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 449,000
($ Amount at Creation)
Real Estate Note Balance 468,851
Original Sale Date 5/1/2007    
Interest Rate 7 % Payment Amount 2,656
Payments Made Monthly Date 1st Payment Made 6/10/2007
# Payments Made 45 # Payments Remain 75
Next Due Date 3/10/2011 Last Payment Made 2/10/2011
Real Estate Note Status Current    
Balloon Payment Yes Balloon Amount 306,000
Date Balloon Due 6/10/2017 Position of Real Estate Note 1 st
1st Remaining Balance 468,851 2nd Remaining Balance n/a
Payments Made on 2nd N/A Date Payment Made on 2nd n/a
# Payments Made on 2nd n/a # Payments Remain on 2nd n/a
Payer's Credit Score Unknown Value of Real Estate 700,000
Owner Occupied Yes Sales Date of Real Estate 5/1/2007
Real Estate Sales Price 565,000 Real Estate Down Payment 116,000
Loan to Value 64 % Loan divided by Property Value Asking Price for Real Estate Note other
Type of Note Commercial    
I have a copy of the following and can make copies available by: Fax    
Type of Security Mortgage    
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 Apache Junction
State Arizona Zip Code 84045
You are a/an Note Broker    
Your First Name John Your Last Name (register as an Investor)
Day Phone Number (903) 253-3920 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? n/a
How fast do you need it? n/a Recourse No
Added information about your Real Estate Note. IE. Explain why you are selling this note. The payments are based on $229,000 at 7% for 10 years which come to $2656 month. There is a BALLOON of $220,000 at 7% for 10 years which = $306,000 due in June of 2017. The TOTALS ARE: $116,000cash + $229,000note + $220,000balloon = $565,000 Sale Price. Heavy-industrial property. 3 acres with commercial weight scale and two buildings on property (one for office and one for parts). Operating a metal salvage and car parts business. Payers have operated this business for 15 years, first as tenants and then as buyers and have always paid on time. This is in an area zoned for heavy industrial and includes a concrete company, a drilling company, a stone company, a auto salvage yard, welding business, etc. We understand all offers are contingent upon Payers Credit, Review of Note, Appraisal, and Title. Thank You! Consider Selling Partial? No

 

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