@Kim Handelman Public records for the City of West Haven show these documents: (sent you instructions via email, as well)
First mortgage note:
Sale: $79,000; Loan date: 5/10/06. Initial loan: $67,500 ($11,500 down payment - approx 14%)
2 Year ARM, amortized 30 years, initial rate: 8.360%
First rate adjustment: 5/15/08 - no greater than 11.36%; no less than 8.360%
Rate changes every 6 months thereafter.
Second mortgage / refinance: Date: 6/3/08. Total loan: $80,250, amortized 30 year. Interest rate isn't shown on this mortgage document, so not sure where else to find it other than the payment coupon. The lender on record is bankrupt.
Mortgage Release: Date: 6/23/08. Payoff first mortgage $67,500; debt rolled into new loan.
You can use any amortization calculator to get a general idea. I used one at Bankrate.com and with an estimated 6.8% rate based only on historic rates for that period found here: HSH Historical Mortgage Rates
For the second loan of $80,250 amortized over 30 years, this shows an approximate loan balance of $71k today. All property taxes are current, as well.
Bankrate amortization $80,250 30 years at 6.8%
I always start my initial search on Realtytrac.com to find the original loan and sale date - they're usually pretty accurate. You must be a paid subscriber to have access to this. Once I find it there, I cross check with city or county public records and property tax records.
Hope this helps!
