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Bank of America stands to collect reimbursement for these fees whenever the property sells.
If the property sells at asking price, taxes will be $374,937.
The BBC will also keep any excess if the property sells for more than its market value.
In Chorillos, once a second-home destination but now largely a bedroom community, property sells for $1,500 to $2,000 a square meter.
Across Wales, a typical home costs £157,000 and there are plenty of places where the average property sells for well under £100,000.
Even if the stock turns over 10 times in a year (ie each property sells in about five weeks), that's £43m of revenue at the current pace.
Similar(44)
Seven years ago, the property sold for $6 million.
The property sold for $255,000 in summer 2004.
The property sold two weeks ago for $1.4 million.
in the auction, and the property sold for $3.5 million.
Hemlock Hill, another Bedford property, sold for more than $9 million.
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