THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $15,000. The duration of the note is 15 months. On a $1 down payment, the monthly payment would be approximately $1000/month, including principal, interest, property taxes, and servicing fee. There is no prepayment penalty to pay the note off faster.
The down payment will be $2000
(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $18,000 (due to bid4assets) will be due within 3 business days of the auction's close and may be paid by, cashier's check, or wire transfer.
This is a land contract sale, where the deed is held in escrow and will not be recorded until the note is paid in full. All monies paid are non-refundable.
Bidders are responsible for due diligence on property condition, back taxes,
PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID!
Title: Discover 0.06 acres of well-located land on Lakeview Ave in Lake Elsinore
Description:
Discover 0.06 acres of well-located land on Lakeview Ave in Lake Elsinore, CA 92530, offering a great opportunity for investment or future development. This flat, usable parcel is situated on a paved road with nearby access to utilities, making it convenient for a potential build
Pricing details:
Property Details: Lakeview Ave, Lake Elsinore, CA 92530
Parcel Number: 375-122-032
County: Riverside County
States: CA
Parcel Size: 0.06
City: Lakeview Ave
Zip Code: 92530
Center GPS Coordinates:
33.682466, -117.357983
Corner GPS Coordinates:
33.682585, -117.358035
33.682510, -117.358111
33.682388, -117.357856
33.682339, -117.357895
Legal Description: LOT/PARCEL 69 MB 13/63 COUNTRY CLUB HEIGHTS UNIT 9
Elevation: 1,359 ft.
Property Access: Lakeview Ave