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Trust Deed Investments | Available Trust Deed Investments - SFR Rental in Stockton, CA
FUNDED!
LOAN: #7154
SUBJECT PROPERTY: 366 Horton Ave, Stockton, CA 95206
Single Family Residence with 4-bed/2-bath, 1704 sq ft and 2-car garage
APN 175-260-290
APPRAISED VALUE: $85,000.00 (view appraisal)
PURCHASE AMOUNT: $85,000.00 (short-sale)
LOAN TERMS
LOAN AMOUNT: $55,250.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 65%
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: $55,250.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 65%
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: Subject property is being purchased for investment/rental purposes, and will be rented for $1200 per mo. Chase Bank is accepting a short-sale payoff on the home. Borrowers are putting 35% down and paying all closing costs. There is a pending title and escrow opened with Chicago Title.
Information Subject to Change
