The beds are small and all of the closets are really tiny - about 7 feet wide and maybe 2 feet deep.

I've been working on this tiny house community thing for some time now.

The projected growth is over 25K, that's amazing for what once was a tiny farm community connected to Meridian and Boise. 

I've always had an issue renting the upstairs because the bath is tiny and due to roof structure, only a tub no shower.  

As a result, we have added a tiny house to our property to further our profits. 

I have no desire to occupy a tiny room in another piece of real estate that's supported by the public! 

You are asking for legal advice for which I cannot give.That said your wording basically says if you leave the seller hanging the seller is limited to your earnest money which I am sure you give a tiny paultry sum.Yet if the seller defaults you can come after them full force for compliance.Sweet deal for you but sucks for the seller.Are you getting a lot of sellers to agree to this???

Closing I THOUGHT went flawlessly until I got a call from the closing agent later that there was a tiny glitch, so I have to really tip my hat to Ted Akers for being patient AND Rich for running around to fix things.THANKS BP!!

Regardless of any rules, $100 is a tiny spread.

If she borrows a lot the credit score going down will cost here future money in higher interest rates.Some credit card and other companies now have provisions in small print where if other accounts that are not their default and start going late they can up their interest rates to cover future perceived risk.They can also freeze credit lines,credit card accounts and just ask for her to keep paying the balance but not allow new charges.So there are many implication here that have to be considered.There are certain items by law that creditors cannot touch.That won't keep the collector though from trying to convince you to pull from a retirement account,401k etc. to pay them.So watch out and know the laws and your rights.The owner of the actual loan and who services the loan could be the same or different entities all together.The point of contact will be the loan servicer and they will contact the owner of the loan directly.Whether a bank wants a property back will depend on costs to foreclose versus a DIL and if any post redemption rights exist which the seller could waive giving the property back to the bank.If there are a bunch of additional liens attached the bank will generally foreclose to wipe those out unless the junior liens agree to release for a tiny amount say 1,000 or so.First step is to get and ATH(authorization to release) and get it to the bank for permission to speak about the account with the servicer.With the account being current they won't be that motivated.Usually you are in customer service,then after a few lates you will go into collections,and then loss mitigation before foreclosure attorney gets involved.