BETA Testers: Need Info On Paper And Notes For Sale Area

Comments(8)

• 
  nebulousd8th December, 2003

  existing mortgage interest rate.
  (Fixed or ARM)
  
  # of Payments remaining.
  
  [ Edited by nebulousd on Date 12/10/2003 ]

• 
  Rami8th December, 2003

  Please also include date of first payment, date of next payment, position of the note, balloon of any and the amount, what is th enote secured by, down payment, note balance and LTV

• 
  fiafa8th December, 2003

  Could you add info on current estimated value of collateral and what it is based on?
  If it is a note secured by r/e is it owner occupied or rental?
  
  Thanks,
  
  Theresa

• 
  mhvhomebyr8th December, 2003

  I entered info and got back a message saying "Please go back. Some of the required fields are not filled in."
  
  I entered data in all fields except the (optional) fields. I went back and entered in all fields and got the same message again. I tried using both Mozilla and Interenet explorer.

• 
  pmatheson18th December, 2003

  Need to know if a 'Hard Money' Note or does it have 'Purchase Money Protection'? In CA on 1-4 units, if Note is used for the purchase; The Propperty is the sole remedy if forclosed on, there is no Personal Responsibility.

• 
  KFIKSC9th December, 2003

  Another field to add is "are you the direct seller or a broker".

• 
  bpteos10th December, 2003

  This is just some of the information I require when reviewing a note for purchase.
  Position of the Note 1,2,3 etc.
  If not in first position,who is the lender in first position?
  Sales Price
  Downpayment
  Interest rate
  Term of note
  Payment frequency Monthly,quarterly,biannually
  Original balance
  Current balalnce
  # of payment made
  # of payments remaining
  Is there a balloon payment ,if so,for how much and when is it due.
  Are the payments current? If not, how far behind?
  Are property taxes/insurance current
  Credit score of buyer if known.
  Type of property securing the debt?
  Is property O/O or N/OO
  Property address
  Is there a current appraisal on the property?
  If so when was it done.?
  Why do you want to sell the note?
  [ Edited by bpteos on Date 12/10/2003 ]

• 
  joel10th December, 2003

  Perfect. Give me about a month and we should have it up and running. About two weeks we should have a BETA running.
  
  Quote:
  On 2003-12-10 15:17, bpteos wrote:
  This is just some of the information I require when reviewing a note for purchase.
  Position of the Note 1,2,3 etc.
  If not in first position,who is the lender in first position?
  Sales Price
  Downpayment
  Interest rate
  Term of note
  Payment frequency Monthly,quarterly,biannually
  Original balance
  Current balalnce
  # of payment made
  # of payments remaining
  Is there a balloon payment ,if so,for how much and when is it due.
  Are the payments current? If not, how far behind?
  Are property taxes/insurance current
  Credit score of buyer if known.
  Type of property securing the debt?
  Is property O/O or N/OO
  Property address
  Is there a current appraisal on the property?
  If so when was it done.?
  Why do you want to sell the note?
  
  
  <font size=-1>[ Edited by bpteos on Date 12/10/2003 ]</font>