Note Balance Remaining: $77,396.28
Asking Price for Note: $72,500
Sales Price to Borrower: 90,000
Terms: Terms will be 10% interest, 30-year am schedule with one-year balloon.
Monthly Payments PITI: 815
Collateral: Single-Family Home with 2 beds 1 bath, 1,085 SF
Estimated Value of Collateral: $127,000
This property was sold on a lease option to an investor that is rehabbing and will payoff within one year. The lease option sales price was 90,000 and the buyer made an option payment of $12,500 and has a balance of 77,369.28 after 3 on-time payments. This may be sold to investor/buyer with a warrantee deed and assign the lease option or we can transfer the deed to the borrower and sell the note and mortgage to you.
Call or text us with questions at 828-458-5610