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Legal Description
Rio Grande Estates, Unit 3, Block 65, Lot 3
Size: 1 Acre, 43560 square feet, 242' x 180'
Location: Southeast of Belen, NM , Rio Grande Estates on Santa Clara Ave.
Time limit to build: None
HOA: None
Property taxes: $5.00 per year
Water: None, buyer installs well
Sewage: None, buyer installs septic tank.
Power: None, buyer installs solar or wind power
Roads: legal, mapped, unpaved
Surveyor's markers: None. Block corners have pins, but not lot itself. Buyer will need to hire surveyor to put pins on the exact corners. Google Maps and County website mapping are not accurate and 20-50 feet off.
Terms of sale
Full price : $3,095.00
Down payment: $295.00
Monthly payments: $61.62 per month for 52 months with annual interest 8%.
Available payment methods:
Zelle, Cash App, Chime, Venmo, Bluebird, Zelle and PayPal on the website for the down payment.
Land purchase contract and maps will be mailed by USPS after down payment received.
**Financing by owner. No extra charge for the bookkeeping. No prepayment penalty.
Late fees $9.00 will be added for each missed payment if over 7 days late.
Returned check bank fee $12.00 will be added for each returned check. This fee is a subject to change by the bank.
Property taxes will be added to the contract each November.
All payments are final and non-refundable.
We will need your:
♦ Full Name/s
♦ Valid Mailing Address
♦Phone Number for the Land Purchase Contract
*We never ask for your social security number.
Below is the PayPal link to complete your payment.
Please ensure that all information is accurate to avoid any delays in the process.
Title for the property: Grant Deed will be recorded on your name and mailed to you after all payments, taxes and fees paid in full. One time fee $50.00 will be charged for the deed, notary and recording in the end of the contract. It will take approximately 3 weeks for mailing and recording deed.
