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Updated almost 7 years ago on . Most recent reply

User Stats

108
Posts
19
Votes
William M.
  • High Point, NC
19
Votes |
108
Posts

Deal Machine App: Mortgage Information Accuracy

William M.
  • High Point, NC
Posted

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

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