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Commercial Property Sales Package Kentucky Form

Commercial Property Sales Package Kentucky Form

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I went to the bank and I said I'm buying this property can you send your appraiser and your valuer and Bank appraisers are usually very conservative they don't like to give an optimistic value so they went in there this was a good deal and they said well it's got to be worth eighty thousand dollars and they were willing to lend me 70 of the appraisal so they lent me fifty six thousand dollars the purchase price was fifty nine thousand so the question is how much cash did I have tied up in this deal and forget closing costs and all that sort of thing essentially I only had three thousand dollars cash tied up in the deal the difference between my fifty nine thousand purchase price and my fifty six thousand dollar mortgage that I got from the bank so my cash end was three thousand

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