Re-Performing Note in Indiana for sale

Kendallville, IN

Re-Performing Note for Sale in Kendallville IN. Ironside Investments purchased this note in October 2017. We came to an agreement in December for the borrower to make all the back payments in January which they promptly did. This borrower has steadily been making payments since January and desperately wants to remain in their home. This is a 4 bedroom 1 bathroom home boasting 1876 sq feet near the fairgrounds in Kendallville, IN.

 

Original Loan Amount: $ 42,700.00 Loan Origination Date: 12/09/2013 First Payment Due Date: 01/01/2014 Last Payment Date: 9/27/2018 Current Loan Balance: $ 41,802.77 Current Interest Rate: 9.900% Current P&I Payment:$ 371.57 Current Escrow Payment:$ 30.43 Maturity Date:12/01/2043 Term Remaining: 302 Loan Type :CFD FMV: $87,500 Asking Price: $37,500 Make an offer