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); 5 years at 9% ($308.80/mo); 12 years at 9% ($169.29/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. This gorgeous approximately 5.62 acre property has lots of beautiful trees. The road easement to the property has not been graded in, but there is an RV visible two lots to the west, so there seems to be enough room to drive among the trees. You can always grade in the easement if needed, you will of course do this if you are going to build a residence. The El Malpais National Conservation Area is nearby. This is a designated significant geological, archaeological, ecological, cultural, scenic, scientific, and wilderness area. The views from Lot 42 are tremendous, especially views of Cerro Leonides, Cerro Americano, and Cerro Negra. Camp or RV without restriction while holding the property for investment. Or you can choose to build your dream off grid home if and when you choose to do so. High quality cheap land like this is harder and harder to find. Buy now before the price inevitably goes up. !
Location
Tierra Verde Ranchettes, Unit 6, Lot 42, Cibola County, NM
Outline shown is about 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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