AUCTION ID #: 390181 Bookmark and Share
First Trust Mortgage Note Secured by SFH Warren, OH
Item 390181  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 08-04-08    05:15 PM ET
Auction Closed: 08-21-08    05:15 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: Warren, OH    44483
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Bid Increment: $200
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $12,132
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 821 Kenilworth Ave SE, Warren, OH 44483
  Legal Description 60 40F KENILWORTH KENILWORTH AVE
   

Appraised Values Established by County Assessor
  Land Value $5,600
  Improvement Value $40,400
  Total $46,000

Loan Information
  Current Balance $24,263.28
  Rate 8%
  Payment Amount

$300

  Number of Original Payments 118
  Number of Payments Remaining 117
  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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