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Thanks for the well thought out information.

I haven't heard from the bank yet ... we'll see.

Here's a copy of the payoff statement I sent:


Here's a copy of the original payoff addendum (I also have back and forth emails where Buyer acknowledges and says "this is exactly what I have in mind" referencing the Early Payoff Addendum) :

They're pretty well off so maybe they don't care about the 12k as much as I do. ::fingers crossed:: I'd like to put that 12k to WORK!

Next I'm wondering how best manage the lump sum payment to best reduce tax obligations vs if I were to just take it as earned income; I may not have much choice.
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