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(505) 318-6264

Buy Your New Mexico Home with Guidance from Absolute Real Estate

5320 Hummell Road NE, Rio Rancho, NM 87144

Bedrooms: n/a •

Baths: n/a

SqFt: n/a •

Lot SqFt: 21,780

$599,500

7200 W Zia View Court NW, Los Ranchos, NM 87107

Bedrooms: n/a •

Baths: n/a

SqFt: n/a •

Lot SqFt: 24,199

$350,000

417 6TH Street NE, Rio Rancho, NM 87124

Bedrooms: 3 •

Baths: 2

SqFt: 1,841 •

Lot SqFt: 21,780

$370,000

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Buying a Home in New Mexico

Good Homes for Great People

Looking to buy a home in Rio Rancho or the greater Albuquerque area? The first thing you’ll need to do is get prequalified for a loan so that we know what we’re looking for. We have a list of preferred lenders, or you can go through your personal lender. After you’re prequalified, you’ll begin to get emails from our team with new homes coming on the market and homes with price reductions or increases.

After perusing online, we can set up walk-throughs for homes you’re most interested to see. Once you make a choice, we’ll help you craft an offer and begin managing all the transactional details to get you to closing day. These details include setting up an escrow with the title company, arranging an appraisal, inspections, navigating any repair requests, and more. Our vast experience guarantees you’re in good hands, and we can help you walk through anything that could arise.

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signing mortgage contract
meeting real estate broker
Whether you’re a first-time homebuyer or someone investing in real estate, we have the expertise to walk you through the process of buying a home. With nearly two decades of experience for our qualifying broker and abundant expertise among the rest of our brokers, we’ve seen all the highs and lows of home buying. We will be with you each step of the way, making sure you’re educated on the process and getting what you want out of your home purchase.
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Buying a Home in the ABQ Area

While our Absolute Real Estate team is headquartered here in Rio Rancho, we help people buy homes all over the greater Albuquerque area. Here are some communities where we frequently help our clients buy homes.

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Frequently Asked Questions

Your questions answered about buying a home in New Mexico.

If you’re looking to buy a home in Rio Rancho, or anywhere in New Mexico, the first thing you need to do is prequalify for a loan. Without this piece, we won’t know what kinds of homes to look at. If you have a personal lender already, that’s great. Or, if you want a referral for a mortgage lender that we know and trust, we’re happy to connect you. Once you’re preapproved for a loan, the fun part of looking for a home begins.

There are lots of options when it comes to loans, many of which are between 3-5% down. Some conventional home loans require that you put 20% to ensure that you don’t have to pay mortgage insurance. When you share your financials with your lender, they’ll be able to give you a clear idea of what loans you qualify for and how much you will need to put down.

It is possible to buy or sell a home without a real estate broker in Rio Rancho. But, these situations are rare, have a lot of potential risk, and require that you organize all the details that a realtor would take care of. When you work with a realtor, they’ll take of all the logistics including paperwork, coordinating with the title company, negotiations, home inspections, and more.
Yes, as a Rio Rancho real estate brokerage, we have a lot of experience working with certain lenders that we trust implicitly and we would be happy to connect you. Just reach out and ask! We don’t get any monetary gain from working with these lenders, we just trust the process with go smoothly and we already have a good working relationship with them. You’re also more than welcome to use your own lender in the home buying process as well. We also have a vast network of real estate attorneys, CPAs, general contractors, and tradespeople we can connect you with that can make the home buying and selling process as smooth as possible.
Yes, you can, and investing in real estate is something we specialize in. There are a number of ways you can take equity out of your home to purchase an investment property. As a Rio Rancho real estate brokerage, we have preferred lenders that can help you figure out the best way to get into real estate investing with the assets you have currently. There are also options like hard money lending owner finance contacts that we can explore.

Testimonials

What our customers are saying.

“Mike Schlichte, LeAndra Arias and the entire team at Absolute Real Estate have been remarkable to work with. After referring my partner and his wife to Absolute Real Estate, LeAndra literally stopped what she was doing and met with them to find their dream property. Within a week they had the property under contract and at better than advertised price! I highly recommend LeAndra Arias, Mike Schlichte and their entire team for all of your real estate needs.”
Dick Woodall
“Mike at Absolute Real Estate is very knowledgeable and professional. He and his team’s knowledge of the market and trends make them invaluable asset. They are great partners and I’m happy to have them as a part of my team.”
Fraco Investments
“Mike Schlichte and the team at Absolute Real Estate are wonderful. Great people who will work tirelessly on your behalf and always straight up professional.”
Greg and Kathy Steen
“Mike and his team are very professional and great to work with! As an home inspector I have come across a lot of realtors and he is the best!”
West Hatfield
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Office

1100 Alameda Blvd NW Ste.4,
Albuquerque, NM 87114

Phone

(505) 318-6264

Email

[email protected]

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