BARGAIN PROPERTY! Our Bargain Properties are sold with no down payment. Simply make the first monthly payment and enjoy your property immediately. Bargain Properties are sold on a term ranging from 2-5 years (instead of our normal 15 year term) with an annual interest rate of 9 3/4%. This parcel is sold on about a 5 year term. Own your property free and clear after only 5 years!
The full sales price on this property is $7,950. With no down payment the payments will be $165 a month. Simply use the “Make A Payment” link at the VERY top of this page to make your first monthly payment of $165. Your paperwork will be Express Mailed to you the next business day. Your next payment will not be due for 30 days (we can also adjust the payment due date to fit your schedule).
Plat map showing the 10 acres. When we visited the property years ago we parked on the State Land and walked a few hundred feet to the acreage.
Just like all of our properties you do have the option of lowering your annual interest rate and reducing your monthly payment by making a larger down payment. With $1,500 down the interest rate drops to 7 3/4% and your payment drops to $130 a month. With $2,500 down the interest rate drops to 6 3/4% and your payment drops to $110 a month. With $5,000 down the interest rate drops to 5 3/4% and your payment drops to $60 a month. These monthly payments are all based on about a 5 year term. Please note that you do have a full six months to add to your down payment in order to reduce your interest rate and payment amount.
Although the majority of the property is open there appeared to be a fringe of aspen trees on the north side.
This 10 tract measures about 330 feet east to west and about 1,320 feet north to south. It is almost all open with small brush. These photos were taken several years ago and the brush may be larger now. When we visited the property it did not appear to be swampy BUT much of it did seem “soft” which means this property is best suited for hunting and recreation. This area is WELL KNOWN for massive deer. If you like to fish you will want to check out the popular Lake Of The Woods which is only about an hour from the property.
This photo was taken from a gravel pile on the state land looking south toward the 10 acres.
PLEASE print out all of the maps before making a trip to the property. The land is private but it still well located. From Thief River Falls, Minnesota, take Hwy 32 north, after about 40 miles take a right onto County Road 8, go seven miles and the land is on the right (behind the state land). You should see the gravel pit on the State Land where you can pull off and park.
Although we have not visited the property in quite a while we do have the G.P.S. coordinates which should be for about the northeast corner of the 10 acres, which is where we found this pink ribbon. They are: 48.5979120, -96.005927.
The full sales price for this 10 acre property is $7,950. This property can be purchased with no down payment. Simply make your first monthly payment of $165 and begin to enjoy your property. Taxes are only about $65 a year and are already taken care of for 2015. There are no prepayment penalties, no hidden fees and no balloon payments.
Please note that a larger down payment will substantially reduce your interest rate and monthly payment amount. With $1,500 down your rate drops to 7 3/4% and your monthly payment drops to $130.00. With $2,500 down your rate drops to 6 3/4% and your payment drops to $110.00. With $5,000 down your rate drops to 5 3/4% and your payment drops to $60.00. These payments are all based on about a 5 year term. Also please note that you have six months to ADD to your down payment in order to reduce your interest rate and payment amount!
You may use the box below if you wish to make a down payment of $500.00 or more on this property. If you wish to make no down payment (just the first monthly payment of $165.00) then please click on the “Make A Payment” link at the VERY top of this page.
