Posted by Randy on July 21, 2003 at 14:10:24:
The answer to your question depends on several factors. The buyer?s credit, the yield of the note (interest rate charged and discount), the value of the security underlying the note just to name a few. Generally if your buyer has good credit and the property appraised for $158k that note would net you $148k cash at closing. Email me directly if you want more info.