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Federal Trust Deed | Available Trust Deed Investments - Rental SFR in Murrieta, CA
FUNDED!
LOAN: #7129
SUBJECT PROPERTY: 23691 Ballestros Ave, Murrieta, CA 92562
3-bed/2.5 bath, 2600 sq ft with 3-car garage
APPRAISED VALUE: $240,000.00 (view appraisal)
PURCHASE PRICE: $238,000.00
LOAN TERMS
LOAN AMOUNT: $166,600.00
POSITION: 1st
INTEREST: 11%
TERM: 60 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: $166,600.00
POSITION: 1st
INTEREST: 11%
TERM: 60 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 being sold by One West Bank, and includes two fireplaces, ceiling fans, double pane windows and a semi-covered back patio. Husband and wife borrowers both have high credit scores and are putting 30% down plus paying all closing costs. After minor clean-up and repairs they plan on marketing the property for rent at $1800 per mo.
Information Subject to Change
