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Trust Deed Investments | Available Trust Deed Investments - Townhome in Hawthorne, CA
FUNDED!
LOAN: #6947
SUBJECT PROPERTY: 14045 Lemoli Ave, Hawthorne, CA 90250
Like-new townhouse with 2 bed/2 bath and garage, 1,286 sq ft.
APPRAISED VALUE: $225,000.00 (view appraisal)
PURCHASE PRICE: $175,000.00 (Short-Sale Purchase)
LOAN TERMS
Loan Amount: $100,000.00
Position: 1st
Interest: 11%
Term: 24 months
LTV: 44% of appraised value / 57% of purchase price
Loan Amount: $100,000.00
Position: 1st
Interest: 11%
Term: 24 months
LTV: 44% of appraised value / 57% of 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.
There is no prepayment penalty on this loan.
This loan contains a balloon payment.
SPECIFICS: This property is being purchased as a short-sale for $175,000.00. Property has been inspected and is in a nice area. Borrower is putting 30% down and paying all closing costs.
Information Subject to Change
