If you bought a 3-year-old car, and took out an 84-month loan, it would be 10 years old when the loan was finally paid off. Try to imagine how youâd feel making loan payments on a battered 10-year-old heap. Long loan terms are yet another tool the dealer has to put you into a car because they focus you on the monthly payment, not the overall cost.
Time Constraints. Lenders limit the period of time for the short sale to take place, like 4 months. The seller is responsible for showing the home to potential buyers. Some lenders require a real estate agent be used when listing a home for a short sale.
The National Basketball Association, or NBA, allows for six full-length timeouts in the span of a game in addition to a single, 20-second timeout per half. The length of time that a full-length timeout lasts varies based on when the timeout is called. While confusing, NBA rules mandate that a certain number of timeouts be taken each period for commercial purposes. Any NBA-mandated timeouts last 100 seconds, while non-mandated timeouts last 60 seconds. For instance, in each of the first and third periods, the NBA mandates that there be two 100-second timeouts.Whichever team calls the first and second timeouts will automatically receive the timeout at a 100-second length.