On Sale 9/30: Promissory Note & Mortgage Deed Bearing a 6% Interest Rate Per Annum Secured by Real Property in the Original Principal Amount of $30,000!

Item Id: Durazzo01
Case Name: Durazzo, Regina M
Case Number: 15 31651
Trustee:
Starting Minimum Bid: $14,995

Description: Estate’s 100% interest in a Promissory Note bearing a 6.00% interest rate per annum. Further information about the note:

One (1) promissory note secured by one (1) parcel of land located in Guilford, New Haven County, Connecticut. The Amended and Restated Note originated in March 2018 and the entire balance was due and payable on or by August 28, 2018.

The Note further stated that if $25,000 was paid by May 28, 2018, the entire Note would then be considered satisfied

There have been no payments made on the Note.

As of August 6, 2019, the balance remaining to be paid on the Note is $30,000 plus interest of $1,595.62 with a daily per diem of $4.94.

The Trustee is seeking the auction to sell the Note and Mortgage. Based on current information, there is a first mortgage with a principal balance of approximately $59,000, as well as three (30 disputed Citibank judicial liens of approximately $22,000 which were recorded before the first mortgage. The gross value of the real estate based on a comparative market analysis indicates fair market value of the property to be $335,000.

Location Info: The parcel is located at 75 Bittersweet Circle, Lot 27, Guilford, CT 06437. Parcel number/Map Number (also known as Unique ID#) is:

#2079

The property is located at 75 Bittersweet Circle, Lot 27, Guilford, Connecticut 06437

The Note is unpaid.

Liens: We do not know of any other liens (see above on known liens)

Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..