This bid and assume auction is for a 2.3 acre Oregon Parcel located in a private development about 45 minutes from Klamath Falls, Oregon. This parcel is located just outside of the small town of Sprague River where there is limited shopping and supplies. This property is located in a beautiful area of Southern Oregon where there is an abundance of natural streams, lakes, and open national forest. This property is very close to the Sprague River and only a short drive from the Williamson River and about 45 minutes from Klamath Lake (the largest lake in Oregon). There are about 35 full-time residents living in this development. This area is ideal for the outdoorsmen and offers a number of recreational activities in the surrounding areas including, but not limited to hunting, fishing, and hiking. This property has no time limits on building and would make a great parcel for recreational use or use as a building site. This parcel is located in a growing area close to the small town of Sprague River, and Chiloquin where there is a small casino.
1/53-KFE Onsite Notes: This parcel is level to gently sloping with scattered ponderosa pines and great views. There is power and telephone located on the street making this an excellent place to build.
Please read the following before you bid! YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
The Winning Bidder will assume a balance of $14,500. 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 $159. Contact us for other term and interest rate payment examples. Monthly Payment may vary slightly based on final Auction Bid 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.