Published: August 1, 2023 1:34 pm 
Modified: August 1, 2023 1:36 pm Please Read Carefully:
Bidders MUST submit the Bidder Qualification Form in the link below
Prior to registering an account and bidding on the property. Proof Of Funds is required to be eligible to bid on one of our properties. The Bidder Qualification Form will allow you to upload your Proof of Funds.
If you have an Agent: Make sure to complete the Bidder Qualification Form with them and complete the agent section of the form, very important.
PROPERTY ADDRESS: Lot 157 Portal Drive, Pine AZ 85544
PROPERTY APN #: 301-62-110
PROPERTY ACREAGE: .22 acre lot size
PROPERTY DESCRIPTION:
A beautiful .22-acre hillside lot in a gated community with stunning 180-degree views in Pine, AZ, and at the best price among all the portals is quite an enticing prospect for anyone looking to build their dream home. Hillside lots often offer unique architectural possibilities and provide a sense of privacy and exclusivity. Pine, Arizona, is known for its picturesque landscapes and natural beauty, making it an ideal location for those seeking a peaceful and serene environment. The gated community of Portal 2 likely adds an extra layer of security and amenities for residents. Building a home on such a lot with stunning views could be a dream come true for many, so make sure to thoroughly evaluate the investment and enjoy the process of creating your ideal living space! (Online auction)
Before proceeding, it's essential to conduct due diligence, such as checking the zoning laws, building restrictions, and any potential challenges related to constructing a home on a hillside. Additionally, it's advisable to hire a professional surveyor and architect to assess the lot's suitability for building and to maximize the view potential.
Keep in mind that real estate market conditions can change over time, so it's crucial to verify the current status and pricing of the lot as of the present date. If you're interested in pursuing this opportunity, reach out to a reputable local real estate agent who can provide you with up-to-date information and assist you throughout the online auction buying process.
THE EARNEST MONEY (Good faith money) is $1000.00 per property. The Earnest money is non-refundable and put towards the purchase price at closing. If the buyer fails to close escrow the earnest money will be forfeited and rewarded to the seller. The Earnest Money must be wired to the title company within 24 hours after winning a bid or the next business day if the winning bid falls on a weekend or Holiday.
THE BUYER’S PREMIUM (Commission) is 8% on homes and 10% on vacant land. The Buyer’s Premium is non-refundable, with no exceptions! If the buyer fails to close escrow the buyer’s premium will be forfeited and rewarded to the Arizona Resource Realty aka the Auction Company for losses. The Buyer’s Premium must be wired to the title company within 24 hours after winning a bid or the next business day if the winning bid falls on a weekend or Holiday.
All buyers are encouraged to complete their inspections and due diligence prior to bidding as the property is SOLD AS-IS with no inspection period. Any and all information that we have can be located in the Property Information Pamphlet above. The Buyer’s Premium and earnest money is due within 24 hours of the winning bid notification. Your agent or assigned representative will reach out to you with the wire instructions as well as the title company information. The seller will pay for the title policy if the buyer opts to use the seller’s title company that we have pre-opened escrow with. If the buyer wishes to use their title company the title policy will be paid for by the buyer. Escrow Closing Cost will be split 50/50 buyer/seller.
Upon winning a bid your agent will be notified with the contract package that you will need to sign and agree to. If you do not have an agent, an agent from Arizona Resource Realty will be assigned and will get you over the contract package and instructions.
Happy Bidding and Good Luck!
ARIZONA RESOURCE REALTY
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