3 ms·
12.3 million is pretty down there though, that no one thinks the building is even worth the loan amount, and that the loan amount was at least 10% (I bet it was
by seanmcdirmid 3y ago
12.3 million is pretty down there though, that no one thinks the building is even worth the loan amount, and that the loan amount was at least 10% (I bet it was much higher though) indicates the building isn’t worth much.
- colechristensen 3y agoI don’t think so. Basically you can be sure the lender is going to pay the loan amount so unless you’re willing to pay more you’re not going to bid at all because why bother.