New Mexico Acreage up for bid; Highway Road Frontage

Auctioneer’s Note:
This is vacant land. It is located at 231 US Hwy 70 Tularosa, NM 88352. Approximately 455 feet of US Hwy 70 road frontage. It currently has an oil/gas lease. Build your dream home, develop or use for recreational purposes. This acreage in New Mexico for auction has unlimited possibilities. (Note: waterfall in photo is across the road from the property – not included in the land tract.)

PROPERTY INSPECTIONS
Each purchaser is allowed a property inspection. The purchaser is responsible for arranging the inspection prior to the your bid. You may do you inspection and you do not have to pay the auctioneer a fee to set up the inspection, however you must inspect the property prior to bidding or you may bid without an inspection but remember you are buying the property in as is condition.

DISCLAIMER
Any Broker involved or Auctioneers and the Seller have gathered this information and believe it to be correct to the best of our knowledge. All documents and information are being furnished to the bidder for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the bidder’s risk. These documents are being provided without any warranty or representation, express or implied, as to its content, its suitability for any purpose or its accuracy, truthfulness or completeness. Each Purchaser must conduct and rely solely upon its own investigation and inspection. Further, all parties acknowledge and agree that the Property is being sold “AS IS” with any and all faults. The Seller shall have no obligation for repairs or replacements noted in any inspection(s) made by or for the Purchaser. Such repairs or replacements shall be the sole responsibility of Purchaser. All contracts will be presented at the close of the Auction with specific Seller instructions. Seller may remove property from the Auction during or at any time prior to the end of Auction and at the Seller’s discretion; Seller may accept the offer with the best terms. Auctioneer/Broker and/or Seller may bid or rebid on any property in tracts, combination of tracts or as a whole, defense of a bid or any bid increment vital to producing the highest and best price under the terms and condition of the Seller. Furthermore, it will be the Seller’s discretion to accept any additional increase on any posted bid by any individual tract purchase, combination, defense of bids or any upset bid during or after any bid has been posted and prior to final confirmation and reserves the liberty of bidding until the acceptance in the form of a purchase and sale agreement in writing. Any Internet bid may be transferred to any live Auction event and will be subject to terms and conditions of the live Auction. Furthermore, all bids shall be posted and presented accordingly as announced by the Auctioneer

 

 

Listing provided by owner and has authorized the operators of Acre.Bid to publish information about this property for sale. Make your best offer. Price Bid is for the Property in Whole Dollars and may be subject to divisions. A buyer’s premium of 10% of the highest bid price will be paid to the auctioneer, non-refundable, due at the time of sale. Buyer’s and Seller’s shall sign purchase and sale agreements subject to terms and the buyer’s shall make a 20% Deposit that is required at time of BID AWARD. All sales must close within 30 days of auction ending subject to closing costs and other terms and conditions. Property sells “as is, where is.”

Property will sell subject to confirmation unless other announcements are made; furthermore, bidders must register prior to bidding by downloading the FREE BIDDING APP iphone or Android. The seller hereby activates the liberty of bidding; in addition, the seller may authorize the auctioneer to accept bids until their reserve has been meet, or accept a lower than reserve amount when authorized by the seller. The liberty of bidding under the reservation of the sellers extends to all qualified and registered bidders in a competitive fashion to reach the highest acceptable bid. Property may be sold prior to the posted ending time without notice; your maximum offer is encouraged for the better bidder results and may be submitted prior to the sale date with no guarantee of obtaining a contract price, subject to terms of the buyers guarantee.

System testing: Auctioneers have the right to implement system testing to insure the highest and best possible (UX) user experience during the competitive bid period. If any bidders have questions about registration, bid procedures do not hesitate to call the administration office about technical operations or bid procedures. Administration staff will not be able to answer questions about property being sold. To ask questions about the property call the Auctioneers Hotline…844-400-2828.

SPECIAL CONDITIONS OF THE SALE

Special Conditions of Sale may be appended prior to final bids in which will be incorporated as a part of this sale without notice. Operators of Acre.bid and/or Brokers/Auctioneers are not responsible for any material omission of the seller, incorrect public information, misprinted or non-disclosed information. Bidding platforms are informative only and all bidders should verify any information listed. Acre.bid is not a brokerage firm, however it is a bidding platform for the placement of electronic offers monitored by Real Estate Brokers and Auctioneers worldwide.

 

Title Commitment: Title transfer will be subject to normal standards with the issuance of title policies with provided exceptions listed within the policy as issued by the title insurer. It is the intent of the seller to transfer property with marketable title with permitted exceptions. In the event that marketable title is not available, buyers should investigate announcements made prior to the sale of each property. It is the responsibility of the buyer to purchase an owner title policy or lender’s title policy with all costs to be assessed to the buyer. Buyer may select the title insurer of the buyer’s choosing. Buyer is subject to closing coordination fees, administrative or other closing costs to be paid at the time a final HUD is derived by closing agent. Closing costs may include but are not limited to attorney fees, taxes, title insurance, closing coordination, escrow fees, inspection reports, appraisals or other costs associated with the sale. 

Price Bid is For the Property in Whole Dollars. A buyer’s premium of 10% of the highest bid price will be added to determine the final contract price added to winning bid price to determine the contract price. Signed Contract and 20% Deposit is required at time of BID AWARD. All sales must close within 30 days of auction ending. Property sells “As is, Where is.”All property will sell subject to confirmation; furthermore bidders must register prior to bidding. The seller hereby activates the liberty of bidding; furthermore the seller authorizes the auctioneer to accept bids until there reserve has been meet, or a lower than reserve amount has been accepted. The liberty of bidding under the reservations of the sellers extends to all qualified and registered bidders in a competitive fashion to reach the highest acceptable bid. Property may be sold prior to the posted ending time without notice; you maximum offer is encouraged for the better bidder results.

System testing: Auctioneers have the right to implement system testing to insure the highest and best user experience during the competitive bid period. If any bidders have questions about registration, bid procedures do not hesitate to call the administration office to answer any questions about technical operations or bid procedures. Administration staff will not be able to answer questions about property being sold. To ask questions about the property call the Auctioneers Hotline…844-400-2828.

Special Conditions of Sale may be appended prior to final bids in which will be incorporated as a part of this sale.

This Auction hosted by ACRE.bid – Presented by Myers Jackson Online Auction Administrator.