Escrow closed 7/12/17.
Paid off 7/2018.
St. Helena, Sunnyside, CA 94574
Appraised Value: $1,700,000
Complete Cost to Finish $350,000
New 1st Trust Deed: $799,000
Protective Equity: $901,000
Loan to Value: 47%
Term 2 years with 6-Month Interest PAID All At Once
You Net: 11%
Borrower Credit Score: 630
Borrower uses the funds to clear a current note that has come due. Borrower is a small business owner for the last 24 years. She is a Real Estate investor and Manager, builder and second generation owner. The family owns 3 other luxury homes in the Bay Area.
Complete Cost to Finish $350,000
New 1st Trust Deed: $799,000
Protective Equity: $901,000
Loan to Value: 47%
Term 2 years with 6-Month Interest PAID All At Once
You Net: 11%
Borrower Credit Score: 630
Borrower uses the funds to clear a current note that has come due. Borrower is a small business owner for the last 24 years. She is a Real Estate investor and Manager, builder and second generation owner. The family owns 3 other luxury homes in the Bay Area.