Inspection Company

| Listing Information | |||
|---|---|---|---|
| Amount: | $20,000.00 | Status: | Loan created |
| Grade: | A | DTI: | 76% |
| Lender Rate: | 20% | Borrower: | libby76 |
| Finished | State: | GA | |
| Funded: | 100% | Group: | (No Group) |
| Loan Information | |||||
|---|---|---|---|---|---|
| Loan Status: | 3 months late | Origination Date: | 2008-02-06 | EricsCC ROI: | -49% |
| Status History | |
|---|---|
| Feb 05, 2008 | Current |
| Oct 22, 2008 | Late |
| Nov 07, 2008 | 1 month late |
| Dec 07, 2008 | 2 months late |
| Jan 07, 2009 | 3 months late |
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Purpose of loan: This loan will be used to help me acquire a Home Inspection Business. Currently I own a Real Estate Appraisal Business that has done very well over the past 3 years. It has always been my dream to have a "One Stop Shop" for home buyers, investors, builders, etc. and this acquisition will bring me another step closer to accomplishing my goals.The company I wish to purchase is currently owned by a business acquaintance of mine, and is very well established. The current owner is simply looking to retire to enjoy his "golden years". He has offered his company to me solely, and does not desire to sell to any other entity and/or individual. My financial situation: I am a good candidate for this loan because I am a successful business woman with the knowledge, drive and desire to make any business associated with the real estate industry prosper. |
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