Yes you are correct.

HI, 
Is opening a LOC on my primary a good option to fund flips or is there a better solution to get the funding? There's no charge to me to get these funds except a yearly fee of 200.00. 

Thank you 

The communication was prompt.

E.th. you mention in the post is correct. 

@Sonja RevellsThey usually communicate to the seller there are liens and their proceeds would be less because of the payoffs.

I always cover my experience, the brokerages experience, and expectations with communication - 9 - 5, M-F, 24 hr turnaround during business hours, and the owner can reach out to me personally when the team isn't present. 

Again check to verify that this information is correct.

Start early, raise that equity well in advance, and make sure all those forms and verifications are filled out correctly.

As others said, your lease should address who is responsible and how issues should be communicated to the landlord. 

There was no mention or remorse for past declarations, which were pretty set in stone per the loan offer and his communication.