Non performing loan for Sale 1st position Loan. My company is a premier marketplace for buyers and sellers of real estate mortgage notes in southern California. Shopping center in the heart of Hollywood Los Angeles, CA. For more information please contact Jordi Bertloom jordi.jrealtor@gmail.com

Posted: 12/23/2021 7:46 am | On HOMEiZ: 847 days | Updated: 2 years ago | Views: 1452

Location Map

Property Type

Property status

Sold

Property Location & Description

Listing Headline

Non performing loan for Sale 1st position Loan. My company is a premier marketplace for buyers and sellers of real estate mortgage notes in southern California. Shopping center in the heart of Hollywood Los Angeles, CA. For more information please contact Jordi Bertloom jordi.jrealtor@gmail.com

Property Description

please contact Jordi Bertloom jordi.jrealtor@gmail.com

Location Description

Heart of Hollywood Los Angeles, CA.

Terms & Conditions

Buyer should contact me via email. Buyer should sign LOI and NDA and send proof of funds. Buyer has 3 days DD and 48 hours all cash closing.

Note

Source of Note

Direct from banks

Note Information

Loan Overview

Asking price

$ Undisclosed price

Contact for price

Loan Status

Non Performing

Original Loan amount

$18000000

Current Balance

$11000000

Amount in Default

$11000000

Amount to cure default

$11000000

Loan/Lien Possession

First

Loan interest rate %

5.2%

Loan Type

Commercial

Loan issued date

09/12/2017

Loan Maturity date

09/12/2024

Borrower overview

Borrower Name or Entity

Undisclosed

Bankruptcy

Borrower signed forbearance agreement

Yes

Borrower will consider signing Deed in lieu of foreclosure

Yes

More information

MLS URL of this listing to link to your own site or brokerage site

Listing Info

Listing ID: 2993

Sold

For Sale

Price Undisclosed

Listing Presented by

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

. Hollywood , CA 90028