LogoFull205

Note Secured by a 1st Trust Deed available for investment
8209a

Email:  This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Loan Number: 8209

CA Residents & Nonresident Foreign Citizens Only

Position: 1st Trust Deed

Investor’s Net Rate: 9.7%

Investor’s Net Payment: $1,737.56  

Note Balance: $212,500.00

Balance At Maturity: $0.00

Maturity Date: August 1, 2015

Property Value: $425,000.00

Property Equity: $212,500.00

Loan To Value Ratio: 50%

Building Size: 3,710 sq ft     

Lot Size: 8,095  sq ft

Building Age: 1 year

Property Type: Single Family Residence

County: Contra  Costa

PROPERTY DETAILS:

This new two story five bedroom, three bathroom, has a covered porch, two car garage and builder furnished landscaping. This loan financed purchase of this home along with cash down to our loan from the borrower. Buyer/Borrower is renting this home to his parents for $2,600 per month. Parents have an income adequate to make the rental payments. The Builder severely discounted this home in order to liquidate it from his inventory. Reproduction costs on this home, excluding the lot value, are far above the price of $425,000.

8209b 8209c

OTHER LOAN DETAILS:

This loan is scheduled to be a fixed rate until the maturity date which is August 1, 2015. The prepayment penalty is waived after June 1, 2012. Any prepayment penalty if collected will be split between R.C. TEMME CORPORATION and the investor(s).

 

 

 

These securities have not been registered under the securities act of 1933.  During the period in which these securities are being offered and sold by the issuer, and for a period of nine months from the date of the last sale by the issuer of these securities, all re-sales of any part of the issue, by any person, shall be made only to persons resident within California or to a non-us citizen who is a resident of a foreign nation.

These securities are being offered solely to certain selected residents of California and to non-us citizens who are residents of a foreign nation.  This does not constitute an offer to sell or a solicitation of an offer to buy in any state other than the state of California.  Subject to purchaser’s receipt and review of the offering circular and disclosure package, and subject to issuer’s approval of purchaser’s subscription agreement.                                                                       

Real Estate Broker/CA Dept. of Real Estate - 00531243