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Seller asking: $23,000.00 (92.64555% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0071597
Lien Position
1st Mortgage/Deed of Trust
Note Status
Non Performing
Foreclosure
Note Type
Conventional
# of Payments Last 12 Months
2
Paid To
12/01/2016
Loan Maturity
01/01/2024
Property Type
Single Family Res
Original Balance
$42,100.00
Principal Balance
$24,825.80
Est. Market Value
$50,000.00
Payment Amount
$387.29
Note Rate
7.375%
Sold Rate
7.375%
Detailed Note Information below
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Detailed Note Information
  • Note Terms
  • Note Dates
  • Foreclosure
  • Property Information
Lien Position: 1st Mortgage/Deed of Trust Amortization Type: Fully Amortized Loan Type: Conventional
Original Balance: $42,100.00 Current Balance: $24,825.80 PI: $387.29
Total Payment: $387.29 Note Rate: 7.375% Sold Rate: 7.375%
Total in Trust: 0 Unpaid Interest: $0.00
Late Charges is:
5.00% after 15 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: Yes In Bankruptcy: No



Seller Comments:
A recent BPO dated 7/27/2017 indicates an estimated value of $50,000. Property is tenant occupied. Demand letters were sent by our attorney on 7/7/2017. Estimated Foreclosure Sale date of 10/25/2017.
Origination Date: 09/16/2008
First Payment Date: 11/01/2008
Paid to Date: 12/01/2016
Next Due Date: 01/01/2017
Maturity Date: 01/01/2024
Last Payment Received: 12/06/2016
# of Payments Last 12: 2
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: 07/07/2017
Schedule Sale Date: - - -
Draw Period Start Date: 03/27/2014
Repayment Period Start Date: - - -
Current Index Name:
Margin: 0 %
Ceiling: 0 %
Floor: 0 %
Next Adjustment:
Adjustment Frequency: 0   Months

Properties

Property Type: Residential Condo LTV Ratio: 0.00
City: Other County: GASTON
Market Value: 0.00 Valuation Date: 01/01/2000

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