Rental needs updating
| Listing Information | |||
|---|---|---|---|
| Amount: | $25,000.00 | Status: | Loan created |
| Grade: | AA | DTI: | 15% |
| Lender Rate: | 10% | Borrower: | BusyAgent |
| Finished | State: | UT | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | Default | Origination Date: | 2007-12-10 | EricsCC ROI: | -19% |
| Status History | |
|---|---|
| Dec 08, 2007 | Current |
| Sep 25, 2009 | Late |
| Oct 13, 2009 | 1 month late |
| Nov 14, 2009 | 2 months late |
| Dec 11, 2009 | 3 months late |
| Jan 11, 2010 | 4+ months late |
| Jan 12, 2010 | Default |
|
Purpose of loan: I bought this darling home about 4 years ago as a nest egg. Three tenants, 9 kids, 2 cats, and 1 great dane (described as a "poodle" in the lease) later, and now it's kind of a rotten egg. My tenants just moved out (does anyone out there need a 2-story dog house?), and I need a furnace, paint, carpet, and some major feng shui. My financial situation: I'm a psychologist by trade, and have worked at a public mental health agency for over 15 years. I have a steady income and have never had a late payment in my life. I share expenses with my long-term partner. Monthly net income: $ 7,000 Monthly expenses: $ Housing: $ 2,800 Insurance: $ 60 Car expenses: $ 50 (no car payment) Utilities: $ 120 Phone, cable, internet: $ 170 Food, entertainment: $ 300 Clothing, household expenses $ 50 Credit cards and other loans: $ 50 Other expenses: $ |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 227469 | Rental needs updating | AA | $25,000 @ 12% | Nov 06, 2007 | Cancelled |
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