Have you been waiting for an opportunity to buy land for investment and your future dream home? There is LAND ON SALE WITH FINANCING in Santa Fe, NM. This residential lot located in Belicia Estates is just one of the several bank owned lots we are listing that you can acquire to build your dream home in the future. The is a new listing hitting the market with a $35,100 price reduction.
To make it easy, one of our local community banks is offering a special financing program from now until September 30, 2012 to qualified buyers. What do you need to purchase this exceptional 3.9 acre residential lot in gated Belicia Estates on a cul-de-sac with views, water, electricity and gas and telephone and cable in place on a paved road? The answer is ONLY 20% down. This lot is priced at a remarkable asking of $89,000 given size, improvements and location. Click on the above image for more photographs.
Here is the financing example: Twenty percent (20%) down with an amount borrowed at 5.5% annual percentage rate (APR) with a 5 year balloon and a NO build requirement. You can buy and hold without the pressure of building immediately or you can sell the lot in the future. You have more control over your investment and at the same time can take advantage of both financing and this extremely reduced asking price.
To get started, contact Emily Medvec at 505-660-4541 or Ulla Allyn at 505-470-2381 for more details on this residential lot and all the others that still may available. The consultation for this land on sale is free. Remember this special financing program ends on September 30, 2012. Now is the time. Land like this in Santa Fe is not made anymore and it is beyond rare to find land with financing in the Santa Fe real estate market.