AUCTION ID #: 390013 First Trust Mortgage Note Secured by SFH in Birmingham-$24k Assessed   Final Bid: USD $0 Number of Bids: 0 Your Bid Status: Login to view status Reserve: Not Met Status: Closed Auction Started: 08-01-08    09:45 PM ET Auction Closed: 08-21-08    04:30 PM ET Seller Information     Seller Name: Lwbr2000 Rating: (3) Location: Birmingham, AL    35214 View Seller's other items     Bid Increment: $200 Shipping Cost: SEE DESCRIPTION BELOW Minimum Bid: $9,800 Auction Type: Regular Auction Source: Private Auction Deposit Required: $0 Overtime Period: 5 min Page Views: Bidding has Closed Add to My B4A Watch List | Need Help? Asset Information Additional Details Your Bid History Asset Description First Trust Mortgage Notes Secured by a Single Family Detached Home. Plenty of Equity already in place! Here is your chance to add passive income to your portfolio. Earn 8% on performing secured first mortgage notes. We have over 50 notes in several geographical areas to meet your portfolio’s needs. Parcel Information Property Address 224 Avenue T Birmingham, AL 35214 Legal Description Subdiv of lot 1 & N 1/2 of lot 4 blk 10 W D Young TR Values Established by the County Assessor Total $24,600 Loan Information Current Balance $19,762.68 Rate 8% Payment Amount $325.75 Number of Original Payments 85 Number of Payments Remaining 80 Next Payment Due Date 08/01/08 Additional Details For more information about this asset including photos, specs and more (when available), click here. Settlement Requirements Certified/Cashier's Check Wire Transfer Full payment due within 48 hours after auction ends.