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<Back to Page			Property 45 of 62 Selections

Sold - Pre-Foreclosure

$189,000 A lot to offer!

Photo of 6313 Turquoise, Rio Rancho, NM, 87144.

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Front Exterior : Large .22 Acre Corner Lot with Open Space to North & East!

Address: 6313 Turquoise	City/ST: Rio Rancho, NM	Zip Code: 87144
Location: Rio Rancho	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 2213	Bedrooms: 4	Bathrooms: 2 full, 1 half
MLS# 651030

Remarkable deal! Oversized corner lot with unrestricted mountain views and open space to North and East. Downstairs master, upstairs loft, large backyard, 4 bedrooms, all maintained in great condition. This house has a lot to offer at this price...seeing is believing! Subject to pre-foreclosure.

Last Updated: 5/30/2010 6:05:28 PM

Listing Agent and Office: Fred Pugh, Signature Southwest Properties

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Front Exterior
Dining Area & Kitchen
Formal living, Formal Dining
Loft Upstairs
Bedroom
Bedroom 2

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Master downstairs! Carpet and tile floors, alarm system, more!

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Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Q	What is considered one of the slimmest buildings ever designed?
A	The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
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