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Trust Deed Investment News and Information

Trust Deed Investment Closed in Twentynine Palms, California

A hard money loan recently closed on a home in Twentynine Palms, CA.  The trust deed investment is at 12% and here are the details:

Loan amount: $50,000
Appraised Value: $106,000
Loan to Value: 47.170%
Monthly Payment to Trust Deed Investor: $500.00
Term of loan: 1 year
Details: home built in 1960’s, 3 bedroom, 1.5 bath

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