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Assumption Agreement of Deed of Trust and Release of Original Mortgagors Tennessee Form

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Assumption Agreement of Deed of Trust and Release of Original Mortgagors Tennessee Form

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if there is a really old TR sometimes we have seen as old as 40 years okay and so the owner had paid off that loan but the lender never reconveyed never never recorded a reconveyance now we have to get a zero balance demand and we need to get a reconveyance to record to clear title and we can't find the lender it could have been a private lender it could have been institutional lender but it's no longer in business and they you know they sell their loans to other companies and nobody can find it it is unfortunate because again if we cannot provide title with evidence that D trust was paid off most likely it's not going to close because title ensures a transaction and they need to deliver clear title to the buyer

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