Must Sell Homes.

• Original Purchase price $338,342.14 on 3-15-2006. (Many upgrades)
• Balance owed on property approx $280,000 4-02-2008
• Minimum payment each month $1100.86 Neg amorization, before taxes and insurance
  Interest rate 7.75%
  Interest only payment $1776.17
• Taxes 2007 = $3884.04
• Presently leased for $1600 per month
• Asking $300,000