Real Estate Investing Discussion Forums - Free Coaching: Attn: Note Buyers - Selling Note In Santa Clara, Ca - Real Estate Investing Discussion Forums - Free Coaching

Jump to content

Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic

Attn: Note Buyers - Selling Note In Santa Clara, Ca

#1 User is offline   eryanhomes 

  • New Member
  • PM this member
  • Group: Members
  • Posts: 2
  • Joined: 16-April 08
  • City:Torrance
  • State:CA


  • Level:New Investor

  • Occupation: Real Estate Investor

  • Target Markets: Southbay area, California

  • Niche: currently short sales

Posted 17 April 2008 - 12:04 AM

Selling Note in Santa Clara, CA

--------------------------------------------------------------------------------

Offering a Note, backed by rental car business and body shop with net worth of 2 million + (Santa Clara, CA).

Promissory Note Amount; $ 475,000
Principal Balance Amount; $ 449,385

6 % Annual interest, ending payment on 2014

Seller only asking $135,000 Cash out.

Great opportunity, contact Sally @ eryanhomes@gmail.com or 310.926.4867 for more details!

This is NOT a listing for a property. This is a listing for a Promissory Note.
0

#2 User is offline   jolllyroger 

  • New Member
  • PM this member
  • Group: Members
  • Posts: 2
  • Joined: 01-July 08
  • City:Oroville
  • State:California


  • Level:Wannabe

  • Hobbies: Radio Controll aircraft, Windsurfing, Sailing, Metal working and machining

  • Occupation: Investor/Real Estate Agent

  • Target Markets: lower 48

  • Pets: I have a miniature Pinscher

  • Nike..........

  • Niche: Notes, Flips, etc...etc

Posted 01 July 2008 - 11:32 AM

Tell me more about this note.
How long has it been seasoned?
Address and names of businesses?
Are you set on your asking price or is there some wiggle room there if needed?
0

#3 User is offline   zzacbec 

  • Dealmaker Contributor
  • PipPipPip
  • PM this member
  • Group: Dealmakers
  • Posts: 793
  • Joined: 28-October 02


  • Level:Part-time Investor

  • Occupation: Loan Officer / Investor

Posted 07 November 2008 - 05:39 PM

I'm interested...

-what is the current value of the home
-is it a first pos note?
-is it an IO payment with a balloon in 2014?
-what condition is the property?
-what is the payment history?
-how long is it seasoned?

thanks

zac
0

Share this topic:


Page 1 of 1
  • You cannot start a new topic
  • You cannot reply to this topic