The buyer/borrower began a lease option on January 2024 and has made all payments on-time. We are now converting to a long term seller-financed contract for deed/bond for title. The deed may be transferred as well if the note buyer prefers this.
| Description | Amount/Detail |
| Original Sales Price | $167,000 |
| Down Payment | $18,000 |
| Original Amount Financed | $148,203.50 |
| Terms and Monthly Payments | 30 years with 9.75% interest rate / $1,273.30 monthly payments + taxes and insurance |
| Current Balance of Note | $147,994.37 |
| Payments for Sale | 3-360 |
| Estimated Value of Collateral | $ |
| Property Address | 309 Sycamore St, Gaffney, SC 29340 |
| Buyer Information | Carlos Arcos Escutia and Julia Perez Garcia |
| Buyer’s Occupation | Group Manager |
| Buyer’s Repair Cost | N/A |
| Buyer’s Time in Property | 1 year and 3 months |