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From my understanding, it’s an investment property.
Owner 3 put in double the down payment vs owner 1&2, loan in owner 1 only due to bad credit for owner 2&3.
Owner 3 thinks if he signs off, he won’t get quitclaimed back on.
What happens if owner 1 decides to let the home go into foreclosure, how will that affect owner 2 & 3 since they are not on the loan?
