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Trust Deed Investments | Available Trust Deed Investments - SFR in Long Beach, CA
FUNDED!

LOAN:
#6929
SUBJECT PROPERTY: 1111 East 15th Street, Long Beach, CA 90813
Single family residence 2-bed/1-bath, 798 sq ft, detached garage.
PURCHASE PRICE:
$75,000.00 (short-sale)                                                                                 BROKER'S OPINION OF VALUE: $125,000.00                                                                               APPRAISED VALUE: $165,000.00
(request an email copy of the appraisal)

LOAN TERMS


Loan Amount: $52,500.00
Position: 1ST
Term: 60 months
Interest Rate: 11%
LTV: 70% of purchase price / 42% of Broker's Opinion / 32% Appraised Value

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: H&S Holdings is purchasing the property from Wachovia Bank.  The bank is accepting a short pay-off.  In 2007 the original amount of the loan was $297,674.00.



Information Subject to Change
FUNDED
1111 e 15th st lb
1111 e 15th st ...
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