How Much Discount on This Note?

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Posted by Mike P on November 05, 2008 at 13:56:09:
How much of a discount would typically be required to sell this note? $55,000 1st loan at 5.5%, 10 year amortization ($596 payment), brand new note, 35% loan to value, borrower put $100,000 cash down. I'm a real estate broker, and my seller client is wondering about what it would cost him to sell this note. I'd really appreciate your help.

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Discount on This Note Michael Morrongiello 23:14:01 11/07/08 (0)

Re: How Much Discount on This Note? Mike P 14:11:13 11/05/08 (1)

Re: How Much Discount on This Note? Tom R 17:56:17 11/06/08 (0)

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