A presale agreement is said to be equivalent to a take-out commitment. What will the construction lender

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A presale agreement is said to be equivalent to a take-out commitment. What will the construction lender be concerned about if the developer plans to use such an agreement in lieu of a take-out?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Question Posted: Sep 26, 2018 01:13 PM

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A presale agreement is said to be equivalent to a take-out commitment. What will the construction lender

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A presale agreement differs from a takeout commitment in that proceeds from the sale of a ...View the full answer

Real Estate Finance and Investments

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