I am a Note Broker, and I have kind of an unusual note for sale. I have contacted most of my existing investors and they aren't wanting to buy it. It really is a pretty good note, but there have been some short payments. If there are any individual investors who might be interested in the note let me know. 503-259-3055

CCM... We all understand the importance and the confidentiality of the note, but you might get a better response if you give a bit more information about the type of note... Good Luck...

Duane

The note is from 9/97 and is now worth almost $800,000. It entails 8 residential homes and 1 duplex (total value a little over $1 million).The terms were payments of the total rent minus $500 for three years then about $5000 for the remaining 27 years with an interest rate of 9%. The problem is the buyer has made several short payments. However the total rental income from the properties exceeds the monthly payments by about $1000. The note was for $630,000 in 1997 but is now at about $800,000 due to interest that hasn't been paid. The contract does state that any unpaid interest will be added on to the balance of the note. I think I could get the seller to take significantly less than $800,000. My usual buyers are worried about the payment history.