Video Overview

This video presents a letter involving property, a presale contract, and funds needed within roughly 18 months. The viewer used a 10 million flexible mortgage loan to invest in 00662, 00670L, and 00864B, and is also trying to sell another home, which has attracted only two showings in three months. A presale contract signed before discovering the channel cannot be transferred, and payment will be required in about a year and a half. The viewer holds a U.S. dollar time deposit worth more than 2 million in New Taiwan dollars and, after a decline in the renewal rate, is considering converting it to New Taiwan dollars and moving it into 00864B. The concern is that less money may be available when the property payment is due. The speaker argues for accepting a loss to cancel the presale contract, lowering the asking price on the home, and moving the deposit into 00864B. These contract, pricing, currency, and allocation statements are the speaker's high-risk, case-specific views.

Key Takeaways

• The viewer invested a 10 million mortgage loan in 00662, 00670L, and 00864B; another home has been listed for three months with only two showings.
• With a non-transferable presale contract due in about 18 months, the viewer asks whether a U.S. dollar deposit worth over 2 million New Taiwan dollars can be moved into 00864B.
• The speaker favors canceling the presale contract, changing the home price, and converting the deposit; these are case-specific views.

Chapters

About 00:00:14 · Mortgage investing and home sale

The viewer describes the loan investment and the slow sale of another home.

About 00:00:42 · Presale contract and dollar deposit

The viewer explains the payment timeline and asks about moving the deposit into 00864B.

About 00:01:42 · The speaker's case-specific response

The response covers cancellation, pricing, currency, and cash placement.

Related Topics

presale contract, home sale, U.S. dollar time deposit, 00864B, flexible mortgage loan, near-term funding, currency risk, sunk cost