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 the full listing, more photos, and an interactive map of the property at www.anchorlandcompany.com/landforsale This property 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: $3,999 Discounted Cash Price, OR seller financing options: Option 1: $249 Down then $99 /mo for 48 months, or Option 2: $499 Down then $89 /mo for 48 months *Please note that the terms options cost more than the discounted cash price Property Details NEAREST CITY: Moriarty STATE: NM COUNTY: Torrance ZIP: 87035 SIZE: 1.00 Acres APN: 1049046412375000000 LEGAL DESCRIPTION: RANCHOS ENCANTADOS UNIT 1 BLOCK 6 LOT 10 TAXES: No back taxes, approximately $15.21 per year total ACCESS: Caballo Ave 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 ? See the full listing, more photos, and an interactive map of the property at www.anchorlandcompany.com/landforsale
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