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SOLD - DEED OF TRUST FOR SALE
As part of a US Federal Bankruptcy case we have been given the opportunity to sell a "Deed of Trust" and "Promisory Note" secured by a home and lot located at 5740 Randleman Street in Fayetteville, NC. This note is an asset of the case and must be sold. We are not selling the real estate but are selling the lien position against that is secured by this property. This note is current and all payments are being made timely.
SOLD FOR $49,000.00
(Sale is subject to US Federal Bankruptcy Court confirmation)
The "Deed of Trust" and "Promisory Note" are described as follows;
An original face principal amount of $65,000.00 dated September 11, 2019 for a (20) year term at 5.25% with a monthly payment of $439.91 per month. The current balance of the note (as of 11/10/21) is $61,389.00 with approximately (18) years remaining on the note.
SEE ATTACHED DOCUMENTATION BELOW UNDER "MAPS AND BROCHURES"
The securing property for the "note is as follows;
COUNTY - Cumberland
CITY - Fayetteville, NC
ADDRESS - 5740 Randleman Street
PARCEL - 0406-72-0330
TOTAL LIVING AREA - 1,174 SF, (3) BBedroom, (2) baths
YEAR - 1993
LOT SIZE - 0.18+/- acres
SUBDIVISION - Beaver Creek
CURRENT ASSESSED VALUE - $91,800.00
TERMS - 10% deposit, balance due upon Court confirmation.