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Federal Trust Deed | Available Trust Deed Investments - Rental Condo in San Diego, CA
FUNDED!
LOAN: 7014
SUBJECT PROPERTY:
Unit #13206; 3-bed/2-bath, 1,024 sq ft
APPRAISED VALUE: $125,000.00 (click here to have the appraisal emailed to you)
PURCHASE PRICE: $100,000.00 (short-sale)
LOAN TERMS
Loan Amount: $70,000.00
Trust Deed Position: 1st
Interest: 11%
Term: 24 months
LTV: 70% of purchase price
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: Property is currently being rented for $1460 per mo. This unit last sold in Jan 2008 for $210,000. Borrower is putting 30% down and paying all closing costs.
Information Subject to Change
