AUCTION ID #: 390360 Bookmark and Share
First Trust Mortgage Note Secured by SFH Clinton, OH
Item 390360  
Final Bid: USD $3,440
Number of Bids: 11
Your Bid Status: Login to view status
Reserve: Met
Status: Closed
Auction Started: 08-06-08    03:15 PM ET
Auction Closed: 08-21-08    06:01 PM ET
Asset Details
Seller Information
   
Seller Name: Lwbr2000
Rating: Seller Rating - 2.5 (3)
Location: Wilmington, OH    45177
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Bid Increment: $200
Shipping Cost: SEE DESCRIPTION BELOW
Minimum Bid: $1,435
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 8331 N US-68, Wilmington, Ohio 45177
  Legal Description LUMBERTON LOTS ADD LT12PT<13
   

Appraised Values Established by County Assessor
  Land $11,700
  Improvement $25,600
  Total $37,600

Loan Information
  Current Balance $2,870.67
  Rate 8%
  Payment Amount

$300

  Number of Original Payments 159
  Number of Payments Remaining 156
  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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