The Astolat Dollhouse Castle is officially appraised at over $8.5 million. Itâs 9 feet tall, weighs over 800 pounds, and filled with 10,000 valuable miniatures.
The lock-up period may last as long as 180 days. In some cases, though, the lock-up period is graduated, meaning that after the initial 180 days you can sell an increasingly larger portion of your shares over the next two years. After the lock-up period ends, you are free to sell all your shares if you wish.
But there's a downside: If rates fall after the rate is locked, the borrower might not be able to take advantage of that opportunity. Also essential to a rate lock is a time period, typically 10, 15, 30, 45 or 60 days.