This will be instrumental in connecting a bunch of the neighborhoods around the city and is sure to be a catalyst for further growth and development. 

A valid real estate purchase and sale contract need to have the following elements; written instrument, names of all parties, legal description of the property, purchase price, closing date, etc.

Just realize that hloc are normally floating rate instruments, so as rates go up so will your payment.  

Are there derivative instruments or strategies to lock in an interest even though you may not be closing for another 2-3 months?

Then later transfer title to an LLC which is not on the mortgage.in your security instruments there is a chapter on EVENTS OF DEFAULT Alienation is just one of them.  

As long as it was originally issued under your name, it doesn't matter how the property is deeded, it matters what's on the lien instrument that is filed with the public records in the municipality the property is located in.

You may be able to create an instrument with your GPB that allows them to securitize it without cashing it out.Another out of the box idea would be to sell the house you're in now if you've lived in it for 2 out of the last 5.  

“These particular instruments of mass destruction, as Warren Buffet called them, no longer exist,” says Susan Wachter, a real estate and finance professor at the Wharton School who foresaw and warned about the looming disaster well before the collapse happened.http://time.com/money/4146436/the-big-short-could-...

Congrats on the deal.10% is better than some money market instruments

Newbie misconception.If the first (or a senior position) forecloses, the junior's right of redemption kicks in which says you can protect the interests granted by the security instrument and redeem (pay in full) the amount due to the first or senior lien holder.