Non-Performing 1st Note - Markham, IL -$46,500 - $65,000 BPO

[Tracy Z. Rewey]

We are excited to announce a second release of 26 assets this week from a vetted third party seller. You will see a mix of both performing and non-performing assets including a selection of higher valued homes.

You’ll notice a number of assets have a total legal balance in excess of the unpaid principal balance. This includes items like accrued interest, legal fees, advances, and other items that make up the full legal balance due the note holder. The right to the full legal balance transfers to the note buyer providing an opportunity for increased discount or potential negotiation points for work-outs with the borrower. 

For example, this week’s featured asset in Markham IL has an unpaid principal balance of $81,611.47 with a full legal balance of approximately $175,750 and is priced at $46,500. We invite you to review this new listing:

NON-PERFORMING NOTE FOR SALE
MARKHAM, IL - 1st Position - ID #59496
Original Note Date 04/07/2000
$81,611.47 UPB @ 9.99% $740.08/mo
Full Legal Balance of Approximately $175,750
$65,000 BPO November 2018
Purchase Price: $46,500

To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/

Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.