Wednesday, April 23, 2008
Motivated Seller in Burlingame
1b/1b
List Price - $565k
Bought for $485k in 2005 with $0 down, this seller is motivated and probably just trying to get out. I think Burlingame has held its value so far, so my guess is that this seller will be fine (unless it was a pay-option mortgage maybe...)
Sale amount $485,000
1st party Guellert,Thomas E
2nd party Sweis,Joseph N
Owner address 530 El Camino Real
Burlingame, CA
94010
Lender # 1 Cit Group/Consumer Finance Inc
Loan amount # 1 $388,000
Rate type # 1 Variable
Lender # 2 Cit Group/Consumer Finance Inc
Loan amount # 2 $97,000
Rate type # 2 Fixed
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