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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: WARD: Bought the Jr., how do I calculate what's owed? Posted by steve on July 19, 2003 at 12:24 AM In Reply to: WARD: Bought the Jr., how do I calculate what's owed? posted by a Polish guy from L.A. on July 19, 2003 at 10:16 AM take a look at the terms contained in the note when you bought the note - the former beneficiary should have given you a statement of account use the info from those two sources and an amortization schedulde to figure out what is owed if you get lost - you could probably ask a CPA or even the ecrow companies can help good luck steve : Ward, : I successfully purchased a 2nd TD in Oct. '02. The : balance on it was $19,000. I bought it for $6,000. : This was my first deal. : Now the house is in escrow. (Booya) : Is there a "basic" calculation method that you use to : come up with a Total Due on this? : Escrow is asking for a payoff. : Thanks in advance for any help. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : take a look at the terms contained in the note : when you bought the note - the former beneficiary should have given you a statement of account : use the info from those two sources and an amortization schedulde to figure out what is owed : if you get lost - you could probably ask a CPA or even the ecrow companies can help : good luck : steve : : : Ward, : : I successfully purchased a 2nd TD in Oct. '02. The : : balance on it was $19,000. I bought it for $6,000. : : This was my first deal. : : Now the house is in escrow. (Booya) : : Is there a "basic" calculation method that you use to : : come up with a Total Due on this? : : Escrow is asking for a payoff. : : Thanks in advance for any help. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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