Deal Machine App: Mortgage Information Accuracy
I'd like to know if the Mortgage Information on the app is accurate? I am trying to find the remaining balance on a property that is in pre-forclosure. Is the number under the "Mortgage amount" the remaining balance? The property was originally purchased in 2004 for $173,500. Here is how it appears on the app:
Mortgage Information ^
Equity percent:
48%
Mortgage amount: Mortgage term:
$93,000 0 year
Lender name:
First Horizon Hm Ln
Assessed value:
$178,800