Have a good weekend,Melissa B.I’m missing something.

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.

Meaning that if you fund a $5K EMD and then decide not to close you lose the EMD, or you pay for an inspection up front and risk missing out on the deal while you're waiting for the report.

I saw the market going up while renting in the area and didn't want to miss the opportunity.

I advise all of the people that want to buy another property inside of a year to use a Wally Wrap because they write a wrap around the wrap so that the seller has an asset to show their next lender.

it's been a while since i tried to fight this fight, i'll look into it more again tomorrow to see what updates ive missed!

I will say you do enough underwriting and something will eventually get missed (my last rehab was my first to go way over budget due to various reasons so I am not perfect).  

I might be totally wrong in my thinking, what am I missing?

@Jason Proulx I think your missing the entire math of things here. 

I have missed out on rent from an empty unit.