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Federal Trust Deed | Available Trust Deed Investments - 5-acre Orchard in Littlerock, CA
FUNDED!
LOAN: #6943
SUBJECT PROPERTY: 5-acre fruit tree orchard at 36126 N. 82nd St East, Littlerock, CA 93543
VALUE: Purchased for $240,000.00 in Dec 2007
LOAN TERMS
Loan Amount: $58,000.00
Position: 1st
Interest: 11%
Term: 24 months
LTV: 24% of Dec 2007 Purchase Price
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.
Position: 1st
Interest: 11%
Term: 24 months
LTV: 24% of Dec 2007 Purchase Price
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: This is a small, family-operated orchard on 5 acres. Borrower is very strong, and owns all his properties free and clear.
