1015 Waterfall Dr NE, Rio Rancho, NM 87144

Listing agent: Sean Remington, Call 505-307-4006 for information. Through HUD's Neighborhood Stabilization Program (NSP), this home has been purchased for $145,000, will endure approximately $50,000 in renovations, and be sold to someone who makes between 50%-120% of the area median income (agents see attached) for a mortgage amount of $145,000! Not your everyday standard sale - way too much to discuss than there's room to describe here. Please call listing broker for specifics on the Neighborhood Stabilization Program. Only 1.75% downpayment required for FHA.