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Trust Deed Investments | Available Trust Deed Investments - Rental Townhome in Sacramento
FUNDED!
LOAN: #7034
SUBJECT PROPERTY: 3161 Via Grande, Sacramento, CA 95825
2-bed/2-bath Townhome, 1060 sq ft, two-car carport, patio, deck
APPRAISED VALUE: $104,500.00 (view appraisal)
PURCHASE PRICE: $95,000.00 (short-sale purchase from Wells Fargo)
2-bed/2-bath Townhome, 1060 sq ft, two-car carport, patio, deck
APPRAISED VALUE: $104,500.00 (view appraisal)
PURCHASE PRICE: $95,000.00 (short-sale purchase from Wells Fargo)
LOAN TERMS
Loan Amount: $66,500.00
Trust Deed Position: 1st
Interest: 11%
Term: 60 months
LTV: 70% of purchase price/64% of appraisal
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: $66,500.00
Trust Deed Position: 1st
Interest: 11%
Term: 60 months
LTV: 70% of purchase price/64% of appraisal
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: Borrower is putting 30% down and paying all closing costs. After closing, borrower will be marketing the townhome for rent for $1000 per mo.
Information Subject to Change
