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Federal Trust Deed | Available Trust Deed Investments - Stockton Rental SFR
FUNDED!
LOANS: #7108
SUBJECT PROPERTY: 3228 Castellon Way, Stockton, CA 95205
5-bed/3-bath, 2002 sq ft and 2-car attached garage
APPRAISED VALUE: $110,500.00 in April 2010 (view appraisal)
PURCHASE PRICE: $100,000.00 (bank-owned)
LOAN TERMS
LOAN AMOUNT: $70,000.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 70%
There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalties on these loans
These loans contain a balloon payment
LOAN AMOUNT: $70,000.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 70%
There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalties on these loans
These loans contain a balloon payment
SPECIFICS: Subject property is bank-owned in average quality and condition, with an addition. Borrower will be making minor repairs after closing, and will be marketing the property for rent at $900 per mo.
Information Subject to Change
