owner financed 1.78 acres Washburn Blvd, California City, CA 93505 kern county

Full Description

THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $7,500 The duration of the note is 12 months. On a $1 down payment, the monthly payment would be approximately $500/month, including principal, interest, property taxes, and servicing fee. There is no prepayment penalty to pay the note off faster. The down payment $1500 (which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $10,500 (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: Own 1.81 acres of prime land on Washburn Blvd in California City, CA Description: Perfect for investment or future development. Enjoy wide-open desert views, peaceful surroundings, and easy access to main roads. A great opportunity to secure land in a growing area at an attractive value. Pricing details: Property Details: Washburn Blvd, California City, CA 93505 Parcel Number: 275-202-05-00-1 County: Kern States: CA Parcel Size: 1.81 Acres City: California City Zip Code: 93505 Center GPS Coordinates: 35.185065, -117.833488 Corner GPS Coordinates: 35.184926, -117.832767 35.184916, -117.834254 35.185186, -117.832769 35.185164, -117.834254 Legal Description: TRACT 2827, BLOCK, LOT 162 Elevation: 2,710 ft. Property Access: Washburn Blvd