About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $14,975. Term options: 1 year at 0% ($1,239.67/mo); 2 years at 9% ($679.61/mo); 3 years at 9% ($473.05/mo); 5 years at 9% ($308.80/mo); 7 years at 9% ($239.34/mo); 9 years at 9% ($201.46/mo); 11 years at 9% ($177.93/mo). Pay-in-full price: $13,477 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Unit 26 is in the northeast part of the subdivision and is bordered on its southern side by the Rio Del Oro Loop. These five side-by-side lots have frontage on platted Paisano Boulevard. Some of these properties were subject to annual fees from the Valley Improvement Association. The Valley Improvement Association has helped to promote the area as well as providing benefits for the owners. Effective January 1, 2024, Valley Improvement Association, Inc, will no longer impose an annual assessment on properties that were subject to an annual assessment. Taxes are under $20 per year per lot and are current.
Location
Rio Del Oro Commercial, Unit 26 Block 34 Lots 3,4,5,6,7, Valencia County, NM
Outline shown is about 1.2 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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