$75,000 Equity Loan Heredia

(EN ESPAÑOL – HAGA CLIC AQUÍ)

“THE ALLURE OF HEREDIA“

Earn 16% Interest Per Year!

Invest $75,000.00 TODAY,
and you will earn $1,000.00 per month.

LTV ~ 43%

That is $12,000.00 per year.
This is a 36-month term loan.

That’s $36,000.00 for the term of the loan!

(EN ESPAÑOL – HAGA CLIC AQUÍ)

Property Loan Details

Amount Requested: $75,000.00 US dollars
LTV Ratio: ~ 43%
Term Desired: 3 years
Construction area: ~ 350 m2
Land Area: ~ 215 m2

Property Location

Heredia

Heredia is one of the largest cities in Costa Rica. It is located about six miles north of the capital city, San José, and it has a population of approximately 120,000 people.

The Allure of Heredia

The city of Heredia is known for its’ scenic landscape. It is often referred to as the “City of Flowers” because of the beautiful vegetation permeating the area. There are over 6,000 different species of plants and vegetation including bananas, numerous strands of coffee, and parrot flowers in and around the city.

The climate of city is consistently comfortable throughout the year. The temperatures rarely drop below 64°F or rise above 83°F, and that is considered nearly perfect year-round.

Heredia is considerably smaller than the capital but, there are plenty of exciting things to do, like visiting Braulio Carrillo National Park, Toucan Rescue Ranch, Museo de Cultura Popular, La Paz Waterfall National Park and more.

Heredia is a charming city.

Property Description:

The collateral for this loan is a two-story family home located in a great area, just 300 meters from the brand new Mega Mall Oxigeno! It is also very close to Pricesmart and “Mas x Menos” in Heredia.

The property has the following amenities:

– 4 bedrooms

– 3 1/2 bathrooms

– Dining area

– A huge upstairs salon with Master Bedroom and Jacuzzi

– A large upstairs veranda with great views

– 1 Large Garage (3 cars)

Loan Notes:

The borrower is a widower and has a second property right beside this collateral property (see images below “Second Property”).

This second property needs to be transferred out of his wife’s name into the borrower’s name (the reason for the loan request). Once the property title has been transferred into the borrower’s name, the home will be placed on the market with the intention of selling it within a year’s time, depending on the market condition.

This borrower has a steady income. Details available upon request.

A spacious interior (living room pictured)