- Loan Amount: $310,000.00
- Rate: 9.75%
- Appraisal Value: $ 690,000.00
- Term: 24 months
- Lien Position: First
The borrower found this great piece of land to develop into multiple estate style homes.
The plans are to sell some parcels as land and sell the rest as move-in ready homes.
The rural setting and the great weather makes this wine country land very desirable.