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john70t john70t is online now
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Join Date: Aug 2001
Location: midwest
Posts: 40,247
Quote:
Originally Posted by Dantilla View Post
Bank is requiring a ground lease five years longer than the term of the loan.
Other than that, a fairly standard commercial loan.
So you are supposedly stuck in that location?

That doesn't seem legal.

Check the transfer agreement (ie getting a better loan from another bank)..
And any early payments clauses..ie punishment for being a good citizen..
Fight bs with bs.
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Old 06-25-2023, 07:54 PM
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