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Back to home page NOTE AND DEED OF TRUST, MORTGAGE
$68k Note and 1st TD - 15 Year Balloon - 8% Item number: 13205
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Current Bid: $57,000.00 USD   # of Bids: 1 Bids ($56,999.00 USD starting bid)
Location Arizona - Maricopa County
Time left Closed Country United States of America
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Started Fri Jan 23, 10:49 AM mail (Mail this listing to a friend)
Ends Fri Jan 30, 10:49 AM
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 Item Description
Borrower has made 17 consecutive payments without being late!  $623.70 per month.  Borrower purchased the 28 X 64 Fleetwood and 6/10 of an acre for $85k in Sept 2007 and has since paid down the note by an additional $15k.  Current balance is $68k.  30 Year Amort./15 Year Ballon.
Added by Seller on Mon Jan 19, 2:27 AM:

 

Attention!!!  Important Revision!!!  The balloon is 10 years, not 15 years as originally input.  10 year ballon, not 15.  Thanks.


Added by Seller on Mon Jan 19, 3:00 AM:

Credit Score in 9/2007 was 676 (Beacon 5.0), 687 (FICO II) and 724 (FICO Classic).  I have copies of the last 12 months payments on this note.  Never late.

Also, please note that in reviewing the original Purchase Contract for the MH w/ land, the sales price was $89,900 and buyer put down $4,900.  Subsequent to that, during the first year of the note, she made an additional $15,000 in principle reduction payments.

Also, please correct your notes for the year the Fleetwood was built.  It should read 1999.  Sorry for the error on my part. 

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Question: Need the document below asap. A) Copy of the closing statement B) Copy of the Deed of Trust C) Copy of the Real Estate lien Note D) personal info on the payors E) Any info available about the mobile home titles (2) SmithNotes (0) Verified
Seller's Response Ok.
Answered on: Thu Feb 5, 1:31 PM PST
 Closed Listing


This listing was closed!
This item was re-posted, you can find the new listing at

http://financialpapertocash.com/cgi-bin/auction/view?cmd=view&listingID=13284.

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