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