About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $19,975. Term options: 1 year at 0% ($1,656.33/mo); 2 years at 9% ($908.03/mo); 3 years at 9% ($632.05/mo); 5 years at 9% ($412.59/mo); 10 years at 9% ($251.78/mo); 15 years at 9% ($201.60/mo). Pay-in-full price: $17,977 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. Lot 45 - 92 Andromeda Drive Lot 48 - 101 Pegasus Drive Lot 49 - 97 Pegasus Drive These are three adjoining approximately 0.5 acre lots that can be combined for a total of approximately 1.5 acres. Lot 45 slopes down from the road about 30 feet. Lots 48 and 49 are fairly level and would make a great building site. Unit 15 is the beautiful northern most unit in Timberon and is slightly more secluded than the rest of the subdivision. You will have wonderful mountain views and be just over 3/4 mile from huge acreages of state owned and US Forest Service land. Electric lines are only about 45 yards away and water lines are on the street but not to this property yet. T he
Location
Timberon, Unit 15, Block 165, Lots 45, 48 & 49, Otero County, NM
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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