Performing Note for Sale.

[Marques Hardin]

SFR 3/1, great condition, great owners, has paid on time for the past 8 months of having the loan. Sold for 60K, $8500 down payment, original note: 4.5%, 96 months, $51,500 amount owed $47,879, 88 months left or $56,232 worth of payments left.

Address: 3200 Herbert Dr., Montgomery, AL 36116 - Selling the note to purchase a multi-family opportunity.  Sell the note for $41K.  Contract for Deed registered with the state of Alabama.  Loan Servicing by Camelot Properties.   Strong cash flow for the next 88 months. 

Please let me know if you are interested.  

Thank you!

[Jerry W.]

@Marques Hardin then what you are selling is a contract, not a note.  Those 2 are mutually exclusive.  In some ways that makes your contract worth more and in some ways it is worth less.  It is vastly easier to get a property back under a contract for deed violation than a mortgage, but you cannot get a deficiency judgement with a contract for deed.  In my opinion it would increase the value a tiny bit.