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Rent to Own

-Beds
-Baths

Borroughs Rd
Moriarty,, NM 87035

Property Type
Single Family Home

Property Details

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

See full listings at www.anchorlandcomapny.com/landforsale/ This property has Good Road Access, No HOA or Covenants, Partially Fenced! Lying just outside Albuquerque is an excellent spot to get away from the city and enjoy the grassy and beautiful views. This property presents many opportunities for off-grid living, a future home-site or a long term land investment. Look at the other prices out there, you won't beat this! Purchase Options: $21,000 Discounted Cash Price, OR seller financing options: Option 1: $1999 Down then $299 /mo for 96 months, or Option 2: $3999 Down then $249 /mo for 96 months *Please note that the terms options cost more than the discounted cash price Discounted Cash Purchase: $500 Earnest Deposit secures this property. Once you complete the Checkout Process, we will receive an instant notification that your $500 earnest deposit has been made. The deposit is credited towards your purchase. The remaining balance may be paid by Wire Transfer, Cashiers Check, or ACH Bank Draft within 5 days (30 days if you choose to close through a title company). Seller Financing: Options include an additional $15-$20 monthly note fee and a one time $100 note setup fee charged by the escrow company. Once you make the downpayment, you will receive documents that will require a notarized signature and the escrow company will contact you to set up monthly payments. If you choose to close through a title company, you will be responsible for any closing costs. We make the whole process super simple! (1) Earnest Deposit is made on our site (2) We send you a Purchase Agreement to Sign (3) You make the remaining payment (4) We record the deed and send it your way! Email us at sales@anchorlandcompany.com for questions! Property Details NEAREST CITY: McIntosh STATE: NM COUNTY: Torrance ZIP: 87035 SIZE: 9.90 Acres APN: 1051041444394000000 LEGAL DESCRIPTION: N2N2SE4NE4 SEC 9 T7N R9E MAP AND DRIVING DIRECTIONS LINK: https://mapright.com/ranching/maps/821f5cd27198b58b3d31eeac5706c99d/share/unbranded ** You can download the MapRight App on your phone which will allow you to get driving directions and see your position in relation to the property even without cell phone coverage. Just click the Map Link above. TAXES: No back taxes, approximately $34.01 per year total ACCESS: Borroughs Road ZONING: AP5 - For specific questions regarding land use, contact planning and zoning department at (505) 544-4390 or visit https://www.torrancecountynm.org/index.php?page=planning-zoning SEWER: Would be by Septic or Alternative WATER: Would be by well or alternative UTILITIES: Power lines in area *Buyer is responsible for conducting due diligence and accepts the Property "as is" and in present condition with all faults. All the information we have on this property is above, if you have any questions regarding a particular state or county restrictions please address it to the appropriate Torrance County office. *Properties are not staked or marked unless specified in the listing. Buyer to conduct a survey if desired.

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Rent to Own

-Beds
-Baths

Borroughs Rd
Moriarty,, NM 87035

Property Type
Single Family Home

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