Inquiries about this note from direct investors would be preferred. If you would like to request additional information or make an offer please contact me.
This is a 1st position adjustable rate mortgage note on a residential condominium located at 22 Tulip Ave. Cocoa Beach, FL. The borrower has very good credit and has remained consistent with payments. Discounted prices will be considered (asking price is for the amount of $120,000.00). Additional details are listed below.
Original Selling Price $190,000.00
Down Payment $38,000.00
Original Note Balance $152,000.00
Months/Years Financed 360 months
Interest Rate 5.5% [A.R.M.]
Monthly Payment $863.04
Balloon: No
Date of First Payment 04/01/2005
Remaining Payments 301
Current Balance $140,758.13
Current Appraised Value $130,000.00
Owner Occupied: No [2nd Home]
