Item Id: Guiness01
Case Name: Guiness, Steven & Ronna L
Case Number: 10 85943
Trustee:
Starting Minimum Bid: $27,500
Description: Estate’s 100% interest in a 5.00% Secure Promissory Note bearing a 5.00% interest rate per annum. Further informatin about the note:
One (1) promissory notes secured by one (1) parcels of land located near Canton, Cherokee County, Georgia. The note originated in May 2010 and the entire balance is due and payable on or by April 2035. Payments on the Note have been fairly consistent but are currently 5-6 months behind in arrears
As of December 2017, the balance remaining to be paid on the Note will be $77,158.44 plus any arrearages.
The Note requires monthly payments in the amount of $555.36 with all unpaid interest principal and accrued interest due and payable on or before 4/1/2035
The Estate has been receiving interest payments since the filing to benefit creditors. The Trustee has been servicing the Note
Payment history to be provided shortly and will be linked once the auction commences.
Location Info: The parcel are located in Cherokee County, Georgia. Parcel number/Map Number is:
22N10 027 A
The property is located at 4445 Fincher Road, Canton, GA 30114. We believe the property to be owner occupied
Past and current payments from the Note have been made directly to the Trustee who, in turn. Once the promissory note is sold, and after the highest bid amount has been paid by certified funds to BKAssets.com, any future payments will be redirected to the new owner of the note. There shall be no claim by the buyer to any prior to any prior payments received by the Trustee in any circumstance
Liens: We do not know of any other liens
*Picture is of general area, not representative of actual property.*
Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..