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Updated about 1 month ago on . Most recent reply

User Stats

353
Posts
33
Votes
Dawn Vought
  • Buy and Hold Investor
  • Commack, NY
33
Votes |
353
Posts

DISCOUNTED Birmingham, AL Private Mortgage Note FSBO - >100% Equity

Dawn Vought
  • Buy and Hold Investor
  • Commack, NY
Posted

DISCOUNTED Birmingham, AL Private Mortgage Note For Sale By Owner

Over 100% Equity In House!

Principal: $44,636.66

ARV: $95,100

Interest Rate: 11%

All reasonable offers considered!

30-Year Amortization With 3-Year Balloon Note

Borrower refinanced with us in March 2025.

Has lived in the property since 2013.

4 BD 2 BTH SFR, 2-Story, not a "bungalow" type house

New 2-Story Deck installed in 2025

Additional Information:

Note originated: March 26, 2025
Original Principal Amount: $44,685.78
Current Principal Amount: $44,636.66
Interest Rate: 11%
30-Year Amortization with 3-Year Balloon Payment
PITI = $515.00/month
PI = $425.55/month
Current Escrow Balance: $328.32
Real Estate Taxes (Paid 2024): $480.61

PM To Get the Zillow link that the system would not let me post here or 

PM Any Questions or Offers

Offering
Birmingham, Alabama

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