calmloki
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Tired of stocks? Looking for 10% return or better? Stack of money burning a hole in your pocket? Got this in the mail today:
"Tranzon Auction Resolutions and Cushman & Wakefield have been retained to act as the financial advisor and broker in the sale of an approximate $3.5 million performing and nonperforming mortgage loan portfolio.
The portfolio comprises approximately 135 loans secured by real property located throughout the Houston, Texas Metropolitan area. The loans are predominantly fifteen and twenty year self-amortizing loans secured by residential real property. The weighted average interest rate for the entire portfolio is 11.12% and the weighted average remaining term is 98 months.
It is currently contemplated that there will be two pools. Bidders may bid on individual pools or the entire portfolio.
These figures will be updated to reflect current values as of January 31, 2009".
Feel free to have at it - i won't be bidding, as board members have scared me off from Texas. and i prefer a 60 month or shorter term. and i'm busy selling a rental house. Oh, and i don't have that kind of moola.
"Tranzon Auction Resolutions and Cushman & Wakefield have been retained to act as the financial advisor and broker in the sale of an approximate $3.5 million performing and nonperforming mortgage loan portfolio.
The portfolio comprises approximately 135 loans secured by real property located throughout the Houston, Texas Metropolitan area. The loans are predominantly fifteen and twenty year self-amortizing loans secured by residential real property. The weighted average interest rate for the entire portfolio is 11.12% and the weighted average remaining term is 98 months.
It is currently contemplated that there will be two pools. Bidders may bid on individual pools or the entire portfolio.
These figures will be updated to reflect current values as of January 31, 2009".
Feel free to have at it - i won't be bidding, as board members have scared me off from Texas. and i prefer a 60 month or shorter term. and i'm busy selling a rental house. Oh, and i don't have that kind of moola.