Las Cruces FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Las Cruces, New Mexico.

Featured Foreclosure Listings in Las Cruces, NM

Las Cruces Home Foreclosure Listing ID: 2042622

Foreclosure

Las Cruces, NM - 88001

3 Bd | 2 Ba | $64,000.00

Las Cruces Home Foreclosure Listing ID: 2046443

Foreclosure

Las Cruces, NM - 88011

3 Bd | 2 Ba | $84,900.00

Las Cruces Home Foreclosure Listing ID: 2042639

Foreclosure

Las Cruces, NM - 88007

3 Bd | 2 Ba | $124,900.00

Las Cruces Home Foreclosure Listing ID: 2042634

Foreclosure

Las Cruces, NM - 88005

2 Bd | 2 Ba | $131,900.00

Las Cruces Home Foreclosure Listing ID: 2059737

Foreclosure

Las Cruces, NM - 88012

4 Bd | 2 Ba | $133,650.00

Total: 74
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
11 Photos
ONATE RD Las Cruces NM 88007 Foreclosures 3 2 $120,000.00 Details
2
7 Photos
S VALLEY DR Las Cruces NM 88005 Foreclosures 4 2 $39,999.00 Details
3
11 Photos
CAMINO DOS VIDAS Las Cruces NM 88012 Foreclosures 4 2 $141,000.00 Details
4
21 Photos
CLAVEL ST Las Cruces NM 88007 Foreclosures 3 2 $124,900.00 Details
5
10 Photos
DYER ST Las Cruces NM 88011 Foreclosures 4 2 $106,900.00 Details
6
19 Photos
CAMINO DOS VIDAS Las Cruces NM 88012 Foreclosures 4 2 $133,650.00 Details
7
2 Photos
ROOSEVELT ST Las Cruces NM 88001 Foreclosures 3 2 $69,000.00 Details
8
8 Photos
ROCKY RD Las Cruces NM 88001 Foreclosures 3 2 $299,900.00 Details
9
38 Photos
STULL DR Las Cruces NM 88001 Foreclosures 4 2 $75,000.00 Details
10
16 Photos
FRONTIER DR Las Cruces NM 88011 Foreclosures 3 2 $194,900.00 Details
11
2 Photos
RIMROCK DR Las Cruces NM 88012 Foreclosures 3 2 $129,900.00 Details
12
17 Photos
CALLE LIBERTAD Las Cruces NM 88005 Foreclosures 3 2 $55,400.00 Details
13
16 Photos
SOLARRIDGE ST Las Cruces NM 88012 Foreclosures 3 2 $127,900.00 Details
14
9 Photos
TURKEY KNOB DR Las Cruces NM 88012 Foreclosures 4 2 $124,000.00 Details
15
2 Photos
CALLE ARRIBA Las Cruces NM 88012 Foreclosures 3 2.5 $179,900.00 Details
16
12 Photos
CALAIS AVE Las Cruces NM 88011 Foreclosures 4 2 $211,500.00 Details
17
20 Photos
CALLE NUESTRA Las Cruces NM 88005 Foreclosures 3 2 $57,500.00 Details
18
6 Photos
BELLAMAH DR Las Cruces NM 88001 Foreclosures 3 2 $64,000.00 Details
19
10 Photos
ROADRUNNER CIR Las Cruces NM 88011 Foreclosures 2 2 $122,900.00 Details
20
1 Photo
EDGEWOOD AVE Las Cruces NM 88005 Foreclosures 3 2 $121,900.00 Details
About our Listings

How to Buy Las Cruces Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Las Cruces, NM starts with finding listings. By browsing Las Cruces foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Las Cruces, NM.

>> See more info about how to Buy foreclosures

How to Invest in Las Cruces Foreclosures

How to invest foreclosure

Las Cruces foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Las Cruces real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Las Cruces foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Las Cruces foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Las Cruces

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Las Cruces will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Las Cruces, NM. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Las Cruces apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

New Mexico Foreclosure Laws

Foreclosure law

In the state of New Mexico, real estate foreclosures are judicial foreclosures, meaning that distressed properties in New Mexico are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become New Mexico REO properties.

Las Cruces Banks Foreclosures

Bank Foreclosure

Las Cruces bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Las Cruces, NM are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Las Cruces bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Las Cruces New Mexico to be similar to buying from an agent. Check our Las Cruces bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Las Cruces Government Foreclosures

Government Foreclosure

Las Cruces Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Las Cruces NM are another popular type of foreclosure, as are VA foreclosures in Las Cruces, which are available from the Veterans Affairs Department for especially great deals. Check our Las Cruces government foreclosure listings.

>> See more info about govermment foreclosures

Las Cruces Pre-Foreclosures

Foreclosure

PreForeclosures in Las Cruces are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Las Cruces Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Las Cruces Foreclosure Auctions

Foreclosure Auction

Most Las Cruces foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Las Cruces, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Las Cruces, NM. We offer a comprehensive Las Cruces foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Las Cruces, New Mexico

Find Home Foreclosure Listings in Las Cruces, NM

Las Cruces foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Las Cruces, NM and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Las Cruces New Mexico, best affordable foreclosure condo in Las Cruces, cheap apartments for sale, bargain foreclosed homes for sale in Las Cruces, NM and earn huge savings on the homes YOU want to buy!

Our Las Cruces Foreclosure Lists

You can find Las Cruces foreclosure homes for sale which you can buy for living or investment. Simply click through our Las Cruces foreclosure home listings to find government foreclosures and bank owned homes in Las Cruces area. If you're searching for a deep discount or low prices on real estate then searching our Las Cruces foreclosure lists for homes foreclosure for sale or short sale listing in Las Cruces is your answer. Our up-to-date Las Cruces short sale listings provide the latest investing opportunities on affordable Las Cruces bank owned property listings, government pre foreclosure lists, Las Cruces banrkuptcy homes and Las Cruces HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Las Cruces, you should have little trouble finding the cheapest deal on a foreclosed home in Las Cruces, New Mexico.

You can also search Santa Teresa foreclosure listings and Anthony foreclosure listings for more properties in the neighboring area.



Las Cruces, NM

As of 2011, Las Cruces's population is 92,774 people. Since 2000, it has had a population growth of 25. 03 percent. The median home cost in Las Cruces is $146,900. Home appreciation the last year has been -4. 51 percent. Compared to the rest of the country, Las Cruces's cost of living is 7. 50% Lower than the U. S. average. Las Cruces public schools spend $4,461 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 9 students per teacher in Las Cruces. The unemployment rate in Las Cruces is 5. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Las Cruces jobs have Decreased by 0. 16 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peoplelas-cruces, nmUS
Population92,774307,829,557
Pop Density1,78487
Pop Change25.03%9.34%
Median Age32.636.6
Households36,134116,329,167
Household Size2.472.58
Male Population49.15%49.31%
Female Population50.85%50.69%
Married Population39.92%47.15%
Single Population60.08%52.85%
Estimated Households By Household Incomelas-cruces, nmUS
Income Less Than 15k21.49%12.10%
Income Between 15k And 25k14.94%10.18%
Income Between 25k And 35k12.21%10.56%
Income Between 35k And 50k16.22%14.98%
Income Between 50k And 75k17.36%19.53%
Income Between 75k And 100k8.70%12.52%
Income Between 100k And 150k6.91%12.14%
Income Between 150k And 250k1.14%3.91%
Income Between 250k And 500k0.88%3.34%
Income Greater Than 500k0.15%0.75%
Economylas-cruces, nmUS
Unemployment Rate5.80%9.10%
Recent Job Growth-0.16%-0.12%
Future Job Growth33.88%31.25%
Sales Taxes7.12%6.80%
Income Taxes5.30%6.25%
Income Per Cap$18,911$27,067
Household Income$36,094$52,954
Housinglas-cruces, nmUS
Median Home Age25.135.1
Median Home Cost$146,900$175,100
Home Appreciation-4.51%-3.15%
Homes Owned51.78%59.90%
Housing Vacant9.26%10.37%
Homes Rented38.95%29.73%
Property Tax Rate$7.60$11.20
Owner Occupied Housing Units By Valuelas-cruces, nmUS
Less Than 20k4.68%2.65%
20k To 399994.70%3.76%
40k To 599994.50%4.99%
60k To 799995.10%6.01%
80k To 999998.29%7.27%
100k To 14999928.88%19.24%
150k To 19999919.97%14.67%
200k To 29999918.09%18.09%
300k To 3999993.44%9.14%
400k To 4999991.37%4.94%
500k To 7499990.77%5.42%
750k To 9999990.08%2.03%
1kk Or More0.15%1.77%
Educationlas-cruces, nmUS
School Expend$4,461$5,678
Pupil Teacher Ratio14.914.9
Students Per Librarian920803
Students Per Counselor478513
2 Yr College Grad6.78%7.47%
4 Yr College Grad18.26%17.42%
Graduate Degrees12.15%10.12%
High School Grads83.78%84.72%
Crimelas-cruces, nmUS
Violent Crime64
Property Crime64
Housing Units By Year Structure Builtlas-cruces, nmUS
1999 To 200522.49%13.71%
1995 To 19986.42%8.54%
1990 To 199411.73%5.77%
1980 To 198918.52%13.87%
1970 To 197915.13%16.17%
1960 To 196910.65%11.70%
1950 To 19598.81%11.08%
1940 To 19492.86%6.02%
1939 Or Earlier3.38%13.15%

Table Information