You without a doubt used a lot of assumption and blind trust, and are now paying the price. 90 days is WAY too much time to go by and not know with certainty what's going on.

Be conservative in your numbers/assumptions and compare the long term outcome. 10y, 30y.

Hotels typically do this for cost savings, but they also may do this to prevent guests from setting temps that could impact others on a floor or adajacent room (my assumptions). 

@Keegan Darby , any assumption would be determined by your Loan Docs (The Note), and the servicer should be contacted to determine the process if it is assumable.

Again making the assumption these are non performing seconds.. takes a special company to make those all work. 

Except we can make the following assumptions.  

@Yongming HuangI’m going to make an assumption your comparison is versus China agent commissions around 2.1%.  

The assumption is that by the time the project is done and final bills are in there will be a sale which will fund the amounts due the contractors.

I don’t know this market specifically to make that assumption but in my market if you’re buying a 2-4 unit property the seller might leave 1 units it vacant for owner to occupy but there’s usually not totally vacant property.

Curious if the sales contract showing the sale is subject to the buyer talking over mortgage would be counted as “any” assumption agreement Freddie is asking for.