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 in the western part of Rio Grande Estates about 2 miles east of the Rio Communities. This would give you a tremendous vacation spot closer to the highways, but still with those great mountain views. This could be your perfect recreational property. Valencia County allows you to camp or RV on your property for up to 30 days per year while you hold it for investment. If you want to RV, we think that you will need to get a skid steer and clear up along the road easements. A pickup or SUV can probably go anywhere in the region, but you will want to scout the terrain for yourself. We have not been to this property. Trigo Trailhead, Manzano Peak, Gallo Peak, and many other natural wonders await your exploration. 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 Recreational / Investment
Location
Rio Grande Estates - Valencia, Unit B, Block 706, Lot 52, Valencia County, NM
Outline shown is about 0.5 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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