Hello from Austin!
I hope you’re doing well in Panama!
If you know anyone who might be interested in this non-performing note, will you please forward it? Someone could probably take it and run with it…
Take care,
♥
4125 EASTER AVE.
Dallas, TX 75216
This is a distressed note that is ready for possible foreclosure.
THE NOTE
Current balance: $44,044.62
Sale price of the property: $61,500
Down payment: $1,500
Note amount: $60,000
Date of sale: Mar 29, 2014
Term: 20 years
Interest: 9%
First payment: May 1st, 2014
Total monthly payment: $694.84
Principal and interest: $539.84
Tax escrow: $75
Insurance escrow: $80
(These have never been updated)
Owners:
LeRoy Price
Oletha Cary
Mortgagee:
Laura Akers, Sterling Jarvis, Inc.
THE HOUSE
Estimated value:
Zillow – $128,000
Redfin – $108,000
Tax assessment – $70,000
The house is owner occupied.
Built 1945
1,248 sq. ft.
3 bedrooms
2 bathrooms
2 stories
Pier and beam
Frame
Central heat and air
Very big lot with concrete slab in the back.
CONDITIONS
Outstanding taxes $3758.86 will be paid by the note buyer.
Insurance will be secured for the Owners by the note buyer.
Legal work will be the expense of the note buyer.
Title company and closing costs will be the expense of the note buyer.
OFFERS
Please email inquiries and offers to Laura Akers at [email protected]
Please make offers that include the expenses listed in the conditions above.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services
Respectfully,
Laura Akers
REALTOR®
512.435.9775