I'd also request 2% of sales price in EMD to be released upon execution of the addendum to raise price and extend contract, and it would be non-refundable.  

OTH, medical collections are common and practically ignored by lenders, but they will require a release of lien or for it to be paid off.

My thought is, having the entire proceeds of the sale going back to payoff the loan for a release of the deed of trust then refinancing the property after the sale on the other building.

Seems to me the right way to deal with this now is for title to hold that amount in escrow until the payments have been verified, and then release that amount to the seller in a few days - or whenever...

We've tried to schedule the closing 3 times and each time she has showed up with an excuse as to why her credit union has not released the funds yet. 

Lenders may disregard this message until it is removed in a DU release later in 2015."

They might contact you and you'll tell them that you will have to evict everyone, unless the previous tenant signs some kind of release.

I hear this phrase occasionally and was told that it referred not only to property that has been defaulted but the foreclosure wasn't complete, as well as the completed foreclosures that the banks just have not released for sale yet.

A deed-of-release is provided by note holder, not a deed, and the DOR should be executed at settlement and go to escrow.

So he wants 70k to release the lein, but will not furnish any paperwork at all.