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Updated over 9 years ago,
How to get a "partial release"
I own two properties, both covered under the same mortgage, but both have unique tax ID numbers.
I want to sell one of them but since they are under the same mortgage I have to get the lender to agree to a partial release.
The guy seemed hopeful at first but I haven't heard from him in a few days.
Note: the property I want to keep appraised for about 8% over the balance on the loan.
How can I keep this moving along and what recourse do I have if they say no?