This Property is currently only available to Owner/Occupants, Government Entities, or HUD Approved Non-Profits. See details below.
SPECIAL NOTES:
(1) OWNER OCCUPANTS ONLY
(2) Seller to pay Taxes, HOA, and Municipal/Utility Liens.
(3) Bids below the reserve may be presented to the seller for consideration.
(4) Please read the Williams and Williams disclaimers carefully before placing a bid or submitting an offer.
4BR 3BA 2,575+/- sf 1-story single-family. Built in 1982. Approx .8ac lot.
- Buyer will not be charged a Buyers Premium or Auction Service Fee.</b>
- Buyer's Agent Commission: Not offered.
- Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. It is the Buyer’s responsibility to contact a local title agency or real estate attorney for a property specific estimate prior to placing a bid.
- Closing must occur on or before 30 days from seller's acceptance of offer.
- Buyer is responsible for obtaining possession of the property after closing.
- The property is being offered As-Is, Where-Is, without any contingencies.
- Seller will agree to transfer title via Special Warranty Deed (or jurisdictional equivalent) if buyer secures title insurance, at buyer's expense, without delaying the closing date. If buyer does not purchase title insurance, Seller will transfer the property via quit claim deed (or jurisdictional equivalent).
This is a HUD Second Chance home auction – Second Chance means it didn’t sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, Seller advises the home is discounted below Seller's appraised value. This is a limited time opportunity.
Open Public Inspections: Property can be accessed if accompanied by a Realtor. Realtor please call 800-801-8003 for access.
•To bid on this Property, you must be an Owner-Occupant Buyer (Buyer will be required to sign a statement that Buyer intends to use the Property as their Principal Residence), a HUD-approved Nonprofit, or a Governmental Entity •Property is being sold in an “as is” condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area.
•Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a “pre-qualification” letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction.
•Utilities Disclosure. The utilities to this property are not currently “turned on” and the property has been winterized. Utilities will not be turned prior to closing, regardless of inspections. Buyer will need to consider this and account for it if/when inspecting the property. Buyer is responsible for utility transfer post-closing.
•Buyer understands and acknowledges that square footage, acreage, and/or bedroom and bathroom count for the building sited on the property is based on an appraisal or county assessor information. Buyer further understands and acknowledges that measurements/acreage/count can vary from a few feet to several hundred feet regardless of source (County Assessor’s records, appraisal, or appraisal measurement report, etc.) and that said sources may contain erroneous information or measurements/acreage/count. Buyer should conduct their own investigation and satisfy that the size and/or square footage, acreage, and bedroom/bathroom count of the dwelling/building is acceptable to the Buyer prior to placing any bid or offer on a property. By placing a bid or offer on a property, Buyer is accepting the property in “as-is where-is condition” and agrees to be bound to the bid or offer should a discrepancy arise.
*Septic Disclosure. The Property may be subject to a State of New Mexico septic inspection. If the inspection is required, it will be performed prior to closing, and a copy will be provided to the Buyer. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at Buyer's expense. Buyer accepts all responsibility for any remediation, fees, or terms required by any governing authority thereof. Buyer will indemnify and hold harmless Seller and Williams & Williams, and their agents, from any and all any required remediations, fees, or terms and/or litigation in connection with any septic system on the Property and will sign an agreement reflecting same. Buyer should conduct an investigation into the status of and cost to repair the septic system prior to bidding and obtain a professional opinion if necessary.
BEG S69-29-15W 1781.63 FT FROM NE CORNER OF SW/4 OF SEC 35 31 11. THENCE N0-58-05E
116.20 FT, S59-46-23W 185.80 FT, S26-12-37E 78.00 FT, S17-22-40W 95.60 FT, S39-0-24E 99.33 FT, N36-37-29E 37.38 FT,
N46-35-46E 45.70 FT, N57-37-11E 38.36 FT, N0-58-05E 133.83 FT TO BEG.
- "As-Is, Where-is", no contingencies to sale
- No Buyer's Premium
- 1% Down-payment ($1,500 minimum)
- View full Terms of Sale
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