About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $24,750. Term options: 1 year at 0% ($2,054.25/mo); 2 years at 9% ($1,126.17/mo); 3 years at 9% ($783.90/mo); 4 years at 9% ($613.44/mo); 5 years at 9% ($511.71/mo); 7 years at 9% ($396.61/mo); 9 years at 9% ($333.85/mo). Pay-in-full price: $22,275 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This large approximately 10 acre lot sits just beyond the heavily wooded areas that surround it. Lot 51 is a beautiful property, it's lightly wooded meadow and has plenty of open space. Lot 51 has frontage along Camino Del Tesoro Road, which comes right off of Camino Del Desierto, the main road through Unit 1. The property is located in the southeastern part of Unit 1 and its terrain is very lightly rolling. Power lines are about 0.72 mile away. The east side of the property adjoins the El Malpais National Conservation Area, a large area nationally recognized for its significant geological, archaeological, ecological, cultural, scenic, scientific, and wilderness resources. You can camp and RV on your property while holding it for investment, or build your off grid paradise. Utilities are not available in this remote area. You will probably choose solar for power, and use catchment for water. Important Property Buyer Notes No trees or heavy brush may be removed from a property while it is under loan contract. We might waive this requirement if a large down payment is made on the loan, but generally, you will need to wait until the property is fully paid off. 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.. Electric Nearby
Location
Tierra Verde Ranchettes, Unit 1, Lot 51, Cibola County, NM
Outline shown is about 10.1 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.
Find a NM Real Estate Attorney →Interested in this home?
Send the seller a direct message to ask questions, schedule a showing, or request terms.
Ownsley is a listing marketplace only. Always consult a licensed attorney before signing any RTO agreement. Learn more →