Financing
Content
Seller Information Seller Name:
Daniel Cavazos
Real Estate Attorney:
Loren W. Peters 6800 Park Ten Blvd #219N, San Antonio, TX 78213 (210) 734-9024
Seller’s Address
11082 Kimes Park Dr, San Antonio, TX 78249
Seller’s Phone Number:
(210) 486-7077 Loan Information
Purchase Price
$139,900
Loan Amount
$129,900
Down Payment
$10,000
Interest Rate
10%
Term in Months:
60
Maturity Date:
May 2019
Monthly Loan Payment:
$1132.07 Loan Summary
This price of this home is $139,900. We are putting $10,000 down, leaving us with a loan amount of $129,900. Because we do not have a significant down payment to put down on this investment property, seller financing provides the best option for us. In this deal we have 60 months’ worth of loan payments at $1132.07 a month. At the end of 5 years, or 60 months (May 2019) we will have a balloon payment. At that time we will have the option to pay off the remaining amortized balance of the loan, $125,355.49 or refinance the home.
Seller Information Seller’s Name:
Raymundo and Maribell Troche
Real Estate Attorney
Aric Garza 115 E Travis St #1039, San Antonio, TX 78205 (210) 225-2961
Seller’s Address:
11086 Kimes Park Dr., San Antonio, TX 78249
Seller’s Phone Number:
(210) 599-4820 Loan Information
Purchase Price
$152,000
Loan Amount
$137,000
Down Payment
$15,000
Interest Rate
8%
Term in Months:
84 months
Maturity Date:
May 2021
Monthly Loan Payment:
$1005.26 Loan Summary
This price of this home is $152,000. We are putting $15,000 down, leaving us with a loan amount of $137,000. Because we do not have sufficient funds to put down on this investment property, seller financing provides the best option for us. In this deal we have 84 months’ worth of loan payments at $1005.26 a month. At the end of 7 years, or 84 months (May 2021) we will have a balloon payment. At that time we will have the option to pay off the remaining balance of the loan, $126,533.45, or refinance the home. This option offers us immediate ownership, which would allow us to draw income off of our investment as soon as possible. Additionally, we get the opportunity to own the home for 7 years, which would allow us to earn greater profits and give us a better financial outlook whether we choose to buy the home outright, or refinance at the time of the balloon.
Seller Information Seller Name:
Jimmie and Delma Neff
Real Estate Attorney:
Gloria Yates 2002 NW Military HWY #3, San Antonio, TX 78213 (210) 824-3600
Seller’s Address:
7811 Aspen Park Dr., San Antonio, TX 78249
Seller’s Phone Number:
(210) 366-5478 Loan Information
Purchase Price:
$154,000
Loan Amount
$139,000
Down Payment
$15,000
Interest Rate
9%
Term in Months:
72
Maturity Date:
May 2020
Monthly Loan Payment:
$1118.43 Loan Summary
This is going to be a seller finance loan. The price of the home is $154,000, and we are putting $15,000 down. The loan amount is $139,000. This is a seller finance with a term of 72 months amortized by a 30 year calculation, with a balloon payment due and payable at the end of the 72 months, (May 2020). At the time of the balloon, we will have the option to pay the remainder of the loan, $131,656.32 or refinance.
Daniel Cavazos
Real Estate Attorney:
Loren W. Peters 6800 Park Ten Blvd #219N, San Antonio, TX 78213 (210) 734-9024
Seller’s Address
11082 Kimes Park Dr, San Antonio, TX 78249
Seller’s Phone Number:
(210) 486-7077 Loan Information
Purchase Price
$139,900
Loan Amount
$129,900
Down Payment
$10,000
Interest Rate
10%
Term in Months:
60
Maturity Date:
May 2019
Monthly Loan Payment:
$1132.07 Loan Summary
This price of this home is $139,900. We are putting $10,000 down, leaving us with a loan amount of $129,900. Because we do not have a significant down payment to put down on this investment property, seller financing provides the best option for us. In this deal we have 60 months’ worth of loan payments at $1132.07 a month. At the end of 5 years, or 60 months (May 2019) we will have a balloon payment. At that time we will have the option to pay off the remaining amortized balance of the loan, $125,355.49 or refinance the home.
Seller Information Seller’s Name:
Raymundo and Maribell Troche
Real Estate Attorney
Aric Garza 115 E Travis St #1039, San Antonio, TX 78205 (210) 225-2961
Seller’s Address:
11086 Kimes Park Dr., San Antonio, TX 78249
Seller’s Phone Number:
(210) 599-4820 Loan Information
Purchase Price
$152,000
Loan Amount
$137,000
Down Payment
$15,000
Interest Rate
8%
Term in Months:
84 months
Maturity Date:
May 2021
Monthly Loan Payment:
$1005.26 Loan Summary
This price of this home is $152,000. We are putting $15,000 down, leaving us with a loan amount of $137,000. Because we do not have sufficient funds to put down on this investment property, seller financing provides the best option for us. In this deal we have 84 months’ worth of loan payments at $1005.26 a month. At the end of 7 years, or 84 months (May 2021) we will have a balloon payment. At that time we will have the option to pay off the remaining balance of the loan, $126,533.45, or refinance the home. This option offers us immediate ownership, which would allow us to draw income off of our investment as soon as possible. Additionally, we get the opportunity to own the home for 7 years, which would allow us to earn greater profits and give us a better financial outlook whether we choose to buy the home outright, or refinance at the time of the balloon.
Seller Information Seller Name:
Jimmie and Delma Neff
Real Estate Attorney:
Gloria Yates 2002 NW Military HWY #3, San Antonio, TX 78213 (210) 824-3600
Seller’s Address:
7811 Aspen Park Dr., San Antonio, TX 78249
Seller’s Phone Number:
(210) 366-5478 Loan Information
Purchase Price:
$154,000
Loan Amount
$139,000
Down Payment
$15,000
Interest Rate
9%
Term in Months:
72
Maturity Date:
May 2020
Monthly Loan Payment:
$1118.43 Loan Summary
This is going to be a seller finance loan. The price of the home is $154,000, and we are putting $15,000 down. The loan amount is $139,000. This is a seller finance with a term of 72 months amortized by a 30 year calculation, with a balloon payment due and payable at the end of the 72 months, (May 2020). At the time of the balloon, we will have the option to pay the remainder of the loan, $131,656.32 or refinance.
