The buyer/borrower began a lease option on August 2022 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 | $157,304 |
| Down Payment | $10,000 + $45,000 work for credit |
| Original Amount Financed | $102,304 |
| Terms and Monthly Payments | 20 years with 9.99% interest rate / $973 monthly payments + taxes and insurance |
| Current Balance of Note | $100,895.66 |
| Payments for Sale | 1-240 |
| Estimated Value of Collateral | $157,304 |
| Property Address | 403 E St, Anderson, SC 29625 |
| Buyer Information | David Emmanuel Bribiesca Negrete and Delsy Xiomara Diaz Juarez |
| Buyer’s Occupation | Tile Installer / Self-employed |
| Buyer’s Repair Cost | $45,000 |
| Buyer’s Time in Property | 3 years and 1 month |