Skip to content
Tax Liens & Mortgage Notes

User Stats

22
Posts
2
Votes
Christopher Kelly
  • Residential Real Estate Agent
  • Las Cruces, NM
2
Votes |
22
Posts

How do you determine the selling price of a performing note?

Christopher Kelly
  • Residential Real Estate Agent
  • Las Cruces, NM
Posted Jan 18 2016, 12:50

What would be a fair value for this note? Original loan amount $106,000, 15 years, 8% interest. Perfect payment history of 31 payments since originated 6/30/13. 3000 square foot home/business located on highway 395 in Red Mountain, California. Zoned res/com. Current balance is $95,489 and has 149 remaining payments.

Loading replies...