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Trust Deed Investments | Available Trust Deed Investments - .46 acre lot in Poway, CA
FUNDED!
LOAN: #6910
SUBJECT PROPERTY: Pebble Canyon Drive, Poway, CA 92064
APN 321-230-65
.46 acres
APPRAISED VALUE: $210,000.00 (view appraisal)
APN 321-230-65
.46 acres
APPRAISED VALUE: $210,000.00 (view appraisal)
LOAN TERMS
Loan Amount: $40,000.00
Trust Deed Position: 1st
Interest: 11%
Term: 12 months
LTV: 19%
Trust Deed Position: 1st
Interest: 11%
Term: 12 months
LTV: 19%
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.
There is no prepayment penalty on this loan.
This loan contains a balloon payment.
Specifics: Jennifer and Danny Hance purchased this lot eight years ago. They originally owned two lots on this street, but sold one two years ago for $290,000.00. This is the better lot of the two, but the value has been reduced to reflect the current market conditions.
