Selling Commercial Building and Buyer is asking for my debt schedule?

BoDog

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3:56p, 6/24/26

AG

Is this normal? Buyer is asking for info on my loan, any lines of credit, etc with copies of promissory notes and loan agreements? Racking my brain to understand how this is relevant? TIA!!!

Hill08

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4:46p, 6/24/26

It would all depend on the amount of the transaction. Some of that is somewhat normal, some not. Ask your agent. Also, it's my experience that if they are a major PITA now, they are 100X worse later.

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aggiejumper

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10:51p, 6/24/26

AG

It's not normal.
Buyer should see what's relevant and material in Title Commitment.

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HDeathstar

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11:51a

Building listed as collateral in other documents, causing a legal issue with sell?

BoDog

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In reply to HDeathstar • 5:46p

AG

HDeathstar said:
Building listed as collateral in other documents, causing a legal issue with sell?

no not at all... we are even still in the early stages of due deligence.

Buck Turgidson

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6:08p

Maybe they want to see if your loan is assumable and under what terms? They might also want to make sure the sale proceeds will pay off all debt so there are no lingering liens after the sale. Really, though, the title search should provide all relevant docs.