| Face Value of Note |
3,800,000
($ Amount at Creation) |
Real Estate Note Balance |
4,180,000 (includes 10 discount points added to loan-new note being sold at closing) |
| Interest Rate |
9 % |
Payment Amount |
30,688.75 |
| Payments Made |
Monthly |
Date 1st Payment Made |
09/01/2009 Approx -TBD (2pymts to made ar closing-preseasoned) |
| # Payments Made |
2{preseasoned-to be made at closing} |
# Payments Remain |
46 (following closing) |
| Next Due Date |
10/01/2009 Approx (90 days following closing,as first 2 pymts are being made up front. The 3rd payment will be due in 90 days) |
Real Estate Note Status |
Current |
| Balloon Payment |
Yes |
Balloon Amount |
4,104,908.40(3,724,908.40 Plus the Additional $380 10 discount points added on the loan) |
| Date Balloon Due |
08/01/2013 (Or 48 months following the first payment at closing) |
Position of Real Estate Note |
1 st |
| 1st Remaining Balance |
4,180,000. |
2nd Remaining Balance |
0 |
| Payments Made on 2nd |
N/A |
Date Payment Made on 2nd |
00/00/0000 |
| # Payments Made on 2nd |
0 |
# Payments Remain on 2nd |
0 |
| Payer's Credit Score |
Unknown |
Value of Real Estate |
4,180,000. |
| Owner Occupied |
Yes |
Sales Date of Real Estate |
00/00/0000 |
| Real Estate Sales Price |
3,800,000. |
Real Estate Down Payment |
450,000 |
| Business Type |
1st postion note sale requires the the note be purchased at closing simultaneously upon its execution (Franchise, Etc) |
Property Size |
265 Pad,22.5 Acre Moblie Home Community-Apprx 85% Occupied |
| Property Usage |
265 Pad, 22.5 Acre Moblie Home Community - Apprx 85% |
|
|
| Loan to Value |
65 % Loan divided by Property Value |
Asking Price for Real Estate Note |
4,180,000 |
| Type of Note |
Commercial |
|
|
| I have a copy of the following and can make copies available by: |
E-Mail |
|
|
| 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 |
Yes |
| Street Address |
(register as an Investor) |
Real Estate / Property City |
Columbus (Muscogee County) |
| State |
Illinois |
Zip Code |
000000 |
| You are a/an |
Note Broker |
|
|
| Your First Name |
Cheryl |
Your Last Name |
(register as an Investor) |
| Day Phone Number |
224-201-2936 |
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? |
3,800.000 |
| How fast do you need it? |
asap |
| Added information about your Business Note. IE. Explain why you are selling this note. |
This Note Sale involves the Cash Out refinance(approx) of current LLC, which includes pymt to other LLC mimber for releasing interests along w/a reduced payoff settlement of current underlying debt.LLC parties may elect to place property into a Trust prior to closing and finance in name of trust. NOI 2008 year end:$459,714.67 Refi DCR 1.25 |
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