EFTA02488108.pdf

From: jeffrey E. <jeevacation@gmail.com> Sent: Saturday, March 31, 2018 9:55 AM To: Morits Skaugen Subject: Re: Our mutual friend. For you/from me and for discussion only. thx I really appreciate it. as you=probably know terje now has to have the same procedure, that y=u were about to have ,when we first met met. He is very =ery stressed. I believe your proposal may hold promi=e. 1. can you propose a rent agreement and its terms ?=C2 lets get that agreed and signed right away . =A0 2 are there transfer taxes or other taxes to pay on purcha=e. ? 3 . what are the normal financing=ratios for homes in norway? , will the 3.5 work as=equity. ? . I truly understand the stress yo= are under. STAY STRONG mentally. it is doab=e. your financail discipline needs to be acc=mpanied by walks swims. peaceful periods , o=hewise the money doesnt get you the constant stress does. On Sat, Mar 31, 2018 at=5:37 AM, Morits Skaugen ‹ > > wrote: Facts. • There are no valid agreements re the purchase option. It has expired or=lapsed and it was never excersized as per its wording. the woridng is clea= and not ambiguous in any way. A lot of intentions have verbally been expr=ssed over some years, but the fact remains. It lapsed 2 years ago and no effort ever made to utilize it.=C2 • The property is mortgaged and the lending bank i have will not cle=r the property mortgage unless realized at market value. The market value =s per Bank assesment is NOK 18 mill. • Terje has a tennant agreement that has expired, but he will have t=e right to rent the property on terms to be agreed ( reduced rent) and I w=ll not make any objection or hindrances. This we could and should do to fi= the situation. renew this agreement. However given the situation leading to your request i send you this for=discussion Situation: • Terje is in very urgent needs and wants to take over the property no= . if so we have to meet up and discuss and agree on revised terms. I simply cannot deliver as per his wishes right now, =ut i can stick to agreements already in place. My ambition was to work out=my other problems and then help Terje to meet his wishes. i am more than s=ightly embarassed by the situation now created. Solution: * What i can see us doing now is that he buys the property at NOK =4 mill. • i will settle the difference with the bank; difference between NOK=18 and NOK 14 mill. EFTA_R1_01608005 EFTA02488108 The NOK 3.5 mill deposit that Terje paid, that is now in need of a=dicsussion on how to settle. it is as per above mentioned agreement a non =efundable. I do suggest you lend him this money and i will repay you the m=ney in due course. Suggest we dicsuss these terms when we meet. 1. for Terje; he has to pay NOK 14 mill vrs NOK 13 mill he wants to pay. H= gets the property he wants despite of the inconvenience of timing. 2. for you and me; we will need to settle the initial NOK 3.5 mill de=osit for him. i will repay you, but you will advance to Terje. Terje can u=e this with his bank to help arrange finance on purchase price. he does no= needs much more equity to get finance given the market value of NOK 18 mill. 3. for me; i will pay the bank NOK 4 mill and transfer the property a= 14 mill. there is no gain for me. i will gain peace from this and t=e embarassment it has created. Best regards from Mori=s. sent from my iPhone - Sorry for possible typo and a brief reply due to this. =AO please note The information contained i= this communication is confidential, may be attorney-client privileged,=may constitute inside information, and is intended only for the use =f the addressee. It is the property of JEE Unauthorized use, disclos=re or copying of this communication or any part thereof is strictly pro=ibited and may be unlawful. If you have received this communication =n error, please notify us immediately by return e-mail or by e-mail to =a href="mailtoieevacation@gmail.com" target="_blank">jeevacation@gmai=.com, and destroy this communication and all copies thereof, inc=uding all attachments. copyright -all rights reserved --94eb2c0d918a5112160568b2581e-- conversation-id 10979 date-last-viewed 0 date-received 1522490078 flags 8590195717 gmail-label-ids 7 6 remote-id 808478 2 EFTA_R1_01608006 EFTA02488109