The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed on Purple Ridge Drive in Rancho Palos Verdes, California

A hard money loan recently closed on a home in Rancho Palos Verdes, CA. The trust deed investment is at 11.5% and here are the details:

Loan amount: $670,000
Appraised Value: $1,120,000
Loan to Value: 59.8%
Term of loan: 1 year
Details: home built in the 1960s, 4 bedroom, 2 bath

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