Finish Home Improvement Projects
| Listing Information | |||
|---|---|---|---|
| Amount: | $24,500.00 | Status: | Loan created |
| Grade: | A | DTI: | 27% |
| Lender Rate: | 14% | Borrower: | rancheska |
| Finished | State: | WA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Paid | Origination Date: | 2007-10-23 | EricsCC ROI: | 13% |
| Status History | |
|---|---|
| Oct 23, 2007 | Current |
| Dec 03, 2008 | Payoff in progress |
| Dec 11, 2008 | Paid |
|
Thank's to all who bid on previous listing. I have revised and added information. Purpose of loan: To finish/complete remodel projects (too much late night HGTV) and within the next 3-4 months put condo on market. My financial situation: I purchased condo in downtown Seattle/Belltown 13 years ago for $125K current market value $435K. Should net after paying off ALL debt approx. $175K. Would reinvest in a property in Nashville in support of my niece following her dream of becoming a country/rock performer. More information and link to sample her music in member profile. You may be curious regarding high revolving debt. I work for an airline, one of the outstanding benefits beside the obvious of travel is flexibility. I have held my real estate license for the last 8 years. Most of the revolving credit debt was to pay for realtor business expense at $25K-$30K annually. Early on in career eager to be a success I signed up for a $20K marketing program, the company went bankrupt and I am still liable to pay back the $20K investment OUCH!!! I have $3,000 remaining of that painful lesson/obligation. For the last 2 years I have placed my license with another office reducing expenses considerably and work only with past clients or referrals as the opportunity/need arises. I am working a full schedule with bonus hours @ time and half and double time and also have a couple of real estate transactions in process. Monthly net income: $ 5,500 Monthly expenses: $ 4,100 I feel I am a good candidate for this loan due to my 29 year employment history, my strong work ethic and commitment to my obligations. I have been investing in a retirement and 401K plan with company match since day one and have a substantial sum available. Thank you for consideration. |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 212556 | Time for remodel/home makeover | A | $25,000 @ 14% | Oct 08, 2007 | Withdrawn |
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