Escrow closed 9/30/19.
East Palo Alto, Fordham, CA 94303
New 1st Trust Deed Purchase Newer Luxury Updated East Palo Alto SFH on Large Parcel
**New PURCHASE Hot Rare Silicon Valley Remodeled Luxury Home + LOW Loan to Value + Strong Borrower*
Appraised Value: $770,000
Purchase Price: $760,000
New 1st Trust Deed: $599,000
Cash Down Payment: 157,000
Protective Equity: $521,000
Loan to Value: 77% ltv
You NET: 10.0%
Term 2 Years with a 6 Month Pre Pay
Borrower Credit: 670
Rented For $5,900 per Month.
He is a small business owner for the last 18 years. He is an independent technology worker for a large online retailer. The family also own another 2 rental home in the Bay Area.
**New PURCHASE Hot Rare Silicon Valley Remodeled Luxury Home + LOW Loan to Value + Strong Borrower*
Appraised Value: $770,000
Purchase Price: $760,000
New 1st Trust Deed: $599,000
Cash Down Payment: 157,000
Protective Equity: $521,000
Loan to Value: 77% ltv
You NET: 10.0%
Term 2 Years with a 6 Month Pre Pay
Borrower Credit: 670
Rented For $5,900 per Month.
He is a small business owner for the last 18 years. He is an independent technology worker for a large online retailer. The family also own another 2 rental home in the Bay Area.