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Trust Deed Investment Closed in San Bernardino, California

Tuesday, July 21st, 2009

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

Loan amount: $68,000
Appraised Value: $111,000
Loan to Value: 61.26%
Monthly Payment to Trust Deed Investor: $708.33
Term of loan: 1 year
Details: home built in the 1960’s, 3 bedroom, 2 bath

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