I don't like 2nds - Buyer couldn't payoff Guaranteed Rate

Estimated Closing Date: 1/21/2023 Property Address: Stanberry Ave. Las Vegas, NV Parcel Size: 8,712 Square Feet Description /Parcel Size: Single Story - 2,808 sq foot 4 bed/ 2 ¾ bath

Year Built: 2003 Property Information: Beautifully upgraded and updated, immaculate single story Summerlin Centre home with pool & spa! Popular William Lyon model features a large open floor plan surrounding a central courtyard with French doors from the kitchen with shade cover and fire pit. Home features include wood & tile flooring, gourmet kitchen with a large island, granite counters, double ovens and tile backsplash, spacious primary suite with a luxurious master bath and large walk in closet, 2nd bedroom with en-suite bath. Outdoor backyard and courtyard spaces are perfect for relaxing or entertaining with covered patio, fire features, bbq, pool, spa, and more!

Loan Amount: $140,000.00 Approximate Value: $870,000.00 (Purchase Contract) Loan to Value: 80% based on purchase price Loan Term: 12 Months – 3 Months Guaranteed Payments: Interest Only Payments Property Zoning: Single Family Home Exit Strategy: Refinance in the next 6/12 months