Rucks, Lake Village, AR 71653 chicot county AR

Full Description

THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $4,000. The duration of the note is 8 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 will be $1300 (which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the total $8000 price (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: Affordable Arkansas Land – Secure Your Piece of Lake Village Today! Description: Own a 0.18-acre lot in the charming community of Lake Village, Arkansas! Located on Green Randy Rucks, this property offers an affordable opportunity for future development, investment, or a peaceful getaway near the scenic Mississippi Delta region Pricing details: Property Details: Rucks, Lake Village, AR 71653 Parcel Number: 030-01492-000 County: Chicot States: AR Parcel Size: 0.18 Acres City: Lake Village Zip Code: 71653 Center GPS Coordinates: 33.331964, -91.288855 Corner GPS Coordinates: 33.331758, -91.288788 33.331797, -91.288700 33.332131, -91.289047 33.332191, -91.288895 Legal Description: LOT 4 RUTH'S REPLAT Elevation: 122 ft. Property Access: Green Randy Rucks