How to buy a specific note from a bank
I'm going to be very honest about my situation. What I'm wanting to accomplish may be immoral but I'm looking for a legal way to get my bank to sell my mortgage to a trusted 3rd party. My soon to be ex-wife and I are both on the deed but only I am on the mortgage. I would like to sell the property, split the proceeds and go our separate ways. She has decided to move back in and refuses to sell. My idea would be to go into default on the loan, have my trusted 3rd party purchase the distressed note from the bank(not for a discount), and then refinance my mortgage through them with only my name on the deed so that I can sell. Any thoughts?