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Seller asking: $68,134.30 (85% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0041172
Lien Position
1st Mortgage/Deed of Trust
Note Status
Performing
Note Type
Conventional
# of Payments Last 12 Months
0
Paid To
04/01/2017
Loan Maturity
10/01/2031
Property Type
Single Family Res
Original Balance
$81,700.00
Principal Balance
$80,158.00
Est. Market Value
$84.00
Payment Amount
$646.08
Note Rate
5.000%
Sold Rate
5.000%
Detailed Note Information below
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Detailed Note Information
  • Note Terms
  • Note Dates
Lien Position: 1st Mortgage/Deed of Trust Amortization Type: Fully Amortized Loan Type: Conventional
Original Balance: $81,700.00 Current Balance: $80,158.00 PI: $0.00
Total Payment: $646.08 Note Rate: 5.000% Sold Rate: 5.000%
Total in Trust: 0 Unpaid Interest: $0.00
Late Charges is:
$5.00 after 10 days
Unpaid Charges: $0.00 Prepayment Penalty: No Rate Type: Fixed Rate
Balloon Payment: No Loan Terms Modified: No Registered w/MERS: No
On Forbearance Plan: No In Foreclosure: No In Bankruptcy: No



Seller Comments:
Single Family Home - 3 bedroom, 1 bath, 1100 sq. feet. in Gladstone, MO (Kansas City) - The subject property has been rehabbed, new hardwood floors, 30 yr. roof and new gutters were installed. The property was listed for sale but was not sold n a timely manner. Therefore, the property was leased for two consecutive years. The tenants paid their rent on time every single month, have taken good care of the property. Their credit is not that great, however, taking into consideration that have been paying on time. We decided that instead of renewing the lease, we would sell the property to them via owner financing. They have continue to make monthly payment every single month. The property is free and clear!
Origination Date: 10/14/2016
First Payment Date: 11/01/2016
Paid to Date: 04/01/2017
Next Due Date: 05/01/2017
Maturity Date: 10/01/2031
Last Payment Received: 04/01/2017
Note Payment Amount: $0.00
Tax Portion: $0.00
Insurance Portion: $0.00
Trust Balance: $0.00
1st Trust

Lien Position: 1st Trust Deed/Mortgage Principal Balance: $ 0.00
Monthly Payment: $ 0.00 Modified: Unknown
Current: Unknown Information as of: - - -


2nd Trust

Lien Position: 2nd Trust Deed/Mortgage Principal Balance: $ 0.00
Monthly Payment: $ 0.00 Modified: Unknown
Current: Unknown Information as of: - - -
BK Discharge Date: - - -
BK Chapter: None
BK Dismissal Date: - - -
BK Filing Date: - - -
Date Opened: - - -
Schedule Sale Date: - - -
Draw Period Start Date: - - -
Repayment Period Start Date: - - -
Current Index Name:
Margin: - - - %
Ceiling: - - - %
Floor: - - - %
Next Adjustment:
Adjustment Frequency: 0   Months

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