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Updated almost 16 years ago,
would anybody purchase this note
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