This really isnt so much of a legal question as a financial one. If the trustee of the land trust has the power to sell or the beneficiary (the true owner) instructs the sale, there should be no legal impediment. The issue becomes whether a lender would go along with your financial position.
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I would sit down with a good attorney like Clifton Black in Colorado Springs and talk about the best way to accomplish your wants and needs in this situation. This is too fact-intensive and will be too difficult to answer on a forum like this. Best wishes
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