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Seller asking: $41,998.08 (80.69% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0082619
Lien Position
1st Mortgage/Deed of Trust
Note Status
Performing
Note Type
Conventional
# of Payments Last 12 Months
6
Paid To
07/15/2018
Loan Maturity
02/01/2038
Property Type
Single Family Res
Original Balance
$52,500.00
Principal Balance
$52,048.68
Est. Market Value
$58,000.00
Payment Amount
$489.37
Note Rate
9.500%
Sold Rate
9.500%
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: $52,500.00 Current Balance: $52,048.68 PI: $0.00
Total Payment: $489.37 Note Rate: 9.500% Sold Rate: 9.500%
Total in Trust: 0 Unpaid Interest: $62,463.23
Late Charges is:
$50.00 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:
Home was originally sold on a land contract in February 2018; the land contract was converted to a deed with lien in June 2018.Property taxes are currently approximately $4,000. The buyer was allowed to pay $2,000 of the down payment towards property taxes. The remainder will be paid upon sale of the note.The home is in a desirable area for its value. It was extensively renovated prior to sale.
Origination Date: 02/01/2018
First Payment Date: 03/02/2018
Paid to Date: 07/15/2018
Next Due Date: 08/15/2015
Maturity Date: 02/01/2038
Last Payment Received: - - -
# of Payments Last 12: 6
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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