Your Winning Bid is the DOWN PAYMENT PRICE of the Property! Your Down Payment will be subtracted from
the assumable balance of $27,500!
Guaranteed Financing is offered by the seller
to the winner of this auction! Installments as low as $302 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 19.37 acre property is located outside of the small town of Sprague River, Oregon, in Klamath County, where there is a post office, and limited shopping. The property is level with a few scattered trees. There are several rivers in the area including the Williamson and Sprague River. About 1 hour to the west is Klamath Lake which is the largest lake in Oregon. To immediate north exists miles upon miles of national forest to explore. This area is ideal for outdoor enthusiasts and offers a number of different ways to enjoy the natural surroundings.
The property is level and is surrounded by private undeveloped land, making it very private and quiet. This would make an ideal location for a rural retreat with plenty of space around you.
The property is zoned rural residential. You'd need a well or cistern and septic to build on the property. There is power a few miles away from this property. Homes in the area typically generate power by generator or solar as bringing power in can be expensive.
Taxes run about $167 a year. There are no association dues.
Listing ID: OR-35-11-23-E2SW4NE4
Please read the following before you bid!
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $27,500.
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 $302.
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 $27,500
The amount of the Winning Bid will be deducted from
the assumable balance as the down payment!