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Federal Trust Deed | Available Trust Deed Investments - Rental SFR in Coachella, CA
FUNDED!
LOAN: #7013
SUBJECT PROPERTY: 50265 San Solano Rd, Coachella, CA 92236
Single Family Residence, 4-bed/3.5 bath, 1877 sq ft w/2-car garage
APPRAISED VALUE: $157,000.00 (click here to view appraisal)
PURCHASE PRICE: $155,000.00 (short sale)
Single Family Residence, 4-bed/3.5 bath, 1877 sq ft w/2-car garage
APPRAISED VALUE: $157,000.00 (click here to view appraisal)
PURCHASE PRICE: $155,000.00 (short sale)
LOAN TERMS
Loan Amount: $93,000.00
Position: 1st
Interest:11%
Term: 24 months
LTV: 60%
There is a late charge of 10% of the payment (after 10 days).
There is no prepayment penalty on this loan.
This loan contains a balloon payment.
Loan Amount: $93,000.00
Position: 1st
Interest:11%
Term: 24 months
LTV: 60%
There is a late charge of 10% of the payment (after 10 days).
There is no prepayment penalty on this loan.
This loan contains a balloon payment.
SPECIFICS: Like-new home (built in 2005) in ideal neighborhood, leased at $1750 per mo. Borrower is putting 40% down and paying all closing costs.
Information Subject to Change
