Posted by James Harris on July 24, 2007 at 16:16:10:
Ara,your post doesn’t seem to make a lot of sense. You’re buying property that you can assume the loan of $1,000,000 or 1 million dollars, the fee for the assumption is 1% or $10,000. So, what is the acual sales price? If you seek advice on this deal you will have to give us more informatuion on the deal, let us know what you are talking about.