Offered for sale by State Court Receiver appointed by Attorney General and State Securities Board:
Six (6) notes secured by first lien on single-family homes located in multiple Texas cities, some but not all, in DFW area. Face value of total principal portfolio balance is $157,635, with ~8% average contract rate. Tax values for all collateral properties is $416,874 for 264% coverage ratio. All notes performing; all property taxes current.
For more information, please contact Gregory S. Milligan, Receiver at gmilligan@harneypartners.com or (512) 892-0803.
