AUCTION ID #: 390025 Bookmark and Share
First Trust Mortgage Note Secured by SFH Saginaw Michigan
Item 390025  
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    09:30 PM ET
Auction Closed: 08-21-08    05:00 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: Indanapolis, IN    46222
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Bid Increment: $200
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $19,000
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
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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 406 S. Woodbridge, Saginaw, MI 48602
Legal Description LOT 4,INC NW 1/2 OF VACATED ALLEY, BLK.192,CITY OF SAGINAW IN DIVISION SOUTH OFCASS STREET

Taxable Value for 2008 per the County
Total $21,921

Loan Information
Current Balance $39,7475.17
Rate 8%
Payment Amount

$349.84

Number of Original Payments 215
Number of Payments Remaining 210
Next Payment Due Date 08/01/08


Additional Details
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Settlement Requirements
  • Certified/Cashier's Check
  • Wire Transfer
  • Full payment due within 48 hours after auction ends.
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