Gold Country Commonwealth » simon http://goldcountrycommonwealth.com Hard Money Loans, Foreclosure, Note Servicing Wed, 06 Jul 2011 19:30:17 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Investment Bulletin http://goldcountrycommonwealth.com/blog/2009/10/15/investment-bulletin/ http://goldcountrycommonwealth.com/blog/2009/10/15/investment-bulletin/#comments Thu, 15 Oct 2009 16:36:27 +0000 simon http://goldcountrycommonwealth.com/?p=205

]]> http://goldcountrycommonwealth.com/blog/2009/10/15/investment-bulletin/feed/ 0 Land in Arnold Subdivision http://goldcountrycommonwealth.com/blog/2008/02/20/land-in-arnold-subdivision/ http://goldcountrycommonwealth.com/blog/2008/02/20/land-in-arnold-subdivision/#comments Thu, 21 Feb 2008 01:07:18 +0000 simon http://goldcountrycommonwealth.com/?p=12 $35,000 1st TD 2 year note; First payment due May 25, 2007, interest only payment $350/ mo. @ 12% interest. Note runs through April 25, 2009. Property payment has been late but has recently been brought back up to date. Property located in Arnold, is .75 ac in a subdivision with homes on both sides of it lots in the area are selling for $135,000, will need to get a good estimate of sales in the area in 2008. Loan to value ratio 26%.

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]]> http://goldcountrycommonwealth.com/blog/2008/02/20/land-in-arnold-subdivision/feed/ 0 Warehouse Metal Building Arnold http://goldcountrycommonwealth.com/blog/2008/02/20/warehouse-metal-building-arnold/ http://goldcountrycommonwealth.com/blog/2008/02/20/warehouse-metal-building-arnold/#comments Thu, 21 Feb 2008 01:06:46 +0000 simon http://goldcountrycommonwealth.com/?p=11 $50,000 1st TD eight month note; Payments started August 30, 2007, interest only $520.83/mo. @ 12.5% interest. Note runs through August 30, 2008, discussions have already been made to extend the note and raise the interest rate to assist the borrower. Property is a commercial warehouse metal building located in Arnold, has four rental units in the building and encompasses approximately .5 ac. Estimated value is $235,000. Loan to value ratio 21%.

1720 maple street, Arnold

]]> http://goldcountrycommonwealth.com/blog/2008/02/20/warehouse-metal-building-arnold/feed/ 0 Rock House in Mokolumne Hill http://goldcountrycommonwealth.com/blog/2008/02/18/rock-house-in-mokolumne-hill/ http://goldcountrycommonwealth.com/blog/2008/02/18/rock-house-in-mokolumne-hill/#comments Tue, 19 Feb 2008 01:05:10 +0000 simon http://goldcountrycommonwealth.com/?p=9 $16,625 new 2nd TD 7 year note; first payment due Feb. 15th, interest only payment $204.35/mo. @14.75% interest. This is a 2nd TD with a first of $176,000 6.8% interest $1,1154/mo. payment. Total loans on property $192,625. Property has two houses on it estimated value of property $310,000. One house is now advertised for rent for $750. Property was just pulled out of foreclosure. It’s a historical residence, Rock House on main street in Mokolumne Hill. Loan to value ratio 62%.

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