subject to help on deal - Posted by T.K

Posted by GregNY on February 14, 2002 at 17:58:19:

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subject to help on deal - Posted by T.K

Posted by T.K on February 13, 2002 at 16:35:38:

Here are the details:

Original loan: 230,000
Current Balance: 3,000
interest rate : 10.5%
Monthly Pi: 2,000
Annual taxes 4,000
insurance: 400

Is this a workable deal? I know he has to refinance to get his equity out of the house. Where do i go from here? Thanks.

Re: subject to help on deal - Posted by Michael

Posted by Michael on February 13, 2002 at 19:24:34:

Current balance on the loan is $3000 and the PI is $2000. Is this correct?

Michael, KY.

Re: subject to help on deal - Posted by T.K

Posted by T.K on February 13, 2002 at 23:39:27:

Yes according to the seller. He wants to move and he wants to move now. I told him I would get back to him on what I am able or not able to do for him. Is there anything here? Of course you can tell I am newbie.