Purchase Price On Sub2 Contract?

how do most of you fill out the purchase price when taking the property sub2, do you write "subject to the existing mortgage" or do you just write in the payoff amount. and if i do just write in the price should i put sub2 existing mortgage in the additional clause section. thanks

Comments(1)

  • ZinOrganization3rd February, 2005

    come on i know this is a basic question and almost plain dumb, but im just wondering how u guys are doing it for formality reasons.

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