Duplex / Fourplex Note for sale in Hamtramck Michigan.

Type : Duplex/Fourplex
Location/Address of Property : Current Appraised/Market Value : $130,000.00
Original Sale Price : $95,000.00
Original Sale Date : 06/08/2008
Mortgage Note Type : Land Contract
Down Payment : $23,000.00
Date of First Payment : 07/01/2008
Current Balance of Note : $55,500.00
Monthly Payment Amount : $671.00
Interest Rate : 7.5
Original # of Months on Note : 120
Next Payment Due : 07/01/2010
Remaining # of Months on Note : 120
Lien Position : First
Is there a Balloon Payment : yes
If yes, due date : 06/01/2013
Amount Due : $43,708.85
Current Balance of Underlying Mortgage (if any) : $
Balance As Of : 06/01/2010
Payment Amount : $671.00
Credit of Buyer : Excellent
Is Note Paying on Time : yes
Sell whole note or partial note : whole note
Comments : Current balloon on this 4 family 100% occupied building is due 06/05/2010. Owner occupied. Note payor has 10K to pay toward principal. Holder wants to create a 3 yr balloon note and sell it ASAP. Face value of new note 55.5K
Blan Form : Mortgage Note Form.


Christopher A White
Fast Note Seller
806-401-1015
Cashnotes2010@gmail.com
http://twitter.com/fastnoteseller
http://www.myspace.com/cashnotefinder
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http://fastnoteseller.blogspot.com/


DISCLAIMER: Sender is NOT a United States Securities Dealer or Broker or U.S. Investment Adviser. Sender is a Consultant and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer. I'm also on Twitter : http://twitter.com/Fastnoteseller