Monthly Earnings: $800.00
Yearly Earnings: $9,600.00
Interest: 12% (Borrower Request)
Loan-to-Value Ratio: Approximately 46% (based on the discounted price)
Term desired: 1 year
Unit Measurements: 85 m2
Fire sale price: $170,000.00
Retail Value: $193,000.00 USD with an appraisal by Davivienda Bank this year! (Available upon serious inquiry)
The collateral is a brand new Condominium located close to the
central park, national stadium and walking distance from plaza Mayor. The loan comes directly from the Developer, REC S.A. We have been placing loans with REC S.A. over the last year and have been extremely satisfied with their performance. We have done $1,000,000.00 worth of loans without any complications.
The loan will be used to continue their latest project, llamas de Bosque.
To see additional projects that have been completed by the land developer, CLICK HERE
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