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Right to Payments on Real Estate Contract
Listing Information
Attachments
Right to Payments on Real Estate Contract
Price: $27,569.33
Other Item Info
Item #: nmbke_146543
Created: 02/20/2017
Category: Business Property > Financial > Other
Sale Date: None Set
Created: 02/20/2017
Category: Business Property > Financial > Other
Sale Date: None Set
Seller Info
Clarke C. Coll
Trustee
PO Box 2288
Roswell, NM 88202
575-623-2288
Trustee
PO Box 2288
Roswell, NM 88202
575-623-2288
Bankruptcy Info
Description
Sale of right to payment on certain real property pursuant to a Real Estate Contract (“REC”) on November 26, 2013 and the REC is being serviced by Mountain States Escrow INC. as Account# XXXXXX6772.
The REC between the Joel and Delia Nunez, as Sellers, and Belisario Omar Jurado Gonzales and Maria R. Jurado (“Jurado”), as Purchasers, was entered into on November 26, 2013 for a purchase price of $66,400.00. Jurado paid $10,000.00 down and the balance is paid in monthly installments of $700.67 plus ½ of escrow company fees. The opening balance of the escrow was $56,400.00 with payments to commence on January of 2014. The balance of the REC accrues interest at 4.5% per annum. Jurado made all monthly payments to current date.
As of February 1,2017, the current balance of the REC is $36,462.05.
Financial Overview
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