Bid4Assets Auction 429122 : 3 Lots, Lake Arrowhead, So Cal Land, Road Frontage, Power, No Reserve

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Land Properties

	Address	Line Drive Lake Arrowhead, CA 92352 United States

	County	San Bernardino

	Parcel Number	0345-114-49

Asset Description

Here's one you'll certainly want to look into. You are bidding on a group of 3 adjoining lots that sits at the northern end of Lake Arrowhead. The property is located on Line Drive, near Creek Drive in an area of nice homes and cabins. The lot has a real nice mountain view and is a mild downsloping lot. This well known resort area is a favorite of Southern Californian’s and here’s your chance to get some. This is an area that offers excellent outdoor activities including fishing, snow skiing, hiking, and much more. Land in the Southern California Mountains got quite expensive, but now is an excellent time to buy as prices have come back down and are currently affordable, so don’t wait much longer or you’ll be paying more. We will start the bidding at $2,900 and there is NO RESERVE. You are bidding on the FULL PURCHASE PRICE of THE PROPERTY. There is a small $199 doc fee in addition to the Buyer's Premium which offsets the cost of the listing and other fees. Happy Hunting and don't miss out on this one. We do perform a title search with every property we buy enabling us to guarantee free and clear title to the successful bidder.

The property itself is a mild downsloping group of lots, that totals 81 feet along Line Drive, 90 feet of depth along the right edge, 90 feet along the left edge, and approximately 81 feet along the rear of the lot. The land slopes down from the road. There are some homes and cabins nearby. Power and utilities are within a block away. Property taxes for this lot are roughly $500/year. A title search was done on this property prior to our purchasing it so we can guarantee clear title to the property.

The first photo shown is of Lake Arrowhead. Photos 2, 3, and 4 show the actual property, taken from different views. We have also included a County Parcel Map and a Topographical Map to help you. The assessor's parcel number to the property is San Bernardino County APN# 0345-114-49. To view this property on Map Quest simply click on this link to see a map and an aerial view of the area: http://www.mapquest.com/maps/l=34.280554;g=-117.207960 (You may have to copy and paste to your web address bar.)

The winning bidder must contact us within 48 hours of the closing of this property and submit payment. We accept the following forms of payment: Credit Cards (Visa, Master Card, and American Express,) Personal check, Cashier's Check, and U.S. Postal Money Order. The property is being sold "As-is, Where-is and any potential bidder should perform their own due-diligence. The high bidder will be considered the winning bidder and the sale will be considered binding. Good Luck and if you have any questions feel free to contact us.

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Property

County Parcel Map

Topographical Map

PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to, a) a satisfactory inspection of the property b) completion of a title search c.) investigating back property taxes and D.) other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements

This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.

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