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Seller asking: $72,407.18 (80% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0041173
Lien Position
1st Mortgage/Deed of Trust
Note Status
Performing
Note Type
Conventional
# of Payments Last 12 Months
0
Paid To
08/01/2017
Loan Maturity
12/01/2045
Property Type
Single Family Res
Original Balance
$91,500.00
Principal Balance
$90,508.97
Est. Market Value
$85,000.00
Payment Amount
$875.00
Note Rate
9.400%
Sold Rate
9.400%
Detailed Note Information below
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Detailed Note Information
  • Note Terms
  • Note Dates
Lien Position: 1st Mortgage/Deed of Trust Amortization Type: Constant Amortization Loan Type: Conventional
Original Balance: $91,500.00 Current Balance: $90,508.97 PI: $0.00
Total Payment: $875.00 Note Rate: 9.400% Sold Rate: 9.400%
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:
Vendor Finance note has had regular payments since inception by a couple. Home has been fully rehabbed with a third bedroom added plus kitchen and bathroom remodel. Vendors lien is in place securing the note and couple have regularly paid on time since inception. Taxes are included in the P and I repayments and are currently managed by a trustee in San Antonio. Excellent returns for an investor who wants passive income.
Origination Date: 12/24/2015
First Payment Date: - - -
Paid to Date: 08/01/2017
Next Due Date: 09/01/2017
Maturity Date: 12/01/2045
Last Payment Received: - - -
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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