Real Estate Investing › Investor Note Forms › Real Estate Notes and Land Contracts › Offer ID 1089
Real Estate Notes and Land Contracts
The form below shows all Real Estate Notes and Land Contract investment opportunity. You as an investor can make offers to purchase these investments and add them to your portfolio. Remember you are making an offer to the holder of the investment. Once you decide to make an offer you will then scroll down the page until you find the name and phone number of the seller of the real estate note and/or realestate and present it to them. Simon Volkov Inc. has nothing to do with these properties or notes so we demand that you do your own due-diligence before you call or submit your offers directly to the note holder.
| Face Value of Note |
325,000.00
($ Amount at Creation) |
Real Estate Note Balance |
319,065.84 |
| Original Sale Date |
05/01/2009 |
|
|
| Interest Rate |
7 % |
Payment Amount |
2,728.90 |
| Payments Made |
Monthly |
Date 1st Payment Made |
06/01/2009 |
| # Payments Made |
7 |
# Payments Remain |
197 |
| Next Due Date |
01/01/2010 |
Last Payment Made |
12/01/2009 |
| Real Estate Note Status |
Current |
|
|
| Balloon Payment |
No |
Balloon Amount |
NA |
| Date Balloon Due |
NA |
Position of Real Estate Note |
1 st |
| 1st Remaining Balance |
319,065.84 |
2nd Remaining Balance |
147,260.89 |
| Payments Made on 2nd |
Monthly |
Date Payment Made on 2nd |
06/01/2009 |
| # Payments Made on 2nd |
7 |
# Payments Remain on 2nd |
197 |
| Payer's Credit Score |
Unknown |
Value of Real Estate |
700,000.00 |
| Owner Occupied |
Yes |
Sales Date of Real Estate |
05/01/2009 |
| Real Estate Sales Price |
625,000.00 |
Real Estate Down Payment |
100,000 on 1st; 50,000 on 2nd |
| Loan to Value |
75 % Loan divided by Property Value |
Asking Price for Real Estate Note |
Best Offer |
| Type of Note |
Commercial |
|
|
| I have a copy of the following and can make copies available by: |
Fax |
|
|
| Type of Security |
Deed of Trust |
|
|
| Copy of Estate Note |
Yes |
Closing Statement |
Yes |
| Proof of Hazard Insurance |
Yes |
Photo of Real Estate |
Yes |
| Payer's Credit Report |
No |
Recent Appraisal |
No |
| Street Address |
(register as an Investor) |
Real Estate / Property City |
Galveston |
| State |
Texas |
Zip Code |
77550 |
| You are a/an |
Other |
If Other, Specify |
Note Finder |
| Your First Name |
Renata |
Your Last Name |
(register as an Investor) |
| Day Phone Number |
516 994 4090 |
Evening Phone Number |
(register as an Investor) |
| Fax |
(register as an Investor) |
Your E-Mail Address |
(register as an Investor) |
| Referred By |
(register as an Investor) |
How Much Do You Need? |
Best Offer |
| How fast do you need it? |
Within 60 days |
Recourse |
Yes |
| Added information about your Real Estate Note. IE. Explain why you are selling this note. |
This commercial note is for a motel in Galveston, TX. There is a 1st lien note and 2nd lien note, and the seller wants to sell both. The 1st note is for 425,000.00 minus a 100,000.00 down payment. Face Value of 1st lien is 325,000.00. The 2nd note is for 200,000.00 minus a 50,000.00 down payment. Face Value of 2nd lien is 150,000.00. 1st Note is 425,000.00 plus 2nd Note 200,000.00 equals 625,000.00 sales price. 51% LTV on 1st. 75% CLTV on 2nd. |
Consider Selling Partial? |
No |
|
Make a Bid