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Federal Trust Deed | Available Trust Deed Investments - Renovated Historical Bldgs in Escondido, CA
LENDERS SUMMARY SHEET
LOAN: 6709
PROPERTY: 432 W. 7th Ave. Escondido, CA APNs 233-222-11 and 233-222-12
APPRAISED VALUE: $850,000.00 (dated 03/27/2008 for the vacant land only, prior to relocation of historical buildings and completion of renovation).
TRUST DEED POSITION: 1ST on both properties
LOAN AMOUNT: $236,000.00
INTEREST RATE: 11%
TERM: 24 months (Maturity Date 10/01/2010)
LTV: 28%
LATE CHARGE: 10% / 10 days
COMMENTS: Relocation of historic building and renovations have been completed; seven residential buildings on site are now providing rental income.
PROPERTY: 432 W. 7th Ave. Escondido, CA APNs 233-222-11 and 233-222-12
APPRAISED VALUE: $850,000.00 (dated 03/27/2008 for the vacant land only, prior to relocation of historical buildings and completion of renovation).
TRUST DEED POSITION: 1ST on both properties
LOAN AMOUNT: $236,000.00
INTEREST RATE: 11%
TERM: 24 months (Maturity Date 10/01/2010)
LTV: 28%
LATE CHARGE: 10% / 10 days
COMMENTS: Relocation of historic building and renovations have been completed; seven residential buildings on site are now providing rental income.
Information Subject to Change
