This lot is approximately 29,467 /SF (.67Ac). Located in Northwest Rio Rancho, approximately 10mi. to Rio Rancho Central Business District and approximately 15mi. to Albuquerque. Located less than .5mi from Power Line and Qwest fiber optics the lot has easy access from public graded roads that are used frequently, due to PNM Rio Puerco Sub-Station (Power Company). Approximately .8mi is Encino Rd. which will become a main arterial road for North/South access for Rio Rancho and Albuquerque.
Detailed Documents
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Read and Agree To the "Terms and Conditions of Sale"
3.
Download and Complete the Bid Form which can be found in the Documents section for the property
4.
Remember your Online Bid amount must exceed the current High Bid of the property you are bidding on. For a Sealed Bid, your bid must be at least the published Minimum Bid amount
5.
Submit and Send your Bid Form and Bid Deposit (check, wire, personal, corporate or cashier's check) to Republic Escrow Corporation. Bid deposit will vary per auction: Refer to the Terms and Conditions for the auction you are interested in
For Online Bids:
Once Escrow receives your Bid Deposit and Bid Form, we will post your first
bid "Online" and you will be able to view it in the bid history. If someone places a bid higher than you, all
you have to do is click on the 'Bid Now' button and place a higher bid. Each "Online" bid is posted in real-time.
For Sealed Bids:
Once Escrow receives your Bid Deposit and Bid Form we will send you a confirmation notice that we have received
your bid and will notify you at the end of the auction if you are the highest bidder. If a Sealed Bid is switched
to an "Online" bidding format, we will then notify you that the auction you submitted a Sealed Bid for has gone
"Online" and at that point you may place "Online" bids by clicking the "Bid Now" button.
Please contact the Property Representative if you have any questions regarding the bidding process. We invite you
to place a practice Online bid on our Demonstration Auction.
Naturally a bid deposit is not required, but an active LFC account is. Click here to place a practice bid.
