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Beautiful Area South of Albuquerque!!!
Very Close to Manzano Mountains!!!
This is the "Land of Enchantment"
Financing by owner
Please read the entire ad. Then bid if you wish to buy the land.
You are bidding on the "Down Payment" for a Large 0.50 Acre lot for a single-family home in Valencia County, New Mexico, South of Albuquerque in the "Rio Grande Estates" subdivision
Survey Plat Map that shows this land (see below)
Payments: As low as $50.59 per month * (see below)
Location: Rio Grande Estates, Valencia County
Parcel size: Half Acre ; 21,780 square feet
Location: Valencia County, New Mexico
Elevation: Approx. 5,200 feet
Type of terrain: Level
Roads: Dirt
Power: Power is in subdivision, but not near property yet. Buyer will need a gas generator, wind generator, or solar power.
Water: Buyer will drill a well approx. 300-350 feet deep and / or water storage tank, when you build a home.
Sewer: Buyer installs septic tank when you build a home.
Phone: Cellular
Zoning: Residential
Property taxes : paid
Association dues: none
Time limit to build: none
Owner has 22 years experience in Rio Grande Estates
Owner's wife is a Chief Accountant, to accurately monitor your payments at No extra charge to you !!
Documents and Closing fees: $150.00 will be added to the winning bid.
Survey Plat Map and Road Maps, Photos : By mail with land purchase contract.
Title: Grant Deed - after paid in full.
Rio Grande Estates is located just 25 miles South of Albuquerque, which is the largest city in New Mexico. Rio Grande Estates is a very big developing community located East of I-25 and the Rio Grande River. There are developed areas and other areas of no development yet. This land is surrounded by an open countryside very close to the nice Manzano Mountains tower above 10,000 feet. There are a few National Forests in the area, which provide different outdoor activities: hiking, biking, snow skiing, horseback riding, wildlife photography, bird watching, hunting, camping sightseeing, fishing, rafting.
Albuquerque is the biggest city in New Mexico and is host of the two largest events, The State Fair in September, and the Fabulous Albuquerque Hot Air Balloon Festival in October. People witness the spectacular mass ascension of hot-air-balloons in the morning for several days. There are few balloon ride operators in Albuquerque who offers balloon rides all year around. After landing you will be toasted with a champagne, presented with flight certificate, free photo( www.rainbowryders.com). Check other adventures in New Mexico : www.icecaves.com , www.meteorcrater.com ; www.nrao.edu ; www.turquoisetrail.org ; www.santafeadventure.com ; www.skisantafe.com .
This lot is located a few miles South East of Rio Communities developing area with shopping center, schools, businesses, many nice homes, Tierra del Sol Country Club and Golf Course and a population about 5,800 people.
The larger town is Belen www.belennm.com with population 7,496 includes a 24-Hour Wal*Mart Super Center, University of New Mexico Valencia Campus, schools, churches, services, Post Office, banks, restaurants, and more. Belen founded in 1740 and became a city in 1966. Valencia County population has grown 46% in the last 10 years.
The LoPresti Airplane factory is planned to be built soon at the Belen Airport. They will produce the Fury 2-Seater Airplane. This factory is expected to hire about 300 people for jobs. See their website at: www.loprestifury.com
The New Mexico Economic Development Department has more that 30 incentive to locate new businesses, and offer jobs, such as on-the-job training reimbursments for 50% to 70% of the employees wages for up to 6 months. http://www.edd.state.nm.us/index.php?/business/category/Incentives%20and%20Programs/
There is also a New Passenger Rail System which began operation in 2007, linking the Belen and Los Lunas area directly with Albuquerque. It will eventually also go to Santa Fe.
It is the New Mexico Rail Runner http://www.nmrailrunner.com giving Rio Grande Estates long-term investment potential.
This property is located a peaceful, quiet, beautiful area, with summer temperatures in the 80's-90's, and winter in the upper 40's-50's. Clear deep blue sky and sunshine 350 days annually make this an attractive investment property.
Navajo Avenue is a maintained county road into Rio Grande Estates. Every lot has public access. The road plan is a 40 or 50 foot wide dirt road in front of the properties. The roads were graded in several years ago. With little or no traffic, most roads will need the weeds cleared off. Every lot was surveyed, and markers may, or may not all be visable today. There are no time restrictions to build, no association fees.
U.S. Geological Survey Topographic Map: http://terraserver-usa.com/imageinfo.aspx?t=2s=14z=13x=108y=1198w=3
U.S. Geological Survey Aerial Photo: http://terraserver-usa.com/imageinfo.aspx?t=1s=14z=13x=108y=1198w=3
Other sellers listed lots in the same area for $4,500- $10,000 and more! You can view listings at:
http://www.uspropertyadvertiser.com/rio_grande_ads.htm
http://www.wwinvestments.com/realestate/residential/newmexico/riogrande/webs.cfm#
You are bidding on Down Payment only!
The full price of this property is $2,395.00
Your bid price will be subtracted from the full price of $2,395.00 and balance can be paid :
1. Under 12 months and 0% interest approx. $199.58 per month.
2. Full purchase price after auction, and you will get deed very soon.
3. * Financing by owner with 8% interest and monthly payments of approximately:
$50.59 for 60 months *
$55.17 for 54 months
$60.91 for 48 months
$78.18 for 36 months
$112.84 for 24 months
Pick a payment plan to suit your budget!
Everyone qualified- There will be no credit checks!
NOTE: The High Bidder has the Option of Adding in Another One or Two Similar Size Lots for Double or Triple Price. These lots will not be adjoining lots and located in another Unit. You will have only one of the documentation and closing fee, which will save you money.
We also have Two adjoining Lots (1.8-acres) for $6,950.00 and are available by request.
There is documentation fee of $150.00 that will have to be paid with the down payment within 3 days of the end of the auction.
We accept a cashier's check, money order, or personal check for monthly payments and PayPal for down payment.
We will send you a land purchase contract to sign and return, plus a 24'' x 36'' Survey Plat Map, area maps and photos. Your first monthly payment will be next following month after auction. You can choose your monthly payment due date.
There are no pre-payment penalties.
After the property is paid in full, a Grant Deed will be recorded in your name and mailed to you.
Please do not bid if you have no intention of buying the property.
We will leave a negative feedback for a non-paying bidder.
Note:
1. There are many lots in this area, therefore the photos above are not of any specific lot.
2. This auction requires a $150.00 closing / documentation fee. The high bid amount will be used as a down payment and will be subtracted from the full selling price.
3. Please allow 3 days for all paperwork after your down payment is received.
4. We will e-mail the winning bidder notice in the same day the auction ends.
5. Winning bidder must contact us within 24 hours after the end of auction, and must make a choice of payment plan and monthly payments due date.
6. Winning bidder must send payment during 3 days after the end of the auction.
Thanks for looking and good luck on bidding!
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