They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.

My past clients were in a tough spot and needed to sell asap.

I've been using the MLS, but I like the idea of talking to neighbors to see if they’re interested in selling—or at least getting on their radar.

It should have been 2-3 months and I was in it for 7 months renovation and then took almost 4 months to sell.

I frequently see where one party is awarded the property and debt and is mandated to sell or refinance it within a certain timeframe to have the other party removed from the note/mortgage.

If you sell directly to a homeowner, the issue can come back on you and bite you in the a...  

So the property owner can never sell?

Cash for keys is definitely the best way to get people out in the day when I was very active at court houses steps cash for keys was by far the best way to get folks to move and bad tenants in a state with bad eviction laws to me would be the preferred method. you simply pay them when they are leaving the house not before.. that works fine and you give them more than 1k .. you make it worth their while..

If you own it 50/50 you still have to 'sell' them on your new fence idea.

Well, what would be happening is that your buyer would be buying your house subject to the existing note, since you can't legally sell the property without paying off that note or transferring the debt to the new buyer.