Lot 3 of 21:
20 Acres, Lake County, OR  
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Lot closed - unsold

This is a Bid & Assume item--You purchase with FINANCING and make a monthly installment payment:
*$23,491 with monthly payments of $249 at 8.5% + a one time processing fee of $199!

Your BID is your "DOWN PAYMENT" and will be deducted from the assumable balance of $23,491!

Lake County is located on the high desert of south-central Oregon.  It is also known as the Oregon Outback, a land with ruggedness - where life is tied to the land and values of heritage, where people seek independence but know each other's first names and Community is paramount.

This beautiful parcel is located in Lake County, Oregon. Lake County is a land of stark beauty. It is possible for one to enjoy, all in one day, the broad expanses of desert, sagebrush, and rim rocks as well as the solitude of our mountain forests and crystal clear lakes and streams.

The County is one of the few places in Oregon fortunate enough to be able to boast of its abundant wildlife and majestic views. It is possible to see everything from Wild Horses and Big Horn Sheep to Mule Deer, Elk and everything in between. The Lakes and Streams are loaded with Fish and it has an average of 320 Sunny Days every year to enjoy all of this!

Lake County is the Hang-Gliding Capitol of the West and the Competitions are held every year on Black Cap Mountain which over looks the Town of Lakeview. Lakeview is the Tallest Town in Oregon and is the home of "Ole Perpetual", the only Hot Water Geyser in the entire Pacific Northwest, which spouts a plume of hot water over 60' in the air about every 30 seconds. Warner Mountain Ski Area is only 10 miles Northeast of Lakeview and is the only privately owned Ski-Area in the entire state of Oregon. Because of this, the ticket prices are extremely low. The Ski-Area has 730' vertical slope, a new triple chair lift, snowboarding is allowed and NO lift lines!

History:
Lake County was created from the southern part of Wasco and the eastern part of Jackson Counties and was established on October 24, 1874. Lake County is in south central Oregon and was named because of the many large lakes that are mainly within its borders. The county seat was at Linkville until the voters selected a permanent site at Lakeview, which overlooks Goose Lake.

A fire swept through Lakeview in 1890 which destroyed about 75 businesses; in 1901 the town was rebuilt. The land for the first courthouse was donated by M. W. Bullard and was completed in 1904. In 1954 a new courthouse was built on the site of the former courthouse. Lakeview is known as "The Tallest Town in Oregon" because of its elevation.

The county's main industries include agriculture, livestock, wood products, mining and recreation. Lake County is famous for both its hang gliding and Oregon's only geyser, Old Perpetual.

Other towns in Lake County include Adel, Alkali Lake, Christmas Valley, Fort Rock, New Pine Creek, Paisley, Plush, Silver Lake, Summer Lake, and Valley Falls.

Item # 22647
APN W1/2 SW1/4 SW1/4 Section 16 T27S R20E, W.M. Tax Lot 27-20-16-5200----7329
Parcel Size (Approx) 20 Acres
Location Lake County, OR

 

Interest Rate 8.5% Type Raw Land
    Liens A free & clear title!
    Sewer/ Septic None
Roads Dirt/Paved Property Taxes Less than $250 a year!
Dues None Deed Type Warranty
Zoning Agricultural,Recreation & more! County Phone 541-947-6000

Categories: Land

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Terms and conditions

Contract

Your Bid is a Contract.
 
Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.
 
Payment Commitment

YOU acknowledge that if you are the winning bidder, there will be an initial payment of $50 USD charged to your credit card on file.

You understand that this payment is to secure your purchase and will be deducted from your invoice total. You also acknowledge that you have three (3) business days to contact GovernmentAuction.com to arrange payment for the remaining balance.

If you do not contact GovernmentAuction.com you acknowledge that your credit card will be charged the remaining balance on the fifth (5) business day.

 
Payment Details
NOTE** Make sure before bidding that you read all the terms for the specific Lot you are bidding on.
 
Land - Straight Sale: What you bid is the price for this property plus a 15% buyer’s premium and low processing fee of $249.00. Most images are of the general area and may not be of actual property.
 
Land - Bid and Assume: Your bid is for the down payment and then you will assume the low balance/monthly payments noted in the terms section of the property you have won plus a 15% buyer’s premium and a low processing fee of $199.00. Most images are of the general area and may not be of actual property.
 
We charge $6 per month collection fee - yearly taxes will be prorated over 12 months. The Collection fee and yearly taxes will show on your payment coupon along with your monthly payment.
 
Taxes
Local Taxes Apply
 
Terms and Conditions
All parcels must be paid for within 5 working days by the respective purchaser. A few properties will be offered as Bid and Assume sales. Your bid on these types of properties is your down payment, you then will assume the low balance and low monthly payment (noted in the terms on that specific property). You will be able to identify these foreclosure properties by their listing lines (Bid and Assume with monthly payment). GovernmentAuction.com will prepare all paperwork to insure a proper transaction. Once paid in full, property will be deeded by legal binding warranty deed.
 
Online Bidding
You are required to keep your login information in a safe and secure location. For this reason, the person posting bids online is assumed to be the account holder. Bids may be retracted up to 1 hour before the start of auction, however anytime thereafter, your bid is your contract.