SANTA FE NM LAND ON SALE WITH FINANCING AVAILABLE. It is true and like everything in life and real estate these opportunities are not forever. First the lots for sale are all bank owned by one bank. Every residential lot has been very recently appraised and the price is on average 5% below appraisal. Financing is available to qualified domestic and foreign buyers and there is NO requirement to build. It is NOW possible to buy and hold Santa Fe land again with bank financing for select bank owned lots. Or you can convert the purchase to a construction loan and build in the near future.
Here are the terms for the land purchase: Minimum 20% down payment with a 5.5% Annual Percentage Rate (APR) for 60 monthly principal and interest payments with a balloon payment of the balance due in 5 years. There is no build requirement.
Here are the bank owned lots which qualify for financing still on the market today.By the way, the bank land sale financing program ends on September 30, 2012. It is not advisable to wait as other bank owned lots have already sold.
- 29 Plaza del Corazon - $75,000 - Gated Las Campanas Golf - lst Hole Sunrise Course
- 1705 Painted Sky - $79,900 - Las Lomas Subdivision - View Lot Ideal For Green Home
- 7 Calle Margosa - 79,9000 - Gated Belicia Estates 3.9 acres
- 2199 W Alameda - $89,900 - 1 acre residential lot with City water
- 21 Singer (in Tesuque) - $180,000 - Rio Tesuque Frontage - 1.1 acres
- 27 Singer (in Tesuque) - $260,000 - Beyond Outstanding Mountain Views - 2.9 acres
When you click on the property address, the link will provide you with pictures and more information. There is no time to waste. Land is selling in Santa Fe to cash buyers. Now if you qualify for financing, you have an opportunity to acquire a bank owned lot today and build your dream home in the future.
Now if you are tired of settling for a non-dream homes and you are ready to build your dream home and live the Santa Fe lifestyle,then contact us for experienced professional help and information about our Santa Fe Real Estate land market. If you want to search for current homes, condos, land and ranches on the market, go to www.emilymedvec.com for a easy map or list search of current properties on the market. Or if you know Santa Fe is on your radar and you are ready to talk Santa Fe everyday, call Emily Medvec at 505-660-4541 to arrange for a brief phone consultation on current market trends, land prices and to schedule showings in advance of your visit. Remember, Santa Fe land is not made anymore!