Real Estate Investing › Investor Note Forms › Real Estate Notes and Land Contracts › Offer ID 584
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 |
555,000.00
($ Amount at Creation) |
Real Estate Note Balance |
577,200.00 |
| Original Sale Date |
TBD |
|
|
| Interest Rate |
9 % |
Payment Amount |
4,162.50 |
| Payments Made |
Monthly |
Date 1st Payment Made |
TBD (3payments to be made at closing) |
| # Payments Made |
3(preseasoned-To be made at closing) |
# Payments Remain |
57 (Following closing) |
| Next Due Date |
120 days following closing (First 3 payments are being made up front. Hence, the 4th payment will be due in 120 days.) |
Last Payment Made |
First 3 payments are being made up front |
| Real Estate Note Status |
Current |
|
|
| Balloon Payment |
Yes |
Balloon Amount |
577,200 (Interest-Only Note. So balance is same as original, less principal reduction payments, if applicable). |
| Date Balloon Due |
60 months following closing. |
Position of Real Estate Note |
1 st |
| 1st Remaining Balance |
577,200 |
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 |
A/700 & Above |
Value of Real Estate |
769,000 |
| Owner Occupied |
No |
Sales Date of Real Estate |
TBD |
| Real Estate Sales Price |
TBD (A cubstantial shortsale reduction has been negotiated. The price will be determined by wether or not the current underlying lienholder allows the property to be placed in a trust prior to payoff. |
Real Estate Down Payment |
N/A |
| Loan to Value |
72 % Loan divided by Property Value |
Asking Price for Real Estate Note |
552,500.00 |
| Type of Note |
Other |
If Other, Specify |
Single Family Residence |
| I have a copy of the following and can make copies available by: |
E-Mail |
|
|
| Type of Security |
Other |
If Other, Specify |
Pre-seasoned |
| Copy of Estate Note |
Yes |
Closing Statement |
No |
| Proof of Hazard Insurance |
Yes |
Photo of Real Estate |
Yes |
| Payer's Credit Report |
Yes |
Recent Appraisal |
Yes |
| Street Address |
(register as an Investor) |
Real Estate / Property City |
Hoschton |
| State |
Georgia |
Zip Code |
30548 |
| You are a/an |
Note Broker |
|
|
| Your First Name |
LaTasha |
Your Last Name |
(register as an Investor) |
| Day Phone Number |
313-743-2462 |
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? |
25,000.00 |
| How fast do you need it? |
This note sale requires that the note be purchased simultaneously upon it's execution at the closing |
Recourse |
No |
| Added information about your Real Estate Note. IE. Explain why you are selling this note. |
In lieu of a discount off the face of the note, discount points are added to the loan amount for yield enhancement. Property is also tentatively PRE-SOLD to a sebsequent wholesale buyer under a 60 month Contract Deed or wrap mortgage. |
Consider Selling Partial? |
No |
|
