DESCRIPTION OF ITEM
0.29 Acre (12,800 sq.ft.) Vacant Lot in Chaffee County, CO. Legal: Lots 25 & 26, Block 12 & PT Vac F & P Vac Alley Nathrop Subdivision. Site address:11255 County Road 198 Nathrop, CO 81236. Parcel number: 342114112072. The 2011 taxes of $285.33 have not been paid. The past due taxes as of 8-6-12 are $1,095.71. According to the Assessor’s office (719) 539-4016, the property is halfway between Salida and Buena Vista and there are phone and electricity nearby. The appraised value of the property is $22,319. There is a mortgage balance on the property of $5,880.08 as of 8-6-12. This lien will be the responsibility of the Buyer. The lienholder is: Colorado East Bank & Trust.
IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for issues, if any, with the title, the condition of the property, or any liens or encumbrances against the property. CSAssets has to rely on the property description that has been provided by the County Offices and the Debtor. CSAssets cannot guarantee that all of the information is accurate. The Buyer will be entirely responsible for this property after the sale, including but not limited to: paying any fees associated with the transfer of the property, the recording of the deed and transfer of Title and the gathering of any documentation necessary for that process. The Seller and Trustee are Not Realtors. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with a Trustee’s Deed for the property. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. As with any Bankruptcy case, this sale may be subject to court approval. Please read all sections of the ad carefully, particularly for real estate sales.
Past due taxes of $1,095.71 as of 8-6-12, payable by the Buyer. Loan balance of $5,880.08 due to Colorado East Bank & Trust, payable by the Buyer. We do not know of any other liens.
Beautiful mountain setting in with superb views of 14,000 ft. mountain peaks. Incomparable views of the Banana Belt and Mt. Princeton Hot Springs. Great location half way between Salida and Buena Vista, Colorado and not far from the premier whitewater and gold medal trout fishing of the Arkansas River. This is the parcel your dream home has been waiting for.
The History of Chaffee County and the surrounding area is a rich mix of many influences. The area was originally settled by the Ute Indians, for whom many of the local mountain peaks are named. Chaffee County was established in 1879 and named for Jerome Chaffee, Colorado’s first United States Senator and local investor.
This is all we know about this asset. A title search has NOT been performed on this item. CSAssets does not provide title insurance. If title insurance is desired, the buyer will be responsible for obtaining it through a Title Company. A document preparation fee of $200 will apply and will be included in the total of your invoice. Any fees/liens owing on this item are not part of the final bidding price. Serious Bidders Only. A bid submitted by a potential Buyer is an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID: Sheesley01
Case Name: Douglas Ray & Cynthia Denise Sheesley
Case Number: 10-33505-EEB