About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $1,475. Term options: 1 year at 0% ($114.67/mo); 2 years at 9% ($62.86/mo). Pay-in-full price: $1,327 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This great approximately 1/2 acre property is very close to the Manzano Mountains and would give you a tremendous vacation spot close to the mountains, with breathtaking views that you must see in person. This far east, it's likely to be just you, the mountains, and some ranchers. This could be your perfect recreational property. Although this property is far from most development and close to the mountains, it is less than half a mile from the excellent Trigo Springs Road. Lot 1 has southern frontage on platted Ojitos Avenue and western frontage on platted Castillo Street. Ojitos Avenue was graded long ago, and has faded because nobody has been driving on it. You can leave it as it is, or re-grade it if you choose to do so. You can grade in any access easement if you want to do so. Buyer Note No business or commercial activity of any kind is allowed involving a property under loan contract. Any plans you might have of a commercial nature must wait until the property is paid for in full and ownership has been transferred to you. Additional Notes Very Close To Mountains
Location
Rio Grande Estates - Valencia, Unit T, Block 1200, Lot 1, Valencia County, NM
Outline shown is about 0.6 acres. Approximate boundaries from GIS or the seller, not a survey. Get a survey before you build or fence.
Owner Finance Terms
Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in NM before signing any agreement.
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