DESCRIPTION OF ITEM
The Estate’s 1/2 undivided interest in 160 Acres of Vacant Land in Eddy County, NM. Legal: Section 8, T16S, R27E: SW 1/4. Parcel number: 415809, Geo Code: 4158092132398, Owner #6487. The site address is 3 miles NE of 583 Karr Ranch Rd. Artesia, NM 88211. According to the Assessor, the parcel is zoned Miscellaneous Land and portions of the parcel are buildable. According to the Assessor, the 2013 taxes of $111.79 have not been paid. The past due taxes are approx. $119.03 thru 4-10-14. The picture below is of the general area, not of this particular parcel.
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.
LIENS Past due taxes of approx. $119.03, payable by the Buyer. We do not know of any liens.
LOCATION INFO
Eddy County is a county located in the U.S. state of New Mexico. Its county seat and largest city is Carlsbad. It is north of the Texas state line. The county was named for cattle rancher Charles B. Eddy. In 1902 Carlsbad Caverns were discovered, about 18 miles southwest of Carlsbad town. The discovery is still disputed between Jim White and Abijah Long. The caves are now known as Carlsbad Caverns National Park. The caverns have brought many millions of visitors from around the world into Eddy County. Oil was discovered in Eddy County in 1909, near the town of Dayton 8 miles south of Artesia). Another big oil strike happened in 1923, when Martin Yates, Jr. purchased a well near Artesia and Southeastern New Mexico was said to be “gushing oil!” Drilling commenced at a furious pace and by 1938 the area’s oil production was valued at 32 million dollars annually.
NOTES
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: Cole01
Case Name: Dale Cole
Case Number: 13-15244-BMW
