
YOU ARE BIDDING ON THE DOWN PAYMENT AND I WILL FINANCE THE REST SO THAT YOU CAN ESCAPE TO GOD'S COUNTRY AND OWN A PIECE OF PARADISE IN THE BEAUTIFUL STATE OF MAINE! This HUGE 29.74+/- acre tract of land is located on the outskirts of Caribou, Maine, a small full service town with the feel of life as it used to be. No traffic jams here! This land is known as Lot 1 of Caribou Estates Subdivision, a town approved subdivision with all weather paved road frontage, electricity and telephone service. This tract is surveyed, staked and perk tested, and comes with a copy of the certified survey at no additional cost. Just pull a standard town building permit and build away! Above is an aerial view of the land and here are a few pictures of the land as seen from Washburn Street, the public paved road that this land fronts on:
Caribou recently built a new town fitness center with gyms, workout equipment, etc., so it is progressive in its own way. The front portion of the land consists of high quality farm land that has been used to grow potatoes and broccoli in the past, and the balance of the land is wooded. The land is crossed in the back by the State Snowmobile/ATV trail, so you can jump on your snowmobile or ATV and ride for hundreds of miles on nicely groomed trails. This trail access is highly prized in northern Maine and makes this land much more valuable. Here is a copy of the survey of the land. The survey is on a 24 inch by 36 inch piece of paper so I had to scan it in a couple of pieces:
You are bidding on the DOWN PAYMENT on this complete 29.74+/- acre tract of land. The successful bidder will be provided with a $36,900 loan at 8.9% interest for 20 years with monthly payments of only $329.63 per month! There is no prepayment penalty on the loan, so pay it off early or refinance at any time. After three years of good payment history on the Land Contract, you will be issued a Warranty Deed and I will retain a mortgage for the outstanding loan amount. GOOD TITLE IS GUARANTEED! The total purchase price is determined by ADDING the downpayment you are bidding on to the $36,900 loan amount. In most parts of the country you can't buy an acre lot for this low of a price, and yet you are getting this huge tract for this one low price. The high bidder must either "beam" the downpayment using paypal.com (major credit cards accepted) or overnight a cashiers check within 48 hours of the close of the auction. Because this land is being sold so inexpensively at absolute auction here on ebay, the land is being sold "as-is where-is" with no warranties either expressed or implied. Bidders are required to perform all due diligence prior to bidding. Please only bid if you can abide by the terms of the auction. GOOD LUCK ON YOUR BIDDING!!

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