fciLogoTransBg
Register Free
Log In

Seller asking: $220,500.00 (98% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0082312
Lien Position
1st Mortgage/Deed of Trust
Note Status
Non Performing
Note Type
Conventional
# of Payments Last 12 Months
0
Paid To
01/15/2018
Loan Maturity
11/17/2025
Property Type
Commercial
Original Balance
$225,000.00
Principal Balance
$225,000.00
Est. Market Value
$345,000.00
Payment Amount
$2,812.50
Note Rate
5.000%
Sold Rate
5.000%
Detailed Note Information below
Actions
Order BPO
Order Title
Search
Pay History
Area
Foreclosures
Sample Purchase
Agreement
Zillow.com
Similar Listings
Prod. ID: 0012924
1st Mortgage
UPB: $55,220.00
Note Rate: 6.250%
Youngstown, OH
Prod. ID: 0041335
1st Mortgage
UPB: $41,374.11
Note Rate: 7.000%
CLEVELAND, OH
Prod. ID: 0041433
1st Mortgage
UPB: $81,996.03
Note Rate: 8.350%
Cleveland, OH
Prod. ID: 0071724
1st Mortgage
UPB: $57,990.81
Note Rate: 8.450%
Columbus, OH
Prod. ID: 0072279
1st Mortgage
UPB: $36,284.00
Note Rate: 8.240%
CLEVELAND, OH
Prod. ID: 0082309
1st Mortgage
UPB: $151,024.85
Note Rate: 7.440%
Bend, OR
Prod. ID: 0082434
1st Mortgage
UPB: $52,379.02
Note Rate: 6.625%
Poland, OH
Prod. ID: 0082467
1st Mortgage
UPB: $44,107.28
Note Rate: 4.920%
DAYTON, OH
Prod. ID: 0082593
1st Mortgage
UPB: $231,642.09
Note Rate: 4.500%
Saugus, MA
Prod. ID: 0082594
1st Mortgage
UPB: $47,621.31
Note Rate: 9.540%
JOHNSTOWN, PA
Prod. ID: 0082595
1st Mortgage
UPB: $63,522.46
Note Rate: 6.500%
ROCKFORD, IL
Prod. ID: 0082591
1st Mortgage
UPB: $100,000.00
Note Rate: 11.000%
Phoenix, AZ


Detailed Note Information
  • Note Terms
  • Note Dates
Lien Position: 1st Mortgage/Deed of Trust Amortization Type: Interest Only Loan Type: Conventional
Original Balance: $225,000.00 Current Balance: $225,000.00 PI: $0.00
Total Payment: $2,812.50 Note Rate: 5.000% Sold Rate: 5.000%
Total in Trust: 0 Unpaid Interest: $0.00
Late Charges is:
$10.00 after 15 days
Unpaid Charges: $0.00 Prepayment Penalty: No Rate Type: Fixed Rate
Balloon Payment: Yes Loan Terms Modified: No Registered w/MERS: No
On Forbearance Plan: No In Foreclosure: No In Bankruptcy: No



Seller Comments:
Remodeled, fully furnished medical office building - leased out for three (3) year term through 11/30/19. Previously leased to physician group that disbanded. Loan is interest only, quarterly payments, FIRST POSITION, non-recourse. Building owners are professional Self Directed Retirement fund investors. Corner lot on main street, 2 blocks from Ohio Health Hospital. Fully remodeled in and out, great location. Reason for sale of note is to remove former partner (physician) who currently holds note. This is a performing note with no problems; purpose of sale is to complete dissolution of former partnership.
Origination Date: 12/15/2013
First Payment Date: 04/15/2014
Paid to Date: 01/15/2018
Next Due Date: 04/15/2018
Maturity Date: 11/17/2025
Last Payment Received: 01/15/2018
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

Properties


Please Register Free or Log In to view Loan Details.

If you have any questions or concerns please contact FCI EXCHANGE at admin@fciexchange.com or call (800)931-2424 x750

Use of this Web site constitutes acceptance of FCI EXCHANGE Terms of Use for Trading on This Site and the Website Usage Terms & Conditions
8190 E. Kaiser Blvd, Anaheim Hills, CA 92808 | Phone (800) 931-2424
Copyright 2010 FCI EXCHANGE, INC. All Rights Reserved.