ValueXpress has many borrower clients who obtain CMBS conduit loans for the sole purpose of selling the property under the assumption clause. How many times have we heard “the acquisition deal fell apart because the buyer could not secure financing?” Selling the property under the loan assumption … [Read more...] about 8.9.17: Remember, ValueXpress Will Help Clients Through the Assumption Process
3.17.11: ValueXpress Helps New Borrower Complete 7(a) Process
In February 2011, a borrower contacted ValueXpress explaining he wanted to purchase an existing retail business that operated as a home center in a 60,000-square-foot facility in Mississippi. The borrower, previously a general manager of a truck stop that comprised fuel and a convenience store, now … [Read more...] about 3.17.11: ValueXpress Helps New Borrower Complete 7(a) Process
