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AUCTION ID #: 453620 Bookmark and Share
$1 NO Reserve - Golf Course Community Lot NM - LIQUIDATION SELL!
Item 453620  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 07-12-10    10:30 PM ET
Auction Closed: 07-18-10    09:30 PM ET
Asset Details
Seller Information
   
Seller Name: US Prime Land
Rating: Seller Rating - 5 (591)
Location: Timberon, NM    88350
View Seller's other items
 
 
Bid Increment: $50
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
Page Views:
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Asset Information Additional Details Your Bid History
Item Specifics
 
Land Properties  
  Address
Timberon, NM 88350
United States
  County OTERO
  Display Maps No

Asset Description

Timberon, New Mexico Mountain Living

$1 BID STARTS !

NO RESERVE!

NO BACK TAX! NO LIENS!

WARRANTY DEED !!

This is the first time ever we are offering lots in this area at $1 NO RESERVE !!

Timberon Subdivision,
Unit 13, Blk 175, Lot 85,
Otero County, New Mexico

Please click here for previous sale, Lot#30 Sold for $4,100.00 Including Fees!!

Please click here for previous sale, Lot#52 Sold for $3,679.00 Including Fees!!

Please click here for previous sale, Lot#53 Sold for $3,679.00 Including Fees!!

About the Property


Timberon Subdivision lies in the middle of the Lincoln National Forest in central Otero County, New Mexico, an area surrounded by the Rocky Mountains.  Spectacular views no matter which way you look, this property lies in tree covered rolling hills.  Access to the property is excellent, the property lies in a developing subdivision with an existing golf course and private airport. You can own a fly-in/fly-out mountain getaway. 

(Picture is of lots in the area and not the actual lot)

 

Property Highlights

  • High bid is for total price land, not a down payment!

  • Timberon Subdivision includes a community lodge, golf course and swimming pool.

  • Timberon has an airport capable of handling small private planes.

    • Property lies 43 miles southeast of Alamogordo, New Mexico, and Holloman Air Force Base, and 88 miles northeast of El Paso Texas.

    • The property is mountainous.

    • Surrounded by National Forest Lands.

    • Close to ski areas, National Forests, National Space Museum, and White Sands National Monument.

    • Property is accessible year round, with awesome views of the mountains.

Lot Size: Each lot is approximately 125' by 175' or 1/2 acre.

Zoning: Residential

Utilities: Is available within the Timberon subdivision nearby unit 14, water is from a well.

Taxes: Approximately $10.00/ year and paid current through 2009.  Winner will be responsible for 2010 tax and all future taxes.

Payment Information

YOU ARE BIDDING FOR FULL PURCHASE PRICE!! THIS IS NOT A DOWN PAYMENT! NO RESERVE! NO PAYMENTS! HIGHEST BIDDER WINS!

Total Settlement Amount = Winning bid + $100 Minimum buyer's premium + $899 SELLER FEE/Closing Fee. We are selling at HUGE HUGE LOSS! The average cash price is over $3000.00 per lot. The above fees covers only part of our cost!! 

Methods of Payment: Certified Check, Cashier's Check, Wire Transfer, Money Order, and all major Credit Cards are accepted via PayPal. Payment must be received within 5 days of close of the auction  

Solution Graphics

 

Please bid only if you plan to follow through with the sale and agree to pay the Total settlement amount listed above. 

Deed Recording: You Don't have to record the deed yourself. We will record the deed.

Bidder Information
Please Note:  ASK ALL OF YOUR QUESTIONS BEFORE YOU BID! Be certain that you have no unanswered questions before you place your bid. Be certain that this property is suitable for your needs before you place your bid. If you are the winning bidder, Please contact me within 24 hours of auction end with the information to process your deed. Payment must be received within 5 days of the close of the auction. 

Disclaimer: All information contained here is to the best of my knowledge. This parcel has not been surveyed as of this date. The seller offers these assets for sale in "AS IS" CONDITION at the time of sale. All prospective purchasers are urged to research this information to their own satisfaction prior to bidding. All sales are final. Your bid is a legal contract to purchase per auction terms, and an acknowledgment that you have completed all due diligence BEFORE your bid. The auction itself is the contract between buyer and seller.  Therefore, no separate contract is needed and separate contract will not be sent.  Please bid only if you plan to follow through with the sale. Once you win the auction you will receive an email from bid4assets which is automatically generated and will not include the fees listed at the auction because each seller has different fees. The email you will receive directly from seller will include correct settlement amount as stated at the auction.  No hidden fees.  Thank you.



Additional Details
For more information about this asset including photos, specs and more (when available), click here.


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.
  • Certified/Cashier's Check
  • Wire Transfer
  • Money Order
  •