AUCTION ID #: 390355 Bookmark and Share
First Trust Mortgage Note Secured by SFH Anderson, IN
Item 390355  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: Not Met
Status: Closed
Auction Started: 08-06-08    03:15 PM ET
Auction Closed: 08-21-08    05:30 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: Anderson, IN    46016
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Bid Increment: $200
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $19,612
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 925 W 7th St, Anderson, IN 46016
  Legal Description MOORES 46'X108.5'
   

2006 Assessment Values Established by County Assessor
  Non Residential Land $9,200
  Non Residential Improvement $60,400

Loan Information
  Current Balance $39,224.86
  Rate 8%
  Payment Amount

$350

  Number of Original Payments 209
  Number of Payments Remaining 207
  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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