Selling Note

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Posted by Denny on October 30, 2008 at 06:30:49:
I am trying to get a game plan together for investing in mobile homes on land. Looking at various scenarios. I am working on a hypothetical situation here and would like some help.
Sold 1978 Doublewide on .92 acres.
Selling Price $55,000.00
Note Face Value $53,500.00 (55,000.00 Less $1,500 Down)
Terms 15 Years @ 12.75%
Payment @ $668.13
If I were to decide to sell this note right after closing, what could I expect to get for it ??

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Re: Selling Notes on Mobile homes & Land Michael Morrongiello 21:19:08 10/31/08 (0)

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