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Updated almost 17 years ago on . Most recent reply

User Stats

38
Posts
2
Votes
Terell Sloan
  • Real Estate Investor
  • akron, OH
2
Votes |
38
Posts

would anybody purchase this note

Terell Sloan
  • Real Estate Investor
  • akron, OH
Posted

Type of Property SFR

Payor's Credit--Bad 485

Property Value --$70,000-$75,000

Owner Occupied? yes

Sales Date - 3-1-05

Sales Price $70,600
Down Payment $600

StateIA City -Des Moines

Face Value of Note For Sale --$70,000

Note Balance --$67,020

Interest Rate --10%

Payment Amount --$636

Payments Made - Monthly Quarterly Annually Semi Annually --monthly

# of Payments Made --46

When 1st Payment Made --4-1-05

# of Payments Remaining--254

Next Payment Due Date 3-1-09

Loan to Value 89%

Current or Delinquentcurrent

Balloon Payment Amount (optional)

Balloon Payment Due Date (MM/DD/YYYY)(optional) --000

Position of Note - 1st or 2nd --1st

1st - Remaining Balance 67,027

2nd - Remaining Balance 000

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