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0.25 Acres near New Facebook Center in Los Lunas, NM (Rio Del Oro) - $1 No Reserve!

Seller Name: Land of Land, Inc.
Rating:   (7)
Location: 34.698008,-106.519639
Los Lunas, NM 87031
United States
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Asset was sold for $201


Asset Information

Item Specifics - Land Properties
Land Properties
Address 34.698008,-106.519639
Los Lunas, NM 87031
United States
County Valencia
Parcel Number 1022031020105215300
Lot Size 0.25 acres
Annual Taxes $20.00
Asset Due Diligence Browser
Additional Terms of Service

ALL PROPERTIES SOLD IN "AS IS" CONDITION WITH BUYER(S) RESPONSIBLE FOR VISITING PROPERTIES AND ALL DUE DILIGENCE ABOUT LOCATION, ENCUMBRANCES, EASEMENTS, ACCESS, MINERAL RIGHTS OR LACK THEREOF, WATER RIGHTS OR LACK THEREOF, ETC. PRIOR TO SUBMITTING ANY BIDS! UTILITIES LISTED AS SEPTIC OR WELL MEANS THAT THOSE ARE THE LIKELY BEST SOURCES OF WATER OR WASTE TO BE INSTALLED BY BUYER AFTER PURCHASE, NOT THAT THERE ARE EXISTING WELLS OR SEPTIC FIELDS ON THE PROPERTIES. ROAD TYPE MAY BE THE NEAREST AVAILABLE ACCESS AND MAY NOT EXTEND FULLY TO PROPERTIES. ALL BUYERS ARE ENCOURAGED TO CONSULT AN ATTORNEY PRIOR TO BIDDING. SOME PHOTOS MAY BE OF GENERAL AREA BUT NOT EXACT PROPERTY BEING SOLD. INFORMATION IN AUCTION LOT DESCRIPTIONS ABOUT PROPERTIES IS BELIEVED TO BE ACCURATE BUT BUYERS ARE FULLY AND COMPLETELY RESPONSIBLE TO INDEPENDENTLY VERIFY ALL DATA PRIOR TO SUBMITTING ANY BIDS.

Settlement Requirements

**Payment due in full within two business days from conclusion of auction.**

Total amount due will be the final 'hammer' price plus a Buyer Premium of 10% with a $100 minimum plus a $495 documentation/processing fee. After payment is received allow up to six (6) weeks to receive your recorded Real Estate Deed. Your bid is an irrevocable offer to purchase the asset. Unless otherwise specified, taxes or fees which may be owed on any property in the auction are the responsibility of the buyer. Check before bidding.

By bidding, buyer expressly agrees to be held responsible for anyone bidding on buyer's computer or through buyer's Bid4Assets account. A 3% charge will be assessed for any Paypal transactions. An auction lot that calls for financing will require the bidder to complete a Contract For Deed agreement, the general terms of which are available for viewing here: https://docs.wixstatic.com/ugd/4c13d2_ec64bc67d0124a44ba2bdcda6408fe7a.pdf

NO CREDIT CARD CHARGEBACKS: Each Bidder agrees to NOT, under any circumstances, initiate a credit card chargeback with respect to any charges. Each Bidder further agrees that if, in violation of these Terms and Conditions, a credit card chargeback is initiated by the Bidder, these Terms and Conditions shall be conclusive evidence of the Bidder's (i) agreement to not initiate a credit card chargeback and (ii) waiver of any rights to initiate a credit card chargeback. Each Bidder acknowledges and agrees that on the Auctioneer's presentation of these Bidder Terms and Conditions to the bank, credit card company, or other financial institution that issued the credit card on which the disputed charges were made, such bank, credit card company, or other financial institution shall deny any credit card chargeback and shall re-credit all amounts to the account of the Auctioneer. If a Bidder initiates a credit card chargeback, such Bidder, even if successful, shall remain liable for all purchases made at the auction and shall be responsible for all costs.

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).

This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.

Payment Type
  • Certified/Cashier's Check
  • Wire Transfer
PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

  • A satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

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