Colorado Foothill Land 5.2 Ac. Views!! Owner Financing! No Qualifying!
This Auction is a BID AND ASSUME Sale! Your Winning Bid is the DOWN PAYMENT PRICE of the Property!
The amount of Your Winning Bid will be deducted from the assumable balance of $12000! The assumable balance is payable over 20 years at approximately $132 per month.
The amount of Your Winning Bid, up to $500.00, is due within 24 HOURS AFTER THE AUCTION ENDS. The remainder of Your Winning Bid and the $249.00 Documents Fee are due within 10 days.
Owner Financing! - No Credit Checks! - No Qualification to Own!
LOCATED IN SOUTHERN COLORADO THIS SPECTACULAR 5.220 ACRE PARCEL IS LOCATED IN THE FOOTHILLS OF THE SANGRE DE CRISTO MOUNTAINS THE LAND IS LEVEL WITH EASY ACCESS FROM THE HIGHWAY AND GREAT VIEWS OF THE SURROUDING MOUNTAIN RANGE. THE LAND HAS A FEW SCATTERED PINON PINES , THIS IS A SPECTACULAR AREA WITH SNOW CAPPED MOUNTAIN VIEWS AND THE EVER CHANGING COLORADO SKYSCAPE. ABOUT 100 HOMES HAVE BEEN BUILT TO DATE. THE AREA IS SURROUNDED BY LAKES, STREAMS AND NATIONAL FOREST. COUNTY MAINTAINED ROADS TO THE LAND. THIS PARCEL IS LOCATED ON LUKE ROAD. BEAUTIFUL PARCEL TO BUILD NOW OR HOLD FOR THE FUTURE.
689/63/SDCR-C
Please read the following before you bid!
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!
High Bidder will assume the balance of $12000 payable at $132 per month.
Go ahead and get competitive with Your Bidding, as the amount of Your Winning Bid will be deducted from the assumable balance!
Up to 20-year financing at 12% simple interest on the unpaid balance.
No Prepayment Penalty.
5 Percent discount given on remaining balance when prepaid in full.
For alternative Terms, Please enquire.
Monthly Payment may vary slightly based on final Auction Bid Amount.
ASK ALL OF YOUR QUESTIONS BEFORE YOU BID!
Buyer will receive a 1-Year On-Site Exchange Privilege at no cost. Contact Billy for Non On-Site Exchange Costs. This Parcel is offered with Owner Financing and no qualification to own. This Parcel is within a Legal Recorded Subdivision or Plat. Buyer will have an Insurable Title and a Physical Survey of the land. Buyer will have guaranteed Physical and Legal road access.
To Obtain more information:
Send an email to - Or - Call and speak to Billy directly! 1-800-724-0551
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 immediately after the end of the Auction.
The winning bidder must contact me at within 24 hours after the end of the Auction.
Regardless of the winning bid amount, we will accept a maximum of $500 dollars via PayPal or Credit Card. That portion of the winning bid in excess of $500 must be paid when the Agreement is finalized.
A 'Documents Processing Cost' of $249.00 on each auction will apply, and covers the cost of paperwork preparation and FedEx Mailings.
You may participate in only one of our property auctions at a time.
Do not bid if you find any aspect of these terms to be disagreeable.
Information regarding bidding and participating in this Auction:
Unless otherwise stated in an Auction's Details, all Auctions offer the sale of Land via the 'Bid plus Finance' Auction Format, commonly referred to as a 'Bid and Assume' Auction. In this instance the Seller is allowing the Winning Bidder to finance the balance of the property:
The Winning Bid amount shall be deducted (as a down payment) from the amount to be financed. The Winning Bidder shall be responsible for payment of the Winning Bid amount and the Financing Terms and Fees as described within the Auction description.
If the Winning Bid amount is less than $500: The Winning Bidder shall pay the Winning Bid amount IN FULL within 24 hours of the close of the auction, and within 10 days of the close of the Auction have returned the signed Purchase Agreement along with the Processing Fee.
If the Winning Bid amount is $500 or more: The Winning Bidder shall pay $500 within 24 hours of the close of the auction, and within 10 days of the close of the Auction have returned the signed Purchase Agreement along with the Processing Fee and the balance of the Winning Bid amount.
Any Winning Bidder that fails to remit payment will be blocked from any future auctions until such fees are paid.
The Winning Bidder is also responsible to remit monthly installments based on the new financing, terms, interest rate, and fees as described within the Auction description.
The Winning Bidder has the option to pay off the new financing in full at any time, without penalty. In fact, a discount may be available in this instance. We recommend you inquire as to the availability and amount of this discount prior to making your Bid.
An Auction may have a 'minimum bid' or 'reserve', meaning the Seller may have established an unpublished minimum bid price. The starting bid is not necessarily the minimum bid or reserve. In order to win the auction, a bidder must meet or exceed the minimum bid price and have the highest bid. In some instances the Auctioneer may place a proxy bid on behalf of the Seller to meet the minimum bid or reserve amount. If no bidders meet the minimum bid price, the Seller is under no obligation to sell the property.
The Seller may withdraw any Auction at any time without notice.
RULES REGARDING MULTIPLE HIGH BIDS AND MULTIPLE PURCHASES A Bidder is allowed to be the current High Bidder in a maximum of 2 Auctions in any 10 day period. Established customers can request to have this limit increased.
A Bidder may not purchase more than 2 parcels until payment has been made on the initial purchases. We reserve the right, at any time, to limit the number of bids and purchases made by any Bidder.
THE FOLLOWING INFORMATION IS FOR THE WINNING BIDDER: Within 2 days of our receipt of your Down Payment and the required initial purchase information we will send to you a 'Purchaser's Package'.
This Purchaser's Package consists of the following:
-A Purchaser's Profile form. -Two Purchase Agreement options for you two choose from: a '12-Year Plan' and a '20-Year Plan'. -A Prepaid FedEx Shipping Envelope.
The Purchaser's Profile form may appear similar to an Application for Credit, but it is not, as we do not check your credit or your references. We are not concerned with your past credit history. The Purchaser's Profile form provides us with important alternative contact information to be used in the event that we are unable to contact you as usual.
The 12-Year and 20-Year Purchase Agreements are the two most common plans that our customers make use of. Feel free to select the plan that best suits your needs. Additionally you may indicate your preferred Payment Due Date.
Once you have filled out the Purchaser's Profile and Purchase Agreement, place them into the prepaid FedEx shipping envelope along with any other Payment that may be due based on your individual situation. Take the envelope to a FedEx drop-off location, or call FedEx directly at 1.800.GoFedEx (1.800.463.3339). FedEx will deliver express mailings to us with two business days. As time is of the essence, please return the Purchaser's Package to us within 48 hours of your receiving it.
Once our Office receives your completed Purchaser's Package your purchase will be processed and we will send to you a signed Purchase Acknowledgement, a receipt for your down payment, and a Self-Adressed Return Envelope for you to use for your first Payment.
--MAKING PAYMENTS-- When mailing your Payment, detach the small voucher from the end of the receipt from your previous Payment and write in the amount you're paying and include it with your check in the Self-Addressed return envelope. Affix the neccesary postage and mail it off! We recommend mailing your Payment a week before it is due so that it will reach us in a timely manner.
Your Payment will be posted once our Office receives it, and on the following Friday we will mail to you a receipt and another Self-Addressed Return Envelope for you to use with your next Payment.
Please contact us if you don't receive your receipt and Self-Addressed Return Envelope within 2 weeks of mailing your payment.
PLEASE NOTE: A $6.00 Payment Processing Fee is required on each installment of Payment-Plan purchases. This fee is represented on the itemized voucher stub of your receipt.
PLEASE NOTE: We do not send to you a Monthly Statement! We send only a receipt with itemized voucher stub after each Payment has been posted. If i have not received your Payment with 15 days of the due date, you will receive a late notice and/or a phone call, which will alert you that we did not receive your Payment. At that time you can check with your bank to see of the check cleared. Or if you simply forgot to send the payment, just give me a call and I will mark your account 'payment is on the way'. We do assess late fees of 10% of your minimum required payment, but not less than $5.00 - so to avoid this charge, be timely with your payments. We also assess a $35.00 fee for ALL returned checks. We will redeposit a check one time. If it is returned NSF again, then you will have to replace the check with cashier check or money order.
PLEASE NOTE: We do NOT accept credit cards for monthly Payments.
Bill-Pay Services: Most banking and financial institutions provide a 'Bill-Pay Service' for their account holders. You need only to provide them with your account number, which is on all documents you receive from us, and our mailing address. Quite a few of our buyers are using this method of payment, and there have been no problems whatever. You will still continue to receive from us a receipt with voucher stub and a Self-Adressed Return Envelope after each Payment has been posted.
--PHOTOS, MAPS, SATELLITE IMAGERY-- Maps can be made available only after your Purchaser's Package has been processed and your Down Payment has been paid to us in full. In most instance we have included in the Auction all photos that we have of your property. Feel free to inquire as to the availability of additional photos, as in some instances we do have on-hand many more photos than what was shown in the auction. PLEASE NOTE: Additional Photos(if available), Land-Maps, Large Format Maps, and satellite imagery may take up to 2 weeks to prepare for your individual Property. Please allow ample time.
--QUESTIONS REGARDING YOUR ACCOUNT-- If you have any questions regarding your account feel free to contact me. Johanna Spencer Office Manager (949) 248-2512
- All pictures in this auction are the sole property of BillyLand.com - - Any use of these pictures by any other individual, group, or entity is prohibited! -
