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Properties listed as Hot Properties on this page and in the "MavClips"newsletter, are properties that are either "Foreclosed Resales" or "Have to Sell" parcels. These land parcels have either been foreclosed on by a foreclosure company, or deeded back to the original seller through a recorded "Grant Deed in Lieu of Foreclosure". Many of these properties are priced at less than 25% of the original selling price.

All properties listed with Maverick Company are owner finance with easy terms and fully amortized (no balloon payment). Loans are 186 payments (15.5 years). The buyer has the option to pay off the property at any time with no prepayment penalty. Ownership is transferred by Grant Deed, with the seller holding a Note secured by a Trust Deed. Escrow's will not closed prior to the buyer's approval ofa Preliminary Title Report.

Typical terms are: 15% down payment, with monthly payments of 1% of the note balance (eg. $100.00 payments on a $10,000.00 loan). Monthly payments are principle and interest. Interest rate at 9 percent. Escrow, Title Insurance and closing costs paid by the buyer, typically amount to under $1,200.00 on property selling under $100,000.00.

Send E-mail of call for more information including area and property plate maps.

Adelanto

14+ ACRES - ADELANTO, CALIFORNIA
SOUTH ADELANTO NEAR ALL THE NEW HOUSING & INDUSTRIAL PARKS FORECLOSED RESALE. 14+ NET ACRES. 2 PARCELS
  • Property location: Fronts on Koala Road and Lupin Road.
  • Selling Price:$70,600.00.
  • Down Pmt.:$10,600.00.
  • Monthly pmt.:$600.00 at 8% Interest.

4.16 ACRES ADELANTO, CALIFORNIA 181,210 SQUARE FEET. LESS THAN 1/2 MILE FROM NEW HOUSING TRACTS. CLOSE TO MAVERICK STADIUM AND CHINESE TRADE CENTER.
  • Property location: Northwest corner of Poppy Road and Fremontia Road.
  • Now $29,500.00.
  • Down pmt. $4,500.00 + Escrow.
  • $250.00 per month at 9% interest.

Apple Valley

4.5 ACRES VIEW PROPERTY
FORECLOSED RESALE Sold for $23,500.00, Feb., 1991
  • Property location: 1.5 Miles north of highway 18, west of Lovelace Canyon Road.
  • Selling price: $11,765.00.
  • Down Pmt: $1,765.00.
  • Monthly pmt: $100.00 at 9% Interest.

2.5 ACRES APPLE VALLEY AIRPORT
FORECLOSED RESALE
ZONED MANUFACTURING / INDUSTRIAL
  • Property location: Fronts on Altadena Street, between Fernandez Ave and Somis Ave.
  • Similar property sold at $18,000.00 per acre in 1989. Now $23,530.00.
  • $3,530.00 down with payments of $200.00 per month at 9% interest.

10 ACRES APPLE VALLEY AIRPORT.
ZONED MANUFACTURING / INDUSTRIAL
AIRPORT PERIMETER ROAD
  • Property location: Northeast corner of Navajo Road and Lafayette Street (airport perimeter road)
  • FORECLOSED RESALE. SOLD AT $170,000.00 IN 1989
  • Selling price: $70,600.00 Down Pmt. $10,600.00.
  • Monthly pmt: $600.00 at Interest 9%.

2.5 ACRES. 3 MILES EAST OF APPLE VALLEY AIRPORT:
  • Property Location: Laguna Seca Road and Lafayette Road.
  • Selling Price: $7,060.00
  • Down pmt. $1,060.00 Monthly pmt: $60.00 at 9% Interest.

Victorville

10 ACRES VICTORVILLE, CALIFORNIA
FORECLOSED RESALE IN PATH OF GROWTH
  • Property location: Fronts on La Mesa Road 660 feet west of Verbena Road.
  • Last Sale was September, 1989. Sold for $140,000.00
  • NOW $70,600.00, Down pmt: $10,600.00, Monthly pmt. $600.00 at 9% Interest


19250 Highway 18
Apple Valley
California 92307
Phone: 760-242-2306
Fax: 760-242-1157
mavco@www-ware.com