About This Property
Owner financing: $99 down plus a $195 document fee. Financed price $3,250. Term options: 1 year at 0% ($262.58/mo); 2 years at 9% ($143.95/mo); 4 years at 9% ($78.41/mo). Pay-in-full price: $2,925 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. This is a great pair of adjoining lots, each one is approximately 1/2 acre. They are in an undeveloped area about 2.5 miles east of the Rio Communities. This is a fantastic scenic location to visit on vacation or you can combine these properties so that you can have approximately an acre to build your dream off grid permanent or vacation home. You will love your view of the Manzano Mountains. You will be off grid, utilities have not been run to this area. Buyer Notes 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.
Location
Rio Grande Estates - Valencia, Unit B, Block 727, Lots 19,20, Valencia County, NM
Outline shown is about 1.1 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.
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