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I have several contract for deed notes for sale. These agreements are mostly on newer homes that I built and I feel that they are fairly secure with minimal risk. They yield anywhere from 8 to 10% interest. If you are looking to invest at a higher rate of interest than normally offered by banks or other financial institutions, then this could be an option you might consider. Feel free to contact me if you have any questions.

601 West Elm St.
Altamont, IL

ASKING PRICE...($78,973.75)   01/01/08
CONTRACT FOR DEED
-4 BEDROOM
-1 BATH
-1,350 SQ. FT. ?
-CURRENT VALUE ($80,000.00)
-ORIGINAL BAL. ($80,000.00)
-DOWN PAYMT. ( $-0- )
-CURRENT..JAN 1ST, 2008....($78,973.75)
-MO. PAYMT.   ($597.49)
-INTEREST RATE FIXED   (8.5%)
-NOTE ORIGINATED....AUGUST 29, 2005
-BALLOON PAYMT........AUGUST 29, 2010
-OWNER OCCUPIED

COMMENTS:
Built in October of 1998. Excellent condition! No late payments. Husband and wife have full time jobs and keep their home spotless.

401 North 10th
Altamont,IL

ASKING PRICE...($48,220.77).... 01/01/08
CONTRACT FOR DEED
-2 BEDROOM
-1 BATH
-760 SQ. FT. ?
-CURRENT VALUE ($53,000.00)
-ORIGINAL BALANCE   ($50,000.00)
-DOWN PAYMT.   ($1,500.00)
-CURRENT...JAN. 1ST, 2008.....($48,220.77)
-MO. PAYMT.    ($380.24)
-INTEREST RATE FIXED....9%
-NOTE ORIGINATED ....AUGUST 22ND, 2006
-BALLOON PAYMT......AUGUST 22ND 2011
-OWNER OCCUPIED

COMMENTS:
Home was built July of 2000. Excllent condition. Owners are current on payments.

309 North 10th
Altamont, IL

ASKING PRICE....($69,198.22)...01/01/08
CONTRACT FOR DEED
-3 BEDROOM
-1 BATH
-1,020 SQ. FT.
-CURRENT VALUE   ($80,000.00)
-ORIGINAL BALANCE.   ($76,000.00)
-DOWN PAYMT.     ($5,000.00)
-CURRENT...($69,198.22)....JAN, 2008
-MO. PAYMT.   ($595.83)
-INTEREST RATE FIXED.....9%
-NOTE ORIGINATED.....DECEMBER 15TH, 2005
-BALLOON PAYMT......DECEMBER 15TH, 2010
-OWNER OCCUPIED

COMMENTS:
Built in November of 2005. Excellent condition. On time payments.

600 West Elm
Altamont, IL

ASKING PRICE.........($76,785.03).......01/01/08
CONTRACT FOR DEED
-3 BEDROOM
-1 BATH
-1,156 SQ.FT.
CURRENT VALUE ($82,000.00)
ORIGINAL BALANCE ($77,000.00)
DOWN PAYMENT......($5,000.00)
CURRENT.....JAN. 1ST, 2008..........($76,785.03)
MO. PAYMT......($603.68)
INTEREST RATE.....FIXED......9%
NOTE ORIGINATED......APRIL 16TH, 2007
BALLOON PAYMT.........APRIL 16TH, 2012
OWNER OCCUPIED

COMMENTS:

Built in 1999. It has been newly painted with new floor coverings. Excellent condition.

111 North St. Clair
Altamont, IL

ASKING PRICE........($79,390.70).....10/01/08
CONTRACT FOR DEED
-3 BEDRM
-1 BATH
-972 SQ. FT.
-CURRENT VALUE....($82,500.00)
-ORIGINAL BALANCE....($79,500.00)
-DOWN PAYMT....($3,000.00)
-CURRENT.....01/01/08......($79,390.70)
-MO. PAYMT.....($623.27)
-INTEREST RATE FIXED.....9%
-NOTE ORIGINATED.......AUGUST 30th, 2007
-BALLOON PAYMT.....AUGUST 30th, 2012
-OWNER OCCUPIED

COMMENTS:

Just completed.....it's brand new

211 South Bond
Altamont, IL

ASKING PRICE.......($76,939.53)......01/01/2008
CONTRACT FOR DEED
-3 BEDROOM
-1 BATH
-1,020 SQ. FT.
-CURRENT VALUE ($82,000.00)
-ORIGINAL BALANCE ($77,000.00)
-DOWN PAYMENT......($5,000.00)
-CURRENT....JAN.1ST 2008.........($76,939.53)
-MO. PAYMT.....($538.47)
-INTEREST RATE.....FIXED.....9%
-NOTE ORIGINATED....OCTOBER 22ND , 2007
-BALLOON PAYMENT...OCTOBER 22ND, 2012

COMMENTS:
Brand new house with established trees and a storage shed in the back.

107 South 4th
Altamont, IL

ASKING PRICE........(53,000.00).....7/01/08
CONTRACT FOR DEED
-3 BEDRM
-1 BATH
-CURRENT VALUE....($56,000.00)
-ORIGINAL BALANCE....($53,000.00)
-DOWN PAYMENT....($3,000.00)
-CURRENT.....07/01/08......($53,000.00)
-MO. PAYMT.....($415.52)
-INTEREST RATE FIXED.....9%
-NOTE ORIGINATED....JULY 1ST, 2008
-BALLOON PAYMENT.....JULY 1ST, 2013
-OWNER OCCUPIED

COMMENTS;

Very nice house with roomy back yard. Young couple.....Both have jobs.

103 South Bond
Altamont, IL

ASKING PRICE.......($63,000.00).......07/01/08
CONTRACT FOR DEED
-2 BEDRM
-1 BATH
-2 CAR GARAGE
-CURRENT VALUE ($65,000.00)
-ORIGINAL BALANCE ($63,000.00)
-DOWN PAYMENT......($2,000.00)
-CURRENT....JULY 1ST, 2008.........($63,000.00)
-MO. PAYMT.....($493.92)
-INTEREST RATE.....FIXED.....9%
-NOTE ORIGINATED.....JULY, 2008
-BALLOON PAYMT.....JULY, 2013
-OWNER OCCUPIED

COMMENTS:

House is in excellent condition.

503 North St. Clair
Altamont, IL

ASKING PRICE.......($17,000.00)......05/01/08
CONTRACT FOR DEED
-3 BEDRM
-1 BATH
-CURRENT VALUE ($17,000.00)
-ORIGINAL BALANCE ($17,000.00)
-DOWN PAYMENT........(-0-)
-CURRENT.......JULY 1ST, 2008.........($17,000.00)
-MO. PAYMT.....($154.49)
-INTEREST RATE.....FIXED.....10%
-NOTE ORIGINATED....MAY 1ST, 2008
-BALLOON PAYMT.....MAY 1ST, 2013
-OWNER OCCUPIED

COMMENTS:

Buyers have remodeled the interior. This house is fully insulated, central air conditioning, forced air gas heat, new roof,..........just needs some cosmetics. Payments are cheap enough!!

703 West Jackson
Altamont, IL

ASKING PRICE.......($80,000.00)......08/01/08
CONTRACT FOR DEED
-3 BEDRM
-1 BATH
-1,020 SQ. FT.
-CURRENT VALUE ($85,000.00)
-ORIGINAL BALANCE ($80,000.00)
-DOWN PAYMENT......($5,000.00)
-CURRENT.......AUGUST 1ST, 2008........($80,000.00)
-MO. PAYMT.......($627.50)
-INTEREST RATE......FIXED......9%
-NOTE ORIGINATED.....JULY 27TH, 2008
-BALLOON PAYMT.....JULY 27TH, 2013
OWNER OCCUPIED

COMMENTS:

Newer house built in 2002. Excellent condition.

207 South Main
Altamont, IL

ASKING PRICE.......($63,000.00).........09/02/08
CONTRACT FOR DEED
-3 BEDRM
-1 BATH
-BASEMENT
-CURRENT VALUE ($66,000.00)
-ORIGINAL BALANCE ($63,000.00)
-DOWN PAYMENT......($3,000.00)
-CURRENT........OCTOBER 1ST,2008....($63,000.00)
-MO. PAYMT......($493.92)
-INTEREST RATE......FIXED.....9%
-NOTE ORIGINATED.....SEPTEMBER 2ND, 2008
-BALLOON PAYMENT......SEPTEMBER 2ND, 2013
-OWNER OCCUPIED

COMMENTS:

All brick.....Good condition

712 West Monroe
Altamont, IL

ASKING PRICE.......($60,000.00)...........09/019/08
CONTRACT FOR DEED
-3 BEDRM
-2 BATH
-2 CAR GARAGE
-CURRENT VALUE ($65,000.00)
-ORIGINAL BALANCE ($60,000.00)
-DOWN PAYMENT.......($5,000.00)
-CURRENT.......SEPTEMBER 22ND. 2008.....$60,000.00
-MO. PAYMT.......($470.40)
-INTEREST RATE......FIXED........9%
-NOTE ORIGINATED.....SEPTEMBER 22ND, 2008
-BALLOON PAYMT......SEPTEMBER 22ND, 2013
-OWNER OCCUPIED

COMMENTS:

Good condition, Quiet neighborhood

2733 Empire Drive
Altamont IL

ASKING PRICE......($86,000.00)......9/23/08
CONTRACT FOR DEED
-3 BEDRM
-1 BATH
-WOOD DECK
-1020 SQ. FT.
-CURRENT VALUE ($88,500.00)
-ORIGINAL BALANCE ($86,000.00)
-DOWN PAYMENT.....($2,000.00)
-CURRENT........SEPTEMBER 23RD, 2008......($86,000.00)
-MO. PAYMT.......($610.84)
-INTEREST RATE......FIXED.....8%
-NOTE ORIGINATED......SEPTEMBER 23RD, 2008
-BALLOON PAYMENT.......SEPTEMBER 23RD, 2013
-OWNER OCCUPIED

COMMENTS:

New house, nice subdivision

503 South 8th
Altamont, IL

Asking Price ($82,000.00)
Lease/0ption

This is a 5 year lease/option agreement originating on September of 2004. Appraised for $87,000.00 in 2004. Buyer put $5,000.00 down against the original $87,000.00 price. Monthly payments are $650.00 with nothing applied to the principal. I Pay taxes and insurance. The home is tax exempt for the 1st 5 years (house only) so my total taxes and insurance are approximately $47.09. This leaves a net total of $602.91/mo. or $7,234.92/yr. Approximately 8.3% yield. The option buyer is self-employed and has added a lovely wood deck in the back. On time payments.

Also,.....If anyone might be interested.......I have a unsecured 10 year note for $4,232.65 (Jan 1st. 2008) It is at 10% interest with mo. paymts. of $65.08. It was originated on October 24th, 2005. This fellow is vietnam veteran and I have known him for several years. He is a man of his word and always makes his payments early.