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Wooded lot across from school-Land Contract terms
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Only $2,000 will buy this entire lot in the city of Sault Ste Marie, in the Upper Peninsula, MI. You are bidding on the amount of down payment. The total price of the proeprty is just $2,000 minus the down payment. The balance would be paid in monthly payments of $100 at 5% interest. We pay all the recording and document costs.
My brother is in the military and we are all trying to sell things to help him pay off some debts back here. This land is beautiful and would be great for someone who wants to own property. It is worth more than we are selling it for and the total cost to keep it per year is under $25 for the annual taxes.
Details: Lot is 60' x 135". It is mostly wooded and located across from the school.The first picture is of the lot. The road isnt all the way in, even though it has been platted, so the lot is the wooded area. The second picture is of the school and ski hill across the street and the third picture is the view of the ski hill from the property. The 4th picture is a unique stone arrangement from a nearby neighbor. 5th picture is downtown. The last picture is also downtown.
Taxes were $25 for 2007. They are paid in full. That is your only annual cost.
Address is E 19th Ave. It is located just out of the downtown, in the newer section of town. It is a good location and is near an area that is going to continually expand. Again, the road isnt all the way in, but this is very very common in the U.P. It is platted and supposed to be there...so you have access to your property. Most people just put in a longer driveway and maintain it themselves.
Your bid will be the down payment for the property. That will be deducted from the total price of $2,000. Monthly payments of $100 per month at 5% interest will start about 30 days from the time auction closes, and continue until paid in full (under 2 years). Then we will mail you a deed by priority mail. We pay all costs to close. You have no other fees or costs. If you pay for the property in full, you may do so.
If you Google Sault Ste Marie, you will find a wealth of information about the city. For example, it is the oldest city in Michigan. It has a rich history, a 4 year University, nearby ski areas, sled dog racing, multiple restaurants, beaches, lots of waterfalls, a large casino and resort, lakes and rivers and you can make many a day trip from here. Mackinac Island is only 2 hours away, and Sault Ste Marie Canada is just across the bridge. The more you look into it, the nicer it is.
This might be the best deal on E-Bay right now and the whole property costs less than it would cost to carpet a small home. Closing would be quick and can be done through priority mail or in person. Property is being sold-as-is, no warranties expressed or implied, so please feel free to e-mail me personally at kmstahmer@aol.com with any questions. I think you will love the property and the area. |