But after the closing costs on the loan, title insurance is the next biggest ticket item at the settlement table and it's almost never cheaper for the buyer to pay that to save elsewhere.

The deal was cancelled by homepath at the end of June a couple days before the second scheduled settlement date, due to title issues with the property.

I should be getting the final HUD-1 settlement statement on Monday.

SETTLEMENT SHALL TAKE PLACE WITHIN_____ BUSINESS DAYS, OR ON________.

Listing agent does not have access information, neither does bank.I'm wondering what I should do after settlement.

That would be a violation of the Real Estate Settlement Procedures Act (RESPA) and they could both get fined and lose their licenses.The primary reason a real estate agent recommends a specific lender is because they have a good track record with them.  

To get the answer you need to know the comparable sales, the mortgage balance and other encumbrances attached to the property.Add - Subtract - Total = Equity  (sort of)Some basic questions:How fast do you want to get to the settlement table?

I had gotten a cashiers' check for the same amount of settlement which was wrote against the card, is this the same as an cash advance? 

I would do a lease purchase1-lease with first and last months payment2-sale and purchase agreement, settlement delayed for 12 months, 3% down is money not refundable, earnest money3-get tenant to fill out a 1003 Mortg app, go to RMLO and get pre approved4-set up savings at your bank, auto withdrawal , tenant depositing extra money for earnest money closing costs, see title co for example costs to sell5-any good landlord tenant eviction attorney or property manager for lease6-sale and purchase see title co

The 'threat' of the specific performance clause in reality is used to get the seller a better cash settlement than they would get without it as opposed to actually getting a court order for the specific performance.