Your Winning Bid is the DOWN PAYMENT PRICE of the Property!
Your Down Payment will be subtracted from
the assumable balance of $12,950!


Guaranteed Financing is offered by the seller
to the winner of this auction!
Installments as low as $143 monthly!
Owner Financing! - No Credit Checks! - No Qualification to Own!


Payment for Your Winning Bid is due within 2 Business Days
after the auction ends.

Payments can be made On-Line at www.BillyLand.com/Payments

This 1.147 acre wooded property is located in an exclusive lake subdivision in Jackson County, Florida, about 1 hour from Panama City Beach, and about 80 minutes from Tallahassee, FL.

This property is heavily wooded, is mostly level, and has well maintained dirt road access. There is power and a neighboring homes on the next street over. There is a small interior lake about 1500 feet from the property.

The subdivision offer a number of amenities, including access to Compass Lake, a 600 acre spring fed lake. Also available to land owners is a club house with a restaurant, and guest cottages that can be rented. In addition to lake activities this is also a great place for keeping and riding horses. The subdivision offers an equestrian center, with stables, horses, and riding trails.

This property would be perfect for a primary, vacation, or retirement home and is a great place to enjoy outdoor recreation and lake activities.

HOA dues of $135/year gives access to Lodge with swimming pool, cabin rentals, RV spaces, boat rentals, an equestrian center and more.

This is a residential property and the restrictions will allow for site built homes of 1,000 sq ft only. Mobiles, trailers, and RVs are not permitted.

Compass Lake in the Hills Website

Compass Lake in the Hills Restrictive Covenants

Listing ID: FL-JKN-13/134/CLH-05

Please read the following before you bid!
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!

The Winning Bidder will assume a balance of $12,950.
The amount of your Winning Bid will be deducted from
the assumable balance as your down payment!

You can choose 4-year financing at 8% simple interest,
or up to 20-year financing at 12% simple interest.

As an example, 20 years at 12% would have
a monthly payment of approximately $143.
Contact us for other term and interest rate payment examples.
Monthly Payment may vary slightly based on final Down Payment Amount.

There is no Prepayment Penalty, and we offer a
5 Percent Discount on your unpaid balance when prepaid in full.

ASK ALL OF YOUR QUESTIONS BEFORE YOU BID!

Buyer will receive a 1-Year Parcel Exchange Privilege at no cost.
(Some properties may not be available as an exchange.)

This Parcel is offered with Owner Financing and no qualification to own.

This Parcel is within a Legal Recorded Subdivision or Plat.
This Parcel may be subject to Protective Covenants.
Title insurance is available on all Parcels.
We Guarantee a free and clear Title!

To Obtain more information:

Send an email to

- Or -
Call and speak to Billy directly! 1-800-724-0551

Visit this Link for Auction Terms and more information regarding
Bidding and Participating in this Auction.

Be certain that this land is suitable for your needs
before you place your bid.

It is your responsibility to determine if this
property is suitable for your specific needs!

Be certain that you have no unanswered questions before you place your bid.

The winning bidder will be contacted by email
immediately after the end of the Auction.

The winning bidder must contact me at

within 24 hours after the end of the Auction.

A 'Documents Processing Fee' of $249.00 will apply to each auction,
and covers the cost of document preparation and FedEx Mailings.
This fee is due no later than 10 business days after the auction closes.

Please, do not bid if you find any aspect
of these terms to be disagreeable.

YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!

The Winning Bidder will assume a balance of $12,950

The amount of the Winning Bid will be deducted from
the assumable balance as the down payment!