I might be misreading your post but that's how I interpreted it.Insolvency is more a tax accountant issue not necessarily proving your case to the lender.

However, just speculating here but I'm guessing that information is somewhat subjective and open for interpretation, and you could probably track down a credible source that tells a different tale.

I guess by 'apply' you mean I should be able to interpret how it fits what I'm talking about?

What matters is how it can be interpreted.

The HOA rules should be clear, well worded, and understandable by the majority of society without using a resource or "hiring a lawyer" to determine its interpretation or meaning.

Something in the process of collecting, interpreting and analyzing information is wrong there.

Well, I'm sorry if my post was interpreted as an attack.

Here is my interpretation or proposal based on your suggestion.

You could go directly to the listing agent and submit your offer directly through them but since they represent the seller's best interest and not your best interest, you need to make sure your are comfortable reading and interpreting all of the clauses and addendums of the contract because the listing agent is not going to look after your interests.I would suggest finding another agent who specializes in dealing with real estate investors.

However, the key interpretation will come from the title company since they need to issue a title policy.