Hi ther.
I have a question regarding the mortgage repayment in L.O exercise. ( it might be in a sandwich lease situation)
As we take over and agree on paying the monthly expenses , what happens if the terms of the mortgage change and the costs increase , within the option time frame?
Would the vendor need to refinance and fix for at least the agreed option term before signing
I hope this Q make sense.
H
I have a question regarding the mortgage repayment in L.O exercise. ( it might be in a sandwich lease situation)
As we take over and agree on paying the monthly expenses , what happens if the terms of the mortgage change and the costs increase , within the option time frame?
Would the vendor need to refinance and fix for at least the agreed option term before signing
I hope this Q make sense.
H
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