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The
"Buy It Now"
Price allows You
to
Own this Lot for the
Terms listed below!
Remember, this is a
"Bid and Assume"
Auction.
American Land Company
is pleased to be offering
at auction on
 a Cherokee Village Lot in Sharp
County, Arkansas.
Located in the foothills of the Ozark Mountains, this part of
Northern Arkansas is an outdoor recreation paradise. Rivers, lakes,
and wildlife abound in the area. A
vacation destination for the whole family not to mention a great place to
call "HOME". We are offering these wonderful building sites in a
format so everyone can have a chance at owning one of these beautiful
properties.
The winning bidder will receive a
Warranty Deed and a
Title Insurance Policy,
that guarantees you will own this property
Free and Clear subject only to the Mortgage, if you choose to finance the
property through us.
We include Title Insurance so that you will know you are
getting clear title! This is the only way you can be absolutely
protected with your investment.
Please do your DUE DILIGENCE and ask any questions
prior to bidding--we will be happy to answer them. The winning bidder will receive an
information packet and the RECORDED Warranty Deed within 14 days after
the payment and documentation has been received. Your Title Insurance
Policy will arrive a few weeks later.
Good Luck!
You can reach us at the following:
toll free =
866.519.5263
email
=
nlc001@centurytel.net
Terms of the Auction:
-
This is a "Bid and Assume" auction
with a "Buy It Now" option
subject to the following.
You are bidding on the right to assume the Note for the
Amount and
Terms listed below. Either with the "Buy
It Now" Price or the winning bid amount at the end of the
auction.
-
The "Buy It Now"
price affords you the opportunity to Own this Lot for the
Terms listed below and forgo
the hassle of worrying about what the final bid amount will be.
-
You are Bidding on the right to assume the
following
Terms:
The winning Bidder will assume a balance of
$ 3,500.00 , payable in 60 monthly installments of
$ 72.66, at an annual interest rate of 9.00%. The winning
bid amount or the "Buy It Now"
price goes towards document preparation, recording fees and securing
your piece of the Ozarks.
-
There is no pre-payment penalty.
-
After we receive your winning bid amount, we will
prepare your Contract, Note, and Mortgage then send them to you.
Please
sign them and return them to us promptly. After we receive those
documents, we will then record your Deed and
Mortgage and send the recorded Deed to you along with copies of your
Contract, Note, and Mortgage. This whole process should take
approximately 14 days. Your Title Insurance Policy will arrive
a few weeks later. However, if you choose to pay in full, we will send
you the recorded Deed after we receive payment in full. Thanks!
CLICK ON LINK BELOW FOR EXAMPLES OF EACH:
CONTRACT FOR SALE
EXAMPLE
PROMISSORY NOTE
EXAMPLE
MORTGAGE EXAMPLE
WARRANTY DEED
Property Fact Sheet:
-
Legal Description:
Lot 3 Block
13 of the Seminole 2nd Addition,
Cherokee Village, Sharp County, Arkansas 72529
-
Lot
Dimensions: 65 x 20 x 166 x 73 x 204 feet
-
Location:
Moonbeam Trail, Sharp County, Cherokee Village, AR 72529.
-
Road Frontage:
65 x 20 feet of road
frontage
Features include:
The Lot, measuring straight line distance is less than 1/2 mile to Lake Thunderbird, the largest of the 7 Cherokee Village Lakes, straight line distance less than 1/2 mile to Lake Sequoyah. It has large
Oak trees and other natural vegetation.
Utilities:
Water and Phone are in at the Lot, Electric is either in or very near the
Lot; Sewer is by approved
Septic Systems
Fees:
Annual Taxes & SID Assessment fees are approx $150 per year
The Auction:
This is a Bid and Assume auction for
Lot 3 Block 13 of the Seminole 2nd Addition. The
winning bid allows you the opportunity to own this lot (it is not the lot's purchase price),
however, you can pay in full and save on the interest. No hidden charges or BACK TAXES OR ASSESSMENTS!
We have chosen to
make this a private
auction due to the fact that some of our recent bidders have been contacted
& targeted by scam artists. We feel that by keeping the identities of
our bidders private, this will help protect our valued
customers from these scams. Thank you for your
understanding!
Restrictions:
The International Building Code 2000 are the building guidelines used.
There are NO trailers or temporary dwellings allowed in the majority of
Cherokee Village including this subdivision.
  
The Area
The Hwy 62/412 Corridor that connects Hardy to Ash
Flat and parallels the beautiful planned community of Cherokee Village. Most of
the commercial and retail outlets in this area are located along Hwy 62/412 making
this road the focal point of the entire area. Other communities that feed into
this commercial zone include Mammoth Spring, Horseshoe Bend, Salem, Ozark Acres
and Evening Shade. On one end of this 4 lane corridor is Ash Flat with
the Wal-Mart Supercenter spurring on growth and on the other end are the
antique shops and gorgeous Spring River at Hardy. In between is a mix
of business and residential development and thousands of wonderful people.
Below, we will give you a brief description of each community and what they
have to offer.
CHEROKEE VILLAGE
CHEROKEE VILLAGE is a wonderful 13,000+ acre golf, lake resort /
residential community located in the foothills of the Ozarks of Northeast
Arkansas. It is located approx. 2 1/2 hours Northwest of Memphis, Tennessee and
2 1/2 hours Northeast of Little Rock, Arkansas. This city of 4600+ full-time
residents features many amenities. Property owners have access to 2 championship
18-hole golf courses, 7 gorgeous lakes for boating and fishing, 2 large community
centers with multiple pools, over 30 parks, 2 miniature golf courses, tennis
courts, a crystal clear river running through the city, and much, much more. Since this is a municipality, there are 4 fire stations, schools, full-time
police force, emergency medical service, airport, post office, shopping,
restaurants, civic organizations, several churches (many denominations) and all
the normal things you find in any city. This area has a low crime rate and is
certainly one of, if not the most affordable areas of the country to live or
retire. This city has an excellent future with everything in place to become the
next "In Place" to live, recreate, or retire. Cherokee Village has a great
website you MUST visit:
OFFICIAL CHEROKEE VILLAGE WEB SITE
It contains information on the Village including the 2 golf courses and the
lakes.
HARDY
Hardy bills itself as the "Antique Capital of Northeast Arkansas"
with over 75 specialty shops. In addition to its shopping, Hardy sits on the
banks of the beautiful Spring River. This is a "mountain style" clear
water river
with its origins about 20 miles upstream near Mammoth Springs, Arkansas. It starts
almost entirely from a huge spring (the 10th largest spring in the world!) and
features great fishing. There are numerous outfitters in the Hardy area to get
you set up with rafting or kayaking. "Old Downtown" Hardy still looks much like
it did 100 years ago and is truly a lovely place to visit or live. With it's
numerous shops, restaurants, and the Spring River, it is a destination of
travelers from all over the region.
THE SPRING
RIVER
HORSESHOE BEND is a wonderful 9,000+/- acre golf, lake resort /
residential community nestled in the Ozark Mountains of North Central Arkansas. It is located approx. 3 hours Northwest of Memphis, Tennessee and 2 1/2 hours Northeast of Little Rock, Arkansas. It is approx. 185 miles to Bella Vista, approx. 198 miles to Hot Springs Village, approx. 79 miles to Fairfield Bay, all located in Arkansas. Horseshoe Bend is also located approx. 134 miles to Branson, Missouri. This city of 2400+ full-time residents features many amenities. Property owners have access to two golf courses,
3 gorgeous lakes for boating and fishing, numerous parks, a SUPER miniature golf course, tennis courts, a crystal clear river running through the
south end of the city, and much, much more. Since Horseshoe Bend is a municipality, it has its own full-time police force, fire department, library, airstrip, post office, shopping, restaurants, civic organizations, several churches (many denominations) and all the normal things you find in any
town. Add to this an RV Park and campground, and a section called "Pioneer Village
Manor" which includes 64 INDIVIDUAL RETIREMENT RESIDENCES, and you'll begin to see why Horseshoe Bend is so special!
Not far from Ash Flat, this quiet rural area has a low crime rate and is certainly one of, if not the most affordable areas of the country to live or retire.
In past years, Horseshoe Bend has been honored with the "Arkansas Safest City
Award". This city has an excellent future with everything in place to become the next "In Place" to live, recreate, or retire. And, of course, Horseshoe Bend has a great website you MUST visit:
OFFICIAL HORSESHOE BEND WEB SITE
It contains information on Horseshoe Bend including the golf courses and the lakes.
HIGHLAND
Highland is located in the middle of the 4-lane business corridor between Hardy
and Ash Flat that touches the edge of Cherokee Village. This community is
growing at a fast pace in its own right. Highland probably features the
majority of business' in the entire Quad-City Region and has just completed a
central water system and are in the process of installing a city waste water
management system which could probably benefit surrounding communities. The
local schools are located in Highland, which helps boost local pride.
Really, it's hard to find an area with so many quality places to live as what
you find in and around the Sharp, Fulton and Izard County area of Northeast Arkansas.
ASH FLAT
Ash Flat is located at the other end of the corridor from Hardy. It is
quickly becoming a hub for development due to the recent construction of a huge
Wal-Mart Supercenter. We all know that other businesses naturally gravitate to
the new Supercenter complex and this area is no exception. It is truly a small
town that is beginning to get the conveniences of a larger city. Founded almost
150 years ago, Ash Flat still has the old time cattle auctions and rodeos while
adding the modern services needed and demanded by today's society. The growth
potential of this entire area is excellent with Wal-Mart leading the way as the
magnet for other businesses.
We are very proud of all the
communities in the area and equally proud to be able to show you this wonderful property. We
will be happy to provide you with any additional information you may need,
simply email or call us.
(
You may call toll-free at 1-866-519-5263)
nlc001@centurytel.net
American Land Company
invites you to take a look at our
other properties
HERE.
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