Phoenix Rd Rio Rancho,, NM 87144

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Description

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.

Off-Grid paradise for an amazing price! Enjoys wide open spaces on your own piece of land Take advantage of this opportunity to grab a property that can be in your family for generations. These is two adjoined parcels Purchase Options: $4,000 Discounted Cash Price, OR seller financing options: Option 1: $299 Down then $99 /mo for 60 months, or Option 2: $599 Down then $89 /mo for 60 months *Please note that the terms options cost more than the discounted cash price Property Details NEAREST CITY: Rio Rancho STATE: New Mexico COUNTY: Sandoval ZIP: 87144 SIZE: 1.00 Acres APN: 1005076433129 & 1005076434137 LEGAL DESCRIPTION: Subd: RIO RANCHO ESTATES Block: 102 Lot: 1 Unit: 26 & Subd: RIO RANCHO ESTATES Block: 102 Lot: 2 Unit: 26 MAP AND DRIVING DIRECTIONS LINK: https://mapright.com/ranching/maps/e78c75361dbed2c128d7c713c4215daa/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 $8.72 per year total HOA: NA, NA yearly, NA ACCESS: Phoenix Road NW ZONING: CD-RRE - See page 14-15 of County Zoning Ordnance for Specifics: https://www.sandovalcountynm.gov/wp-content/uploads/2020/10/CZO_June2020_Amended.pdf SEWER: Would be by Septic or Alternative WATER: Would be by well or alternative UTILITIES: Vicinity to property unknown *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 Sandoval County office. Properties are not staked or marked unless specified in the listing. Buyer to conduct a survey if desired. *If purchasing with installment sale terms, the installment land contract stipulates that the property may not be used as a residence until the balance is paid in full, if you would like to see a copy of a contract, please send us an email to sales@anchorlandcompany.com