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Insecure, can you give us some numbers to work with. What did the valuations come in at and what did you originally pay. Thanks

If all the proceeds from the sale of the land go to the bank and the land is being sold at market value, then I don't see why the bank has a problem. What is the bank going to do, wait for the land to go up in value whilst charging you interest at default rates? They will never get their money...