THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $18,000. The duration of the note is 18 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 equal to $2300
(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: Vacant Land for Sale – 10.40 Acres in Kern County, CA!
Description:
A 10.40 acre property in Kern County, California offers a fantastic opportunity for those looking to invest, build, or simply own a piece of land in a peaceful setting. This lot provides essential conveniences while maintaining a quiet, rural atmosphere. The neighborhood has a few small homes, making it a great location for off-grid living, a weekend getaway, or future development.
Pricing details:
Property Details: Gantt Rd., California City, CA 93505
Parcel Number: 302-061-29-00-1
County: Kern County
States: CA
Parcel Size: 0.23
City: california city
Zip Code: 93523
Center GPS Coordinates:
35.144119, -118.054781
Corner GPS Coordinates:
35.144493, -118.057022
35.143672, -118.057010
35.144493, -118.052463
35.143666, -118.052454
Legal Description: SECTION 18 , TOWNSHIP 32 , RANGE 37 , QUARTER
Elevation: 2,321 ft.
Property Access: Gantt Rd.