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.
If market rates rise after the rate is locked, the borrower will still get the lower rate, to the lender's detriment. 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.