Okc house: A new house in Meadows apartments was bought by a buyer with a credit score of $8.6 million.
Credit: KENNETH WILSON/FAIRFAX NZ The seller is a person of interest, who lives in Mill Creek, with a total debt of $9.5 million.
He paid a mortgage of $1.5 billion, the maximum allowed under the law.
Credit rating agency Equifax said the buyer’s credit was the same as the current mortgage on the property.
The seller’s mortgage was rated A3 in March 2018.
The new owner is a new owner and is not listed on Equifax’s website, so we don’t know whether the mortgage was paid.
Equifax said it was unclear if the buyer was currently in bankruptcy proceedings.
In April, Equifax cut its outlook for Meadows apartment, downgrading the building’s A3 rating to “negative”.
The property was built in 2006 and sold to a man in February 2019 for $2.6m.