THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $19,000. The duration of the note is 25 months. On a $1 down payment, the monthly payment would be approximately $750/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 a total of $2400
(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $19,000 (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: 20.60 Acres of Untouched Land in California City, Kern County, CA – Ideal for Off-Grid Living or Long-Term Investment
Description:
Escape the hustle and own a vast 20.60-acre slice of raw California desert in the outskirts of California City, Kern County. Tucked away from town, this secluded parcel offers a unique opportunity for those seeking privacy, solitude, and future potential.
Pricing details:
Property Details: W Point Blvd., California City, CA 93505
Parcel Number: 271-210-01-00-0
County: Kern County
States: CA
Parcel Size: 20.60
City: California City
Zip Code: 93505
Center GPS Coordinates:
35.286806, -117.766111
Corner GPS Coordinates:
35.287680, -117.764060
35.287730, -117.768180
35.285690, -117.764310
35.285930, -117.768370
Legal Description: PARCEL MAP 10, LOT 36
Elevation: 3,604 ft.
Property Access: W Point Blvd