September 16, 2014

Sold: Stipulated Judgement of an Agreement of Purchase and Sale in the Amount of $54,859.00!

Item Id: Largaespada01
Case Name: Largaespada, Maria I
Case Number: 13 63133
Trustee:
Starting Minimum Bid: $15,000

See Link below to Auction-
https://www.bkassets.com/auctions/?ult_auc_id=1803

Description: Estate’s Interest in an Agreement of Purchase and Sale in the amount of $54,859 at 5.82% annum. A Stipulated General Judgement (Dissolution of Marriage) filed and ordered 4/13/2011 in the Circuit Court of the State of Oregon for Jackson County.

The debtor sold real property known as LongSword Vineyard, Jacksonville, Jackson County, Oregon to respondent Matthew Sorensen for the purchase price of $54,859 at 5.82% annum. The Stipulated Judgement mandated the purchase price shall be payable as follows: Monthly payment of $478.19 over 14 years. Monthly payments due the 18th of each month, the first first of such payments was due 4/18/2011. An additional balloon payment of $39,219 is due 12/1/2016.

Payments from the respondent are $478.19 monthly and the estate has received 12 payments totaling $5,733.28 (last payment on 8/22/2014). Also a lump sum payment was received 2/3/2014 in the amount of $3,067.56. Payments were also being received by the debtor prior to the bankruptcy filing. The last known remaining balance prior to bankruptcy was approximately $49,686.90 in June 2013.

Click here to view documents: docs for listing – Largaespada

Liens: We do not know of any liens.

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