I have several contract for deed notes for sale. These agreements are mostly on newer homes that I built and I feel that they are fairly secure with minimal risk. They yield anywhere from 8 to 10% interest. If you are looking to invest at a higher rate of interest than normally offered by banks or other financial institutions, then this could be an option you might consider. Feel free to contact me if you have any questions. |
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Altamont, IL ASKING PRICE...($78,025.85) 01/01/10 CONTRACT FOR DEED -4 BEDROOM -1 BATH -1,350 SQ. FT. ? -CURRENT VALUE ($80,000.00) -ORIGINAL BAL. ($80,000.00) -DOWN PAYMT. ( $-0- ) -CURRENT..JAN 1ST, 2010....($78,025.85) -MO. PAYMT. ($597.49) -INTEREST RATE FIXED (8.5%) -NOTE ORIGINATED....AUGUST 29, 2005 -BALLOON PAYMT........AUGUST 29, 2010 -OWNER OCCUPIED COMMENTS: Built in October of 1998. Excellent condition! No late payments. Husband and wife have full time jobs and keep their home spotless. |
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Altamont,IL ASKING PRICE...($47,756.36).... 01/01/10 CONTRACT FOR DEED -2 BEDROOM -1 BATH -760 SQ. FT. ? -CURRENT VALUE ($53,000.00) -ORIGINAL BALANCE ($50,000.00) -DOWN PAYMT. ($1,500.00) -CURRENT...JAN. 1ST, 2010.....($47,756.36) -MO. PAYMT. ($380.24) -INTEREST RATE FIXED....9% -NOTE ORIGINATED ....AUGUST 22ND, 2006 -BALLOON PAYMT......AUGUST 22ND 2011 -OWNER OCCUPIED COMMENTS: Home was built July of 2000. Excllent condition. Owners are current on payments. |
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Altamont, IL ASKING PRICE....($67,209.16)...01/01/10 CONTRACT FOR DEED -3 BEDROOM -1 BATH -1,020 SQ. FT. -CURRENT VALUE ($80,000.00) -ORIGINAL BALANCE. ($76,000.00) -DOWN PAYMT. ($5,000.00) -CURRENT...($67,209.16)....JAN, 2010 -MO. PAYMT. ($595.83) -INTEREST RATE FIXED.....9% -NOTE ORIGINATED.....DECEMBER 15TH, 2005 -BALLOON PAYMT......DECEMBER 15TH, 2010 -OWNER OCCUPIED COMMENTS: Built in November of 2005. Excellent condition. On time payments. |
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Altamont, IL ASKING PRICE.........($76,057.36).......01/01/10 CONTRACT FOR DEED -3 BEDROOM -1 BATH -1,156 SQ.FT. CURRENT VALUE ($82,000.00) ORIGINAL BALANCE ($77,000.00) DOWN PAYMENT......($5,000.00) CURRENT.....JAN. 1ST, 2010........($76,057.36) MO. PAYMT......($603.68) INTEREST RATE.....FIXED......9% NOTE ORIGINATED......APRIL 16TH, 2007 BALLOON PAYMT.........APRIL 16TH, 2012 OWNER OCCUPIED COMMENTS: Built in 1999. It has been newly painted with new floor coverings. Excellent condition. |
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Altamont, IL ASKING PRICE........($78,661.62).....1/01/10 CONTRACT FOR DEED -3 BEDRM -1 BATH -972 SQ. FT. -CURRENT VALUE....($82,500.00) -ORIGINAL BALANCE....($79,500.00) -DOWN PAYMT....($3,000.00) -CURRENT.....01/01/10......($78,661.62) -MO. PAYMT.....($623.27) -INTEREST RATE FIXED.....9% -NOTE ORIGINATED.......AUGUST 30th, 2007 -BALLOON PAYMT.....AUGUST 30th, 2012 -OWNER OCCUPIED COMMENTS: Just completed.....it's brand new |
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211 South Bond |
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Altamont, IL ASKING PRICE........($52,662.44).....1/01/10 CONTRACT FOR DEED -3 BEDRM -1 BATH -CURRENT VALUE....($56,000.00) -ORIGINAL BALANCE....($53,000.00) -DOWN PAYMENT....($3,000.00) -CURRENT.....01/01/10......($52,662.44) -MO. PAYMT.....($415.52) -INTEREST RATE FIXED.....9% -NOTE ORIGINATED....JULY 1ST, 2008 -BALLOON PAYMENT.....JULY 1ST, 2013 -OWNER OCCUPIED COMMENTS; Very nice house with roomy back yard. Young couple.....Both have jobs. |
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Altamont, IL ASKING PRICE.......($62,637.30).......01/01/10 CONTRACT FOR DEED -2 BEDRM -1 BATH -2 CAR GARAGE -CURRENT VALUE ($65,000.00) -ORIGINAL BALANCE ($63,000.00) -DOWN PAYMENT......($2,000.00) -CURRENT....JAN. 1ST, 2010.........($62,637.30) -MO. PAYMT.....($493.92) -INTEREST RATE.....FIXED.....9% -NOTE ORIGINATED.....JULY, 2008 -BALLOON PAYMT.....JULY, 2013 -OWNER OCCUPIED COMMENTS: House is in excellent condition. |
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Altamont, IL ASKING PRICE.......($16,652.08)......01/01/10 CONTRACT FOR DEED -3 BEDRM -1 BATH -CURRENT VALUE ($17,000.00) -ORIGINAL BALANCE ($17,000.00) -DOWN PAYMENT........(-0-) -CURRENT.......JAN. 1ST, 2010.......($16,652.08) -MO. PAYMT.....($154.49) -INTEREST RATE.....FIXED.....10% -NOTE ORIGINATED....MAY 1ST, 2008 -BALLOON PAYMT.....MAY 1ST, 2013 -OWNER OCCUPIED COMMENTS: Buyers have remodeled the interior. This house is fully insulated, central air conditioning, forced air gas heat, new roof,..........just needs some cosmetics. Payments are cheap enough!! |
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Altamont, IL ASKING PRICE.......($84,933.94)......10/12/10 CONTRACT FOR DEED -3 BEDRM -1 1/2 BATH -1,156 SQ. FT. -CURRENT VALUE ($85,000.00) -ORIGINAL BALANCE ($85,000.00) -DOWN PAYMENT......($ -0-) -CURRENT......OCT. 12TH, 2010....($84,933.94) -MO. PAYMT.......($634.83) -INTEREST RATE......FIXED......8.5% -NOTE ORIGINATED.....OCT. 12TH, 2009 -BALLOON PAYMT.....OCT. 12TH, 2014 OWNER OCCUPIED COMMENTS: Built in 1995. Excellent condition. Married couple rented this house for a year before buying. Flawless payment history. |
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Altamont, IL ASKING PRICE.......($62,560.00).........01/01/10 CONTRACT FOR DEED -3 BEDRM -1 BATH -BASEMENT -CURRENT VALUE ($66,000.00) -ORIGINAL BALANCE ($63,000.00) -DOWN PAYMENT......($3,000.00) -CURRENT........JAN. 1ST,2010....($62,560.00) -MO. PAYMT......($493.92) -INTEREST RATE......FIXED.....9% -NOTE ORIGINATED.....SEPTEMBER 2ND, 2008 -BALLOON PAYMENT......SEPTEMBER 2ND, 2013 -OWNER OCCUPIED COMMENTS: All brick.....Good condition |
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Altamont, IL ASKING PRICE.......($59,672.02)...........01/01/10 CONTRACT FOR DEED -3 BEDRM -2 BATH -2 CAR GARAGE -CURRENT VALUE ($65,000.00) -ORIGINAL BALANCE ($60,000.00) -DOWN PAYMENT.......($5,000.00) -CURRENT.......JAN. 1ST. 2010.....$59,673.02 -MO. PAYMT.......($470.40) -INTEREST RATE......FIXED........9% -NOTE ORIGINATED.....SEPTEMBER 22ND, 2008 -BALLOON PAYMT......SEPTEMBER 22ND, 2013 -OWNER OCCUPIED COMMENTS: Good condition, Quiet neighborhood |
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Altamont IL ASKING PRICE......($85,369.26)......01/01/10 CONTRACT FOR DEED -3 BEDRM -1 BATH -WOOD DECK -1020 SQ. FT. -CURRENT VALUE ($88,500.00) -ORIGINAL BALANCE ($86,000.00) -DOWN PAYMENT.....($2,000.00) -CURRENT........JAN. 1ST, 2010......($85,369.26) -MO. PAYMT.......($610.84) -INTEREST RATE......FIXED.....8% -NOTE ORIGINATED......SEPTEMBER 23RD, 2008 -BALLOON PAYMENT.......SEPTEMBER 23RD, 2013 -OWNER OCCUPIED COMMENTS: New house, nice subdivision |
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Altamont, IL ASKING PRICE.......($66,354.00)........01/01/10 CONTRACT FOR DEED -3 BEDROOM -1 BATH -CARPORT -CURRENT VALUE ($72,000.00) -ORIGINAL BALANCE ($67,000.00) -DOWN PAYMENT.......($5,000.00) -CURRENT.......JAN. 1ST, 2010.....($66,354.00) -MO. PAYMT.......($525.28) -INTEREST RATE.....FIXED.....9% -NOTE ORIGINATED.......NOVEMBER 4TH, 2008 -BALLOON PAYMENT.....NOVEMBER 4TH, 2013 -OWNER OCCUPIED COMMENTS: Almost new, completely remodeled and updated. |
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Altamont, IL ASKING PRICE...$18,470.11 07/01/10 CONTRACT FOR DEED -3 BEDROOM -1 BATH -CURRENT VALUE ($18,500.00) -ORIGINAL BALANCE (18,500.00) -DOWN PAYMENT ($-0-) -CURRENT........JULY 1ST, 20010......($18,470.11) -MO. PAYMT.......($159.04) -INTEREST RATE.....FIXED.....10% -NOTE ORIGINATED.....JUNE 30, 2009 -BALLOON PAYMENT.....JUNE 30, 2014 -OWNER OCCUPIED COMMENTS: Young couple with a baby. Very happy! Not stressed financially. |
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Altamont, IL ASKING PRICE...($122,878.48) 10/23/10 CONTRACT FOR DEED -3 BEDROOM -2 BATH -1512 SQ. FT. -CURRENT VALUE (130,000.00) -ORIGINAL BAL. ($123,000.00) -DOWN PAYMENT ($5,000.00) -CURRENT..OCT.23, 2010....($122,878.48) -MO. PAYMT. ($829.32) -INTEREST RATE FIXED (7.5%) -NOTE ORIGINATED....(OCT. 23RD, 2009) -BALLOON PAYMT........(OCT. 23RD, 2014) -OWNER OCCUPIED COMMENTS: Brand new house in a nice subdivision. |
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Altamont, IL ASKING PRICE...(85,000.00)...02/12/10 CONTRACT FOR DEED -3 BEDROOM -1BATH -1 CAR GARAGE -CURRENT VALUE ($88,000.00) -ORIGINAL BAL. ($85,000.00) -DOWN PAYMENT ($3,000.00) -CURRENT..FEB.12,2010....($85,000.00) -MO. PAYMT. ($634.83) -INTEREST RATE FIXED (8.5%) -NOTE ORIGINATED....(FEB. 12TH, 2010) -BALLOON PAYMT.......(FEB. 12TH, 2015 -OWNER OCCUPIED COMMENTS: Nice house in nice subdivision. Owners have good jobs and work history. |
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Also,.....If anyone might be interested.......I have a unsecured 10 year note with a balance of $3,446.41. (Jan. 1st,2010). It is at 10% interest with mo. paymts. of $65.08. It was originated on October 24th, 2005. This fellow is vietnam veteran and I have known him for several years. He is a man of his word and always makes his payments early. |
