Property Description:
The buyer/borrower began a lease option on August 2022 and has made all payments on-time. We are now converting to a long term seller-financed contract for deed/bond for title. The deed may be transferred as well if the note buyer prefers this.
Original Sales Price: $157,304
Down Payment: $10,000 + $45,000 work for credit
Original Amount Financed: $102,304
Terms and Monthly Payments: 20 years with 9.99% interest rate / $973 monthly payments + taxes and insurance
Current Balance of Note: $100,895.66
Payments for Sale: 1-240
Estimated Value of Collateral: $157,304
Property Address: 403 E St, Anderson, SC 29625
Buyer Information: David Emmanuel Bribiesca Negrete and Delsy Xiomara Diaz Juarez
Buyer’s Occupation: Tile Installer / Self-employed
Buyer’s Repair Cost: $45,000
Buyer’s Time in Property: 3 years and 1 month