 Bath 653 SqFt Residential MLS® # 1012442

Berkshire Hathaway NM Prop

1108 Inca Road Sw, Rio Rancho

$94,900

1108 Inca Road Sw, Rio Rancho

3 Beds 2 Baths 1,080 SqFt Residential MLS® # 1014210

Albuquerque House Hunting

New
1349 San Andres Avenue Nw, Albuquerque

$99,900

1349 San Andres Avenue Nw, Albuquerque

2 Beds 2 Baths 900 SqFt Residential MLS® # 1015847

Realty One of New Mexico

New
3900 Ortiz Court Ne B, Albuquerque

$99,900

3900 Ortiz Court Ne B, Albuquerque

2 Beds 1 Bath 768 SqFt Residential MLS® # 1016627

EXP Realty LLC

7213 North Hills Boulevard Ne, Albuquerque

$105,000

7213 North Hills Boulevard Ne, Albuquerque

3 Beds 2 Baths 1,280 SqFt Residential MLS® # 1015889

Realty One of New Mexico

1601 Pennsylvania Avenue Ne D-12, Albuquerque

$105,000

1601 Pennsylvania Avenue Ne D-12, Albuquerque

1 Bed 1 Bath 653 SqFt Residential MLS® # 1016424

Realty Executives Advantage

New
1601 Pennsylvania Street Ne S-14, Albuquerque

$105,000

1601 Pennsylvania Street Ne S-14, Albuquerque

1 Bed 1 Bath 681 SqFt Residential MLS® # 1017297

EXP Realty LLC

251 La Vida Nueva Del Este Sw, Albuquerque

$109,900

↓ $5,000

251 La Vida Nueva Del Este Sw, Albuquerque

2 Beds 1 Bath 665 SqFt Residential MLS® # 1016107

Keller Williams Realty

237 La Vida Nueva Del Oeste Sw, Albuquerque

$110,000

↓ $2,500

237 La Vida Nueva Del Oeste Sw, Albuquerque

2 Beds 1 Bath 665 SqFt Residential MLS® # 1014386

Keller Williams Realty

New
3837 Montgomery Boulevard Ne 624, Albuquerque

$112,000

3837 Montgomery Boulevard Ne 624, Albuquerque

1 Bed 1 Bath 784 SqFt Residential MLS® # 1015144

Southwest Elite Real Estate

1601 Pennsylvania Street Ne X-6, Albuquerque

$112,000

1601 Pennsylvania Street Ne X-6, Albuquerque

1 Bed 1 Bath 655 SqFt Residential MLS® # 1015764

Prestige Real Estate

New
9508 Casitas Court Sw, Albuquerque

$115,000

↓ $89,208

9508 Casitas Court Sw, Albuquerque

3 Beds 2 Baths 1,512 SqFt Residential MLS® # 1008738

RE/MAX Signature

15 Old Road Se, Albuquerque

$115,000

15 Old Road Se, Albuquerque

3 Beds 2 Baths 2,980 SqFt Residential MLS® # 1014047

Re/Max Alliance, REALTORS

Additional Information:

Request our Exclusive Home Buyer Packet, 12 Most Important Items, Sample Home Inspection & Warranty and Click Here

I first give them a laundry list of items they will need to provide to the mortgage company in order to start the process.  Pre-Qualification is VERY IMPORTANT in this Process.  I have Lenders that I work closely with and will help you obtain the BEST Mortgage Program available to you.  Here are some of the items you will need to provide...

  • W-2s or 1099 Tax Forms
  • Paystubs
  • Bank Statements

And 2nd My Services are FREE to Buyers.  I am paid by the Seller so there is NO COST to use my Services.

After that we discuss the Real Estate process in general.  I provide copies of our Purchase Agreement Contracts and Disclosures so that they can be reviewed prior to making an actual offer on a home.  We also talk about...

  • Earnest Money
  • Inspections
  • Repairs
  • Utilities
  • Survey
  • Contracts
  • Title Insurance
  • Obtaining a Mortgage
  • Homeowners Associations
  • Negotiations and the list goes on...
  • Scheduling Home Showings

I have worked with many First Time Home Buyers and understand the process thoroughly.  I feel that transparency and open communication work best with First Time Home Buyers, that is why you are educated and fully aware of every detail in the transaction. 

In fact, once we have a home under contract, we hire a Transaction Coordinator to focus on every small detail which includes deadlines/scheduling for Inspections, Title Search, Survey's, Utilities and most Importantly your Closing Date, time and Move In Date.

Remember you can Search ALL Homes For Sale anywhere in Albuquerque, Rio Rancho and Surrounding Area.  Sign up on my site for FREE Account to receive all these updates.  You can save searches, save favorites and have you own Control Panel to keep it all organized.

Feel Free to contact me anytime, I can answer ALL your questions regarding Real Estate and Homes For Sale in Albuquerque and Rio Rancho.

Learn More About Our Guaranteed Home Sale

(505) 923-4691

We Guarantee the sale of your home or we buy it!

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