Hello,
I am in the process of selling a 2 acre house lot to a friend. This 2 acre parcel is part of my current residence that has many acres. My question is, can I do a Quit Claim Deed, sell this 2 acre parcel and not involve my bank or will this upset my bank and complicate my mortgage? Can my bank call up my loan in this situation? Thank you.
I am in the process of selling a 2 acre house lot to a friend. This 2 acre parcel is part of my current residence that has many acres. My question is, can I do a Quit Claim Deed, sell this 2 acre parcel and not involve my bank or will this upset my bank and complicate my mortgage? Can my bank call up my loan in this situation? Thank you.