From Albuquerque to Las Cruces, New Mexico’s housing market is experiencing a major shift. Home buyer demand has fallen sharply, and interest rates have reached record highs.
But even in this market, cash home buyers continue to purchase homes at an increasing pace. With expensive mortgages, home buyers who have cash have a leg up on buyers who are looking to get a mortgage.
For home sellers, companies that buy houses for cash in New Mexico are much more attractive than buyers with financing. Cash buyers offer certainty of sale, often eliminating home inspections and the hassle of lender approvals.
Cash buyers in New Mexico also make instant offers, allowing you to close at your convenience with flexible closings.
🚀 The Rise of All Cash Offers
- Cash is King: 31.2% of Americans sold their homes for cash in December 2022, compared to 25.3% in all of 2020. This number is expected to rise in 2023 as financing becomes more expensive.
- iBuyers are Not a Viable Option: iBuyers have either shut down or have suffered massive losses. Our analysis suggests that iBuyers will offer much less than Fair Market Value (FMV) for your home in 2023 and 2024.
- Who Will Buy My House for Cash in New Mexico: A cash marketplace like Houzeo.com is a great option to get multiple cash offers for your property. Enlight Homebuyers and We Buy Houses are also good options.
Not all companies that buy houses for cash are the same. Some companies can get you 100% of your property’s fair market value, while others may offer as low as 50%.
We’ve ranked the best cash home buyers in New Mexico so you can sell your house fast for cash.
Reviews: 7 Best Companies That Buy Houses for Cash in New Mexico
1. Houzeo.com
Max Exposure to Cash Buyers
Houzeo
Houzeo is the best option if you’re looking for multiple cash offers. Your MLS listing will be exposed to local and national cash buyers. In an attempt to win your property, investors could make multiple cash offers for your home.
- Service Fee – $349: Houzeo does not charge a 5% service fee or any undisclosed closing fee.
- Typical Offer: Up to 100% of your property’s fair market value (FMV)
- Eligible Properties: On Houzeo Marketplace, you can market properties in any condition and sell your house as is.
- Closing Offer Terms: You can specify your preferred closing date and the closing offer terms.
👉 Our Take: For sellers looking to maximize their cash offers, we recommend Houzeo’s Gold plan. You will have access to Houzeo’s advanced features to negotiate the best terms for your cash offer.
» Houzeo Reviews: Learn why Houzeo is America’s Real Estate Super App
Houzeo is a real estate marketplace and America’s #1 Flat Fee MLS service because of 4 reasons:
- Max Exposure: Houzeo MLS packages give you access to the MLS and 100s of websites like Zillow, Trulia, Realtor.com, Redfin, etc.
- 5-Star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers. Houzeo Mobile App is also very powerful.
- No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!
There are no dealbreakers with Houzeo. Check out the blog on Houzeo pros and cons.
» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 4,523 home sellers on Google and Trustpilot!
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
With a typical cash buyer, you only get an offer from that specific cash house buyer. Because there is no competition, that typical cash buyer will only offer 30% to 70% of your property’s value.
Houzeo is America’s most advanced real estate marketplace. If you list on the Houzeo marketplace, your listing gets exposed to New Mexico home buyers and national cash buyers via the MLS.
This increased competition for cash offers for your house will ensure you get up to 100% of your property’s value.
» New Mexico Flat Fee MLS: List your home for a flat fee and attract NM house cash buyers!
2. Enlight Homebuyers
Local Cash home Buyer
Enlight Homebuyers
Enlight Homebuyers is a local cash home buyer in New Mexico serving since 2015. The company buys distressed homes in any condition throughout New Mexico.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Distressed properties like old and molded houses, foreclosed properties, bad mortgage financing, inherited houses, etc.
- Closing Offer Terms: Enlight Homebuyers can close in as little as 3 days if necessary.
👉 Our Take: Enlight Homebuyers provides a fair all-cash offer and fast closing for homes throughout New Mexico.
- Fast Cash Offers: Enlight Homebuyers makes free, no-obligation cash offers within 24 hours.
- Flexible and Quick Closing: You can finalize the closing date on your own terms. Enlight Homebuyers specializes in closing in as little as 3 days.
- Strong Local Coverage: Enlight Homebuyers and its affiliate agents and brokers operate throughout New Mexico.
- Zero Service Fees: No realtor service fees, no commissions, and no closing costs.
- Sell As-Is: You can save on repair costs and sell your house as-is.
In our research, we came across some deal breakers of Enlight Homebuyers.
- They Will Spam You: Past sellers have complained about Enlight Homebuyers’ constantly spamming them with emails.
- Lowball Cash Offer: Enlight Homebuyers may put in lowball cash offers of around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
Enlight Homebuyers has a rating of 4.2 out of 5 stars with 32 reviews on Google.
Enlight Homebuyers is a local cash home buyer located in Albuquerque. Starting in 2015, the founder Andy McFarland buys distressed properties for cash throughout New Mexico.
They also specialize in buying properties in “as-is” conditions. Enlight Homebuyers also deal in properties facing foreclosure in New Mexico.
3. Express Homebuyers
As-Is Cash Home Buyer Network
Express Homebuyers
Express Homebuyers is a real estate investor network that makes all-cash offers on houses. This home-buying company is best for sellers who don’t wish to prep their property or make repairs as they buy properties “as-is.”
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Distressed properties with structural issues, condemned properties, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
- Closing Offer Terms: Express Homebuyers purchase homes in under 7 days, or a convenient date of your choice.
👉 Our Take: Express Homebuyers is great to unload an extremely distressed property. However, if your house needs minimal repairs only, then you should consider listing on the MLS.
» Express Homebuyers Reviews: Is there really no service fee?
- Fast Cash Offer: Express Homebuyers presents a preliminary cash offer within 7 minutes!
- No Obligations Offers: You will get a free, no-obligation offer for your property even damaged ones.
- Near Nationwide Coverage: Express Homebuyers offers cash for houses in almost all states, including top states like California, Texas, and Florida.
- Flexible Closing Date: Closing dates can be finalized as per the owner’s terms.
- No Additional Charges: Express Homebuyers has no service fees, they even pay the closing costs.
- Sell As-Is: You save on repair costs, and sell your house as-is.
» What is Express Homebuyers? Check this out to know more about them.
- Poor Customer Support: Previous clients have complained about their lack of communication and half hearted responses.
- Non-Negotiable Offer: Express Homebuyers will not offer more than 70% of your property’s fair market value. After a thorough home inspection, they quote an offer based on the after-repair value.
Express Homebuyers has a rating of 4.2 out of 5 stars with 112 reviews on Google Reviews.
» Express Homebuyers Review: Check out our exclusive reviews of Express Homebuyers.
Jud Allen and Brad Chandler found Express Home Buyers in 2003. Though they are available in 27 states and DC, they are based in Springfield, VA.
Express Home Buyers is a cash home buyer with over 20 years of experience. However, they have poor customer support which can delay your sale.
» Sell Your House Fast for Cash: Check out other ways you can sell your house quickly.
4. We Buy Houses
FAST CLOSING
We Buy Houses
WeBuyHouses.com is a pre-vetted real estate investor network. We Buy Houses “thoroughly” vet their investors before authorizing them to operate independent offices in their respective jurisdictions.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Distressed properties with structural issues, relocation of the homeowner, couples going through a divorce, a death in the family, flawed mortgage financing, inherited homes, high-crime neighborhoods, etc.
- Closing Offer Terms: We Buy Houses provides a flexible closing date, up to 60 days out. Offer terms are inflexible.
👉 Our Take: We Buy Houses operates on a franchise model, so the quality of service may differ. You should check the reviews of the local franchise before requesting cash for your home.
» We Buy Houses Reviews: Everything you need to know about WeBuyHouses.com.
- Fast Cash Offers for Houses: You will typically receive WeBuyHouses.com’s initial cash offer within two days.
- Zero Service Fees: WeBuyHouses doesn’t charge any service fee in exchange for the convenience of selling your home for cash
- Fast Closing: We Buy Houses.com will close in just seven days after you accept their cash offer.
- Firm Cash Offer: We Buy Houses Com’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
- Broad Coverage: We Buy Houses makes cash offers on properties in 200 markets in over 30 states. WeBuyHouses com has 2,700 offices nationwide.
- Zero Upfront Expenses: When selling to WeBuyHouses Com, you don’t need to prep the home or worry about repairs.
» What is we buy houses? To know more about them check this out.
In our research, we came across some dealbreakers with We Buy Houses.
- Lowball Cash Offer: We Buy Houses investors may put in lowball cash offers around 50% to 70% of the fair market value. This is lower than what you can get on the open market.
- WeBuyHouses.com is Not 100% Online: WeBuyHouses has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. We Buy Houses does not offer a mobile app.
- Non-Negotiable Cash Offers: A ‘We Buy Houses’ investor may not offer more than 70% of your property’s fair market value. Even if your property isn’t distressed, they will rarely budge on the offer price.
- Inconsistent Quality of Service: When you sell to a cash buyer franchise like WBH, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.
» WeBuyHouses.com Reviews: Learn how WeBuyHouses.com works.
We Buy Houses has zero customer reviews on popular review sites like Google or Trustpilot.
» webuyhouses.com reviews: Check this out to know more about them.
WeBuyHouses.com is a private, pre-vetted network of real estate investors. We Buy Houses’ investors will buy properties as-is for cash.
If your property is inhabitable and only needs some cosmetic repairs, you should consider making repairs. Nationwide investors scour the MLS for fix-and-flip homes, so you might get a competitive cash offer.
» Flat Fee MLS New Mexico Listing Services: List your home on the open market with a local NM flat fee service.
5. We Buy Ugly Houses
NATIONWIDE COVERAGE
We Buy Ugly Houses
We Buy Ugly Houses is a 20-year-old cash home buyer franchise. Independent real estate investors own and run each franchisee office. The parent company trains the franchisee but doesn’t micromanage their cash home-buying preferences. The brand, We Buy Ugly Houses is owned by HomeVestors.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: Ugly homes with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, etc.
- Closing Offer Terms: WeBuyUglyHouses provides a flexible closing date, up to 30 days out. Offer terms are subject to change based on the local franchisee office.
👉 Our Take: We Buy Ugly Houses is best for sellers who want to unload their distressed houses quickly. You shouldn’t expect more than 70% of your property’s market value.
» We Buy Ugly Houses Reviews: Everything you need to know about these home cash buyers.
- Fast Cash Offers for Homes: WeBuyUglyHouses.com will share a preliminary cash offer for your property in 24 to 48 business hours.
- Zero Service Fees: WeBuy Ugly Houses doesn’t charge any service fee in exchange for the convenience of selling your home for cash.
- Fast Closing: We Buy Ugly Houses.com will close in just seven days after you accept their cash offer.
- Firm Cash Offer: We Buy Ugly House’s cash offer is usually in line with the preliminary cash offer unless the inspector identifies major flaws during the home inspection.
- Wide Coverage: We Buy Ugly Houses offers cash for homes in 1,100 locations across 45 states.
- No Upfront Costs: When selling to WeBuyUglyHouses Com, you don’t have to fix your leaking roof or the mold residing in your walls.
» We Buy Ugly Houses Review: How does WeBuyUglyHouses.com calculate your cash offer?
In our research, we found some issues associated with We Buy Ugly Houses.
- Lowball Cash Offer: We Buy Ugly Houses pays less than what sellers could get on the open market. The cash offer is around 50% to 70% of the property’s fair market value.
- WeBuyUgly Houses.com is Not 100% Online: We Buy Ugly has a limited tech stack. This means a lot of processes, like requesting a counteroffer or managing inspections, will be offline and manual. They don’t even have a mobile app.
- Non-Negotiable Cash Offers: We Buy Ugly Houses will not offer more than 70% of your property’s fair market value. They rarely increase the price quoted in the initial cash offer.
- Inconsistent Quality of Service: When you work with house buyers like WeBuy UglyHouses, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.
» Reviews of We Buy Ugly Houses: Check WeBuyUglyHouses reviews before requesting a cash offer for your condo.
We Buy Ugly Houses has 2 out of 5 stars with 6 reviews on Yelp.
» We Buy Ugly Houses Complaints: Check what customers say about WeBuyUglyHouses.com.
We Buy Ugly Houses, a trademark of “HomeVestors”, operates on a franchisee model. Local investors or those flipping houses in the U.S. are the owners of these franchises. They buy New Mexico houses for cash as-is.
Each WeBuyUglyHouses franchisee has its own rules, so the cash offer terms and service quality may not be consistent.
» Selling a Home As Is in New Mexico: Check out our guide for selling your New Mexico house as-is.
6. ASAP Cash Home Buyers
LOCAL CASH BUYER
ASAP Cash Home Buyers
ASAP Cash Home Buyers started their journey in 2013. They are a reputable cash buyer who even refers their clients to credit and legal counseling services.
- Service Fee: None
- Typical Offer: 50% to 70% of the Fair Market Value (FMV)
- Eligible Properties: Extremely distressed properties with structural issues, couples going through a divorce, a death in the family, bad mortgage financing, inherited houses, high-crime neighborhoods, empty lots, etc.
- Closing Offer Terms: They provide a flexible closing date from 3 weeks to any date of your choosing.
👉 Our Take: ASAP Cash Home Buyers’ is a good choice if you want to save on repair costs. However, you have to settle for a price significantly below the fair market value.
- Nationwide Coverage: ASAP Cash Home Buyers offers their services nationwide.
- Flexible Closing Date: You can set a closing date as per your convenience.
- No Hidden Costs: ASAP Cash Home Buyers have no undisclosed fees or hidden costs.
- Sell As-Is: They buy houses as-is and so you can cut down on repair costs and home staging costs.
Here are some drawbacks of ASAP Cash Home Buyers that we came across in our research:
- Inconsistent Quality of Service: When you sell to a cash buyer franchise, you sell your house to a local real estate investor. The service quality will differ based on the independent investor you are dealing with.
- No Commercial Properties: ASAP Cash Home Buyers are not interested in properties like timeshares, hotels, or rental communities.
- Limited Customer Reviews: You cannot be sure about their service with only a handful of reviews on Google and nothing on other platforms.
ASAP Cash Home Buyers have a rating of 3.7 out of 5 stars with 3 reviews on Google.
ASAP Cash Home Buyers was founded in Fort Lauderdale, FL. They are a group of real estate professionals with over a decade of experience.
They have nationwide coverage but in every state you have different buyers making the quality of service questionable without proper research.
» Flat Fee MLS Listing Services Near You: List your home on the open market with a local flat fee service.
7. 1-800-CashOffer
NATIONAL COVERAGE
1-800-CashOffer
1-800-CashOffer has a network of cash buyers. This network includes seasoned professionals and real estate veterans, not amateur flippers.
The cash offer is calculated based on local market data. It is possible to get multiple cash offers for your house if it is in a desirable neighborhood.
- Service Fee: None
- Typical Offer: 50% to 70% of Fair Market Value (FMV)
- Eligible Properties: 1-800-CashOffer will make a cash offer in distressed, unfavorable locations as well as desirable neighborhoods.
- Closing Offer Terms: 1-800-CashOffer provides a flexible closing timeline, up to 90 days out. The offer terms may be negotiable.
👉 Our Take: 1-800-CashOffer is best for home sellers who don’t wish to make any repairs and don’t mind selling their home at a lower rate.
- Nationwide Coverage: 1-800-CashOffer offers cash for houses in all 50 states.
- Multiple Cash Offers: If your home is in a desirable neighborhood, you could get multiple cash offers.
- Zero Service Fees: 1-800-Cash doesn’t charge any service fee or closing costs.
- No Upfront Costs: You don’t have to fix or spend dollars on renovation costs. You can request cash for your house in its existing consition.
- Offers May be Less than Fair Market Value: 1800-Cash-Offer investors pay less than what you can get on the open market. The cash offer is typically ~50% to 70% of the property’s fair market value.
- “Cash for Homes” Scams: This network is not pre-vetted; anyone can claim to be a cash investor. You could end up losing your home to we buy houses ripoff schemes if you aren’t careful. Never sign any document without consulting a real estate attorney.
1-800-CashOffer has a 5 out of 5 stars on the Better Business Bureau.
1-800-Cash Offer is one of the oldest cash home buyer networks in the U.S. You can call on +1-800 toll-free to request cash for your property.
You may not get maximum cash for your house, though. These home cash buyers will only offer up to 70% of the home’s fair market value.
iBuyers That No Longer Offer Cash for New Mexico Homes
- Zillow Offers: Zillow, the biggest real estate marketplace, started its iBuying arm in 2018. After losing $881M while over-paying cash for properties, in November 2021, Zillow stopped buying houses. Check out the story of the fall of Zillow Offers.
- RedfinNow: Redfin, the biggest discount real estate broker in the U.S., entered the home-flipping business with RedfinNow in 2017. In November 2022, RedfinNow shut down due to increasing operating costs.
Are Companies That Buy Houses for Cash in New Mexico Legit?
Yes, companies that buy houses for cash in New Mexico or cash house buyers are legitimate and operate legally nationwide.
🚨 Cash for Houses Scams: Remember to inspect how the cash company operates before you sign any real estate contract. A legitimate home buyer will never ask you to pay cash!
Types of Cash Home Buyers
Companies that buy homes for cash in New Mexico help home sellers skip the hassle of listing on the MLS, marketing, home staging, etc. The four types of cash home buyers are:
- “We Buy Houses for Cash” Companies: The “fix-and-flip” house cash buyers that buy distressed properties, make repairs, and sell on the open market. New Mexico home buyers pay 30% to 70% of the home’s fair market value and don’t have any service fees or closing costs.
- iBuyers: Home-buying companies that use proprietary algorithms and determine a cash offer for your house. In 2023, iBuyers in New Mexico will offer ~70% to 80% of the fair market value.
- Buy-and-Hold Cash Buyers: A buy-and-hold cash buyer in New Mexico will convert a distressed house into a rental property. They do not sell the upgraded property for a one-time profit and will enjoy a steady source of income.
- Home Trade-In Services: A home trade-in company will offer cash on your house to help you buy another property. They fund your next house while you sell the one you’re living in.
- 🏚️ Selling a Home in Poor Condition in New Mexico: We recommend “We Buy Houses for Cash” companies if your property is in bad shape. If the property only needs cosmetic repairs, you should list your home on New Mexico MLS. You can get up to 100% of the fair market value on the open market!
How Do Companies That Buy Houses for Cash Work?
“We buy houses for cash” companies buy New Mexico houses “as-is” at much lower than the market value. They mostly work offline. Let’s look at the steps involved when you sell your house to a “We Buy Houses for Cash” company:
- Share Your Property Details: Cash buyer companies in NM will collect basic information like the location and condition of your property. You can share this via phone or their website.
- Review the Preliminary Cash Offer: The “cash for homes” New Mexico company will make an offer after comparing similar properties in the area. Typically it is 30% to 70% of the home’s fair market value.
- Complete a Home Inspection: New Mexico home inspectors will perform an inspection if you accept the initial offer. After adjusting repair expenses and holding costs, the cash house-buying company will send a final offer.
- Accept the Final Cash Offer & Close: If the New Mexico home cash buyer’s final cash offer matches your expectations, then you can finalize the closing timeline.
» Sell My New Mexico House Fast: Check out 5 ways to sell your New Mexico house fast in 2023.
How Much Do New Mexico “We Buy Houses Cash” Companies Pay?
Companies that pay cash for houses in New Mexico use the 70% ARV rule.
Suppose your home is worth $300,000, and you have a defective roof that will cost $25,000 in repairs. So, you can expect a cash offer of about $185,000.
The 70% ARV Rule: New Mexico house buyers will never pay more than 70% of the property’s fair market value. They have to repair and renovate the acquired homes. The overhead expenses are deducted from your home sale proceeds.
» How Much are Closing Costs for Seller in New Mexico: Find home sale proceeds from selling your house in New Mexico.
“We Buy Houses for Cash” New Mexico: Pros and Cons
The biggest benefit of New Mexico cash buyers is their speed and convenience. Selling a house for cash will almost always net you 10% to 30% less than a financed offer though. Let’s look at the pros and cons of selling a home to a cash home buyer:
✅ Pros
- Fast Cash Sale: In the traditional model, you have to list on the MLS and wait for potential buyers. However, with “We Buy Houses for Cash” companies, you get a cash offer within 24-48 hours of submitting details on their website.
- Flexible Closing: “We Buy Houses Cash New Mexico” companies move faster than traditional buyers. Home sellers can close on their timeline and need not wait for listing paperwork or mortgage pre-approvals!
- No Service Fees: “Cash for homes” companies don’t charge any service fees. The net profit after fixing and selling your home is enough for them to sustain their fix-and-flip model.
- No Upfront Costs: To earn maximum cash, home sellers invest in real estate photography and staging before listing on the MLS. NM cash home buyers purchase homes as-is, so you can skip marketing or repair costs.
❌ Cons
- Lowball Cash Offers: Companies that buy homes in New Mexico generally pay 50% to 70% of the home’s fair market value, deducting all repair, utility, and re-selling expenses. Although there may be room for negotiations, you can’t expect more than 70% of the market value of your home.
- Non-Negotiable Deals: When dealing with “cash for houses” companies, the deal is usually take-it-or-leave-it. You can try to negotiate if the company overlooked something important, but most cash companies will not budge on price.
- Some Cash Buyers Will Make You Pay Closing Costs: Homeowners are forced to pay the seller’s closing costs, and it’s not disclosed on the cash buyer’s site. You should always read the terms and conditions document carefully.
» Estimate Seller Closing Costs New Mexico: Breakdown of closing costs you incur as an NM home seller.
Alternatives to Companies That Buy Houses for Cash in New Mexico
- List Your Home With a Flat Fee MLS Service: With a Flat Fee MLS service, you can get up to 100% of the fair market value on the open market. High-tech For Sale By Owner websites like Houzeo will list your home on the local MLS within 24-48 hours and help you sell fast! 22% of homes listed on MLS sold above their final list price in February 2023.
- Hire a Top Realtor: New Mexico Realtors have the expertise to help you sell your property fast within a set timeline. However, the best realtors will charge a 6% commission. That amounts to thousands of dollars in realtor commission! It’s the worst option if you want to earn maximum cash.
- Sell “For Sale By Owner”: Selling your home purely For Sale By Owner implies no access to the MLS. You market your property, conduct market research, manage offers and showings, etc., all by yourself.
» For Sale By Owner Websites in New Mexico: Check out the best FSBO sites in the Land of Enchantment.
Frequently Asked Questions about New Mexico Cash Buyers
1. What is the best company that buys houses for cash in New Mexico?
Houzeo is the most popular platform for New Mexico sellers looking for cash offers. Houzeo.com lets you access the power of the MLS for a small flat fee, giving you exposure to cash home buyers. iBuyers, including Opendoor, have also made offers on properties listed on Houzeo.com.
» How Much Does it Cost to List on MLS: Read to Know Why MLS Listings are Worth the Cost.
2. Do We Buy Houses companies in New Mexico make fair offers?
Yes! iBuyers will offer up to 100% of the fair market value of your property. Local “we buy houses in New Mexico" companies will typically offer less than 50% to 70% of the fair market value. Listing your home on a marketplace like Houzeo.com will get you exposure to iBuyers and local investors. This significantly increases your chances of maximizing your cash offer.
3. How can I sell my house fast for cash in New Mexico?
Opt for a cash buyer marketplace. “We buy houses for cash” companies in New Mexico are best for distressed homes. They will offer 50% to 70% of the fair market value. An iBuyer will have strict purchase criteria and may not offer more than 70% to 80% of FMV. Marketplaces like Houzeo let you expose your property to nationwide cash buyers and iBuyers simultaneously.