The Norris Group Trust Deeds Blog

Trust Deed Investment News and Information

Trust Deed Investment Closed on West Newgrove in Lancaster, California

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

Loan amount: $75,000
Appraised Value: $121,000
Loan to Value: 62%
Term of loan: 1 year
Details: home built in the 1950s, 2 bedroom, 1 bath

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