Hey guys...
selling a rental tomorrow and the bank sent the wrong payoff amount as we have two equal valued properties on one loan.
Can’t seem to find the language in the original note showing the split as a payoff when selling one of the two properties. As in, we should only have to pay down 50% of the loan at closing.
we are retaining one property. The bank accidentally sent the whole amount as payoff which means we would have to pay a bunch at closing.
Thanks for any help.
selling a rental tomorrow and the bank sent the wrong payoff amount as we have two equal valued properties on one loan.
Can’t seem to find the language in the original note showing the split as a payoff when selling one of the two properties. As in, we should only have to pay down 50% of the loan at closing.
we are retaining one property. The bank accidentally sent the whole amount as payoff which means we would have to pay a bunch at closing.
Thanks for any help.
