Not exact matches
$ 5 million for a one - year
loan, though they don't make mention of the option to buy, mandatory or otherwise, but it's safe to say it
exists, as one would imagine Chelsea is keen to avoid a repeat of this
scenario next summer.
In such a
scenario you can apply for an extension of Rs. 1 lakh on the
existing loan, possibly at the same rate of interest.
That depends on the details which are not specified in your hypothetical
scenario incluing the persons credit rating, what the interest is like on the
existing loan and what the expected time to repay the debt is.
For a buy and hold
scenario, give them an offer Subject to
existing financing, so you essentially have the seller give you the title but the
loan stays in his / her name and you make payments, until x time, when you two decide to complete the transaction.