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Promissory Note and Security Deed on Real Property

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Promissory Note and Security Deed on Real Property



Minimum Price: $500,000.00


Other Item Info
Item #: ganbke_934916
Created: 07/21/2014
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Seller Info
Betty A. Nappier
Trustee
P. O. Box 1649
Cumming, GA 30028
(770) 529-9371
Bankruptcy Info
Case #: 2:12-bk-23082
Case Title: Craven Properties, LP
Court: Georgia Northern Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of interest(s) in certain unscheduled property of the estate recovered from the transferee, being known as a long term (“10 year wrap around owner financing”) promissory Note and Security Deed reflected in the Amendment, of September 26, 2013, filed in Seller’s related Chapter 11 case of Billy Joe Craven G13- 22210-reb [Doc. No. 25] “Craven”, as “5.76 acres + building, parcel C11026, Jackson County, Georgia, Debtor’s name alone – value of $607,950.52 with a debt of $309,999.96” with a tax value of $551,883.00.


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