AUCTION ID #: 390015 Bookmark and Share
First Trust Mortgage Note Secured by SFH in Birmingham Assessed $68k
Item 390015  
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    04:15 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: Birmingham, AL    35228
View Seller's other items
 
 
Bid Increment: $200
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $18,600
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 6008 Court O, Birmingham, AL 35228
Legal Description Lot 3 BLK 3 Dobbins Bros Central Park ADD 2nd Sector

Values Established by the County Assessor
Total $68,700

Loan Information
Current Balance $37,266.03
Rate 8%
Payment Amount

$410.25

Number of Original Payments 143
Number of Payments Remaining 140
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.
  •