Your Winning Bid is the DOWN PAYMENT PRICE of the Property!
Your Down Payment will be subtracted from
the assumable balance of $24,900!


Guaranteed Financing is offered by the seller
to the winner of this auction!
Installments as low as $274 monthly!
Owner Financing! - No Credit Checks! - No Qualification to Own!


Payment for Your Winning Bid is due within 2 Business Days
after the auction ends.

Payments can be made On-Line at www.BillyLand.com/Payments

This 1.33 acres of Colorado mountain land is located in the Rainbow Valley subdivision in Cripple Creek, CO.

The property has a slope upward from Valley Road and may require some excavation to build. There is maintained dirt road access to the property and power at the road. Water can be provided by the Rainbow Valley water district. However, some homes in the area use cisterns for water storage as an alternative.

The property is located between the small towns of Divide and Cripple Creek, where you can find an abundance of wildlife and plenty of wilderness to enjoy.

The property would make a great building site for immediate or future development and a great place to get away to and enjoy the surrounding nature.


Property Information

Acreage:
1.33

Property ID (Tax ID or APN #):
2289074170010

Legal Description:
SEC/TWN/RNG/MER: SEC 07 TWN 14S RNG 69W L31A RAINBOW VALLEY 5 MAP

Road Access:
Dirt Road

Zoning:
Residential (R-1)

Zoning Description:
Single-family homes - see restrictive covenants below.

Utilities:
Power at the road.

Subdivision Name:
RAINBOW VALLEY 5

Yearly Dues: $ 30.00

Taxes: $188.62

Zoning Information

Rainbow Valley Restrictive Covenants

Location: Teller County, Colorado
Listing ID: CO-TLR-31A/RV-5

Please read the following before you bid!
YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!

The Winning Bidder will assume a balance of $24,900.
The amount of your Winning Bid will be deducted from
the assumable balance as your down payment!

This property comes with a 20-year finance option at 12% simple interest
with monthly payments of approximately $274.
Monthly Payment may vary slightly based on final Down Payment Amount.

There is no Prepayment Penalty, and we offer a
5 Percent Discount on your unpaid balance when prepaid in full.

ASK ALL OF YOUR QUESTIONS BEFORE YOU BID!

Buyer will receive a 1-Year Parcel Exchange Privilege at no cost.
(Some properties may not be available as an exchange.)

This Parcel is offered with Owner Financing and no qualification to own.

This Parcel is within a Legal Recorded Subdivision or Plat.
This Parcel may be subject to Protective Covenants.
Title insurance is available on all Parcels.
We Guarantee a free and clear Title!

To Obtain more information:

Send an email to

- Or -
Call and speak to Billy directly! 1-949-933-0721

Visit this Link for Auction Terms and more information regarding
Bidding and Participating in this Auction.

Be certain that this land is suitable for your needs
before you place your bid.

It is your responsibility to determine if this
property is suitable for your specific needs!

Be certain that you have no unanswered questions before you place your bid.

The winning bidder will be contacted by email
immediately after the end of the Auction.

The winning bidder must contact me at

within 24 hours after the end of the Auction.

A 'Documents Processing Fee' of $249.00 will apply to each auction,
and covers the cost of document preparation and FedEx Mailings.
This fee is due no later than 10 business days after the auction closes.

Please, do not bid if you find any aspect
of these terms to be disagreeable.

YOU ARE BIDDING FOR THE DOWN PAYMENT ONLY!

The Winning Bidder will assume a balance of $24,900

The amount of the Winning Bid will be deducted from
the assumable balance as the down payment!