Details
Location & Size
The subject property is a 2.64 acre lot located along Palomino Drive in Moriarty Heights, a residential community situated east of Moriarty and just south of Interstate 40.
Located within forty minutes of Albuquerque, this community is comprised largely of mobile and manufactured homes on parcels with an average lot size being +/- 3 acres. Because of this, many of its residents are transplants from the nearby Metro area who prefer the wide-open spaces and privacy afforded them in this quiet country setting.
County, State
Torrance County, New Mexico
Lot Size
2.64 Acres
Nearest Town
Moriarty
Street Address
Not Designated
Zip Code
87035
Boundaries
Attractions
Nearby Towns
Nearby Towns: Located just ten minutes outside of Moriarty you'll have easy access to groceries and supplies as well as fast food restaurants, gas stations, post offices, and banks. Edgewood, an additional ten minutes west along the I-40 is where you'll find the nearest Walmart Superstore as well as additional big box stores and grocery chains. Furthermore, Albuquerque, the largest city in the state, is just a quick twenty-minute drive west and is likely to have whatever product or service you can't procure in Edgewood or Moriarty.
Albuquerque
46 miles (50 min)
Santa Fe
58 miles (1 h 6 min)
Los Lunas
68 miles (1 h 8 min)
Taos
128 miles (2 h 28 min)
Gallery
Information
Full Price
At checkout you’ll be asked to place a Non-Refundable Earnest Money Deposit of $500.
- You may elect to fund and close this transaction either by paying our company directly or by employing a title company. At checkout you'll be asked to select your preference.
- Within 24 hours of your deposit, we will email you the documentation that corresponds to your selection.
- If you elect to close outside of escrow, that email will include a new deed plus payment instructions. Buyers may pay the remaining balance via credit card, wire transfer or cashier's check.
- If you elect to close through a title company, that email will include a copy of a Sale/Purchase Agreement. You must review and sign this document within 96 Hours to open escrow. A copy of the sale/purchase agreement you'll be asked to sign can be viewed here.
- Please be advised, this is not an installment sale. This is a cash purchase. You should not initiate this transaction unless you are prepared to pay the entire cost of the land.
- This deposit is non-refundable.
Financing
Terms Offered: $4,500 Down Payment + $250 Monthly Payment x 42 Months; 12 Months Same As Cash
- At checkout, you’ll be asked to place a deposit of $4,500. This down payment will both secure the land as well as set up recurring billing for $250 to be automatically debited from your card each month.
- Within 24 hours we will email you a land contract which you’ll be asked to sign. This will be the document that demonstrates your equitable interest in the land until such a time as all payments have been made.
- Only once the balance has been paid in full will the property be deeded into your name.
- Our contracts contain only pre-payment incentives and no pre-payment penalties. The remaining balance can be paid at any time during the term of the agreement.
- A copy of the land contract you’ll be asked you sign can be viewed here.