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Updated over 2 years ago,
one mortgage two different properties,
I'm working a deal on a property I want to buy but the property has a lien on it because when the parents bought a new house the bank used both properties as security. The properties are on separate pieces of land. Now that the parents have passed on the kids want to sell the much smaller older house but the bank wants an appraisal and survey just to even look at releasing the smaller one so that I can buy it. This means spending $1200 with no guarantees. Has anyone experienced this or has any advice