About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $9,975. Term options: 1 year at 0% ($823/mo); 2 years at 9% ($451.18/mo); 3 years at 9% ($314.05/mo); 4 years at 9% ($245.76/mo); 5 years at 9% ($205.01/mo); 6 years at 9% ($178.02/mo); 7 years at 9% ($158.90/mo). Pay-in-full price: $8,977.50 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This is a beautiful 5.6 acre residential lot with stunning mountain views. Annual taxes $27, HOA dues $50. All land owners in Tierra Grande are dues paying members of the Tierra Grande Improvement Association. A unique benefit of membership is joint ownership of the "Tierra Grande Open Space". This is an incredible land conservancy, over 14,000 acres:
Location
Tierra Grande, Unit 3 Block 5 Lot 12, Valencia County, NM
Outline shown is about 5.6 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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