THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $4,000. The duration of the note is 8 months. On a $1 down payment, the monthly payment would be approximately $500/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 $1300

(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $8000 price (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: Affordable Arkansas Land – Secure Your Piece of Lake Village Today!

Description:

Own a 0.18-acre lot in the charming community of Lake Village, Arkansas! Located on Green Randy Rucks, this property offers an affordable opportunity for future development, investment, or a peaceful getaway near the scenic Mississippi Delta region

Pricing details:

Property Details: Rucks, Lake Village, AR 71653

Parcel Number:  030-01492-000

County:  Chicot

States:   AR

Parcel Size: 0.18 Acres

City: Lake Village

Zip Code:  71653

Center GPS Coordinates:

  33.331964, -91.288855

Corner GPS Coordinates:

33.331758, -91.288788

33.331797, -91.288700

33.332131, -91.289047

33.332191, -91.288895

Legal Description:  LOT 4 RUTH'S REPLAT

Elevation:   122 ft.

Property Access:  Green Randy Rucks