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 35,000
($ Amount at Creation)
Real Estate Note Balance 34,386.71
Original Sale Date 4/8/1994    
Interest Rate 15 % Payment Amount 489.86
Payments Made Monthly Date 1st Payment Made 5/1/08
# Payments Made 11 # Payments Remain 169
Next Due Date 4/1/08 Last Payment Made 3/1/08
Real Estate Note Status Current    
Balloon Payment Yes Balloon Amount 32,637.96
Date Balloon Due 4/30/11 Position of Real Estate Note 2 nd
1st Remaining Balance 48,000 2nd Remaining Balance 0
Payments Made on 2nd Monthly Date Payment Made on 2nd 1st
# Payments Made on 2nd 0 # Payments Remain on 2nd 0
Payer's Credit Score Unknown Value of Real Estate 250,000
Owner Occupied Yes Sales Date of Real Estate 4/8/1994
Real Estate Sales Price 164,000 Real Estate Down Payment 0
Loan to Value 35 % Loan divided by Property Value Asking Price for Real Estate Note 27,000
Type of Note SFR-Owner Occupied    
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 No Photo of Real Estate Yes
Payer's Credit Report No Recent Appraisal No
Street Address (register as an Investor) Real Estate / Property City Charleston
State South Carolina Zip Code 29407
You are a/an Note Holder    
Your First Name Brian Your Last Name (register as an Investor)
Day Phone Number 843.801.0924 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? $27,000
How fast do you need it? Soon Recourse Yes
Added information about your Real Estate Note. IE. Explain why you are selling this note. In 2006, the borrowers were in foreclosure. We purchased an equity position by taking the property out of foreclosure on August 4, 2006. Title was transferred into a trust. On April 1, 2008, our equity position was converted to a $35,000 Mortgage.We want cash now for other investments. Consider Selling Partial? Yes

 

Make a Bid