Thread: 44 W Monroe
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  #19  
Old Posted Mar 28, 2006, 10:37 PM
Vicelord John Vicelord John is offline
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Location: Eastlake, Phoenix, Arizona
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Quote:
Originally Posted by soleri

I don't know the answer in this particular case, but usually the rule of thumb is at least 40% pre-sales before a project gets financing. Somehow, the developer got the financing prior to the public report (thus enabling actual sales' contracts).
you do know that you cannot sell a home/condo/anything without the public report, right? Financing in place or not.
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