House off of Main Street in Sonora

February 25th, 2008 by simon

$20,000 new 2nd TD 3 year note; first payment due Feb. 15th, interest only payment $248.83/mo. @14.75%. This is a 2nd TD with a first of $86,500 @ 7.58% $609.57/mo. Payment. Total loans on the property $106,000. Property in Sonora off main street behind police station, other homes in area selling for $235,000 and up. Loan to value ratio 45%.