Real Estate Investing › Investor Note Forms › Real Estate Notes and Land Contracts › Offer ID 585
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 |
2,250,000.00
($ Amount at Creation) |
Real Estate Note Balance |
2,362,500.00 |
| Original Sale Date |
TBD |
|
|
| Interest Rate |
9 % |
Payment Amount |
16,87 (Upon full fraw out-11,250.00 initially |
| Payments Made |
Monthly |
Date 1st Payment Made |
Preseasoned ( First 3 payments are being made up front. |
| # Payments Made |
3(This is NOT "Preseasoned-To be made at closing") 18 months of payments qualifies as Preseasoned |
# Payments Remain |
57( following closing |
| Next Due Date |
120 days following closing (First 3 payments are being made up front. |
Last Payment Made |
TBD ( 3 payments to be made at closing-Preseasoned) |
| Real Estate Note Status |
Current |
|
|
| Balloon Payment |
Yes |
Balloon Amount |
2,362,500 (interest-Only Note. So balance is same as original, lee principal reduction payments, if applicable). |
| Date Balloon Due |
60 months following closing. |
Position of Real Estate Note |
1 st |
| 1st Remaining Balance |
2,362,500.00 |
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 |
3,800,000.00 |
| Owner Occupied |
No |
Sales Date of Real Estate |
TBD |
| Real Estate Sales Price |
tbd (previosly 1.685m as Pre-foreclosure), This now REO discounted price is for a partially completes approx 16,000 sf luxury home (at sheetrock installation stage) |
Real Estate Down Payment |
n/a |
| Loan to Value |
59 % Loan divided by Property Value |
Asking Price for Real Estate Note |
2,597,500.00 |
| 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 |
Mortgage |
|
|
| 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 |
Braselton |
| State |
Georgia |
Zip Code |
30517 |
| 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? |
5 points |
| How fast do you need it? |
ASAP |
Recourse |
Yes |
| Added information about your Real Estate Note. IE. Explain why you are selling this note. |
This is a NEW NOTE being sold at the upcoming closing of a partially constructed property wherein the seller is settling for a discount on the property |
Consider Selling Partial? |
No |
|
