Promissory Note Details

TITLE:
$65,000 10%, 1st Lien $165,000 property Value.
TYPE:
Existing
CONTROL:
Owner
PRICE:
$60,000
FACE VALUE:
$65,000
BALANCE OWING:
$65,000
MONTHLY PAYMENT:
$859
ANNUAL PAYMENT:
$10,308
INTEREST RATE:
10.00%
ORIGINATION DATE OF NOTE:
Oct 15, 2024
MATURITY DATE OF NOTE:
Oct 15, 2034
HAVE:
10% 1st Lien note secured by $165,000 Appraised Mobile on Land in CA.
NOTE COLLATERAL INFORMATION
TYPE OF COLLATERAL:
Home
LOCATION:
Thermal, California
RECORDED LIEN POSITION:
1st
INSTRUMENT OF SECURITY:
Deed of Trust
PERSONAL GUARANTEE?
No
COLLATERAL VALUE:
$165,000
COLLATERAL ANNUAL EXPENSES:
$700
COLLATERAL NOI:
$859
COUNSELOR:
Dan Ruzicka
Pacific Real Estate Ventures
La Quinta, California, 92253
Phone: 760-702-5324
Cell: 760-702-5324