The 9 relates to violations of recorded restriction, encroachments and excroachments (generally you need a survey for that coverage) and forced removal of an improvement encroaching into an easement excepted in the policy and damage resulting from the exercise of mineral rights.ALTA Endorsement 9-06 (Restrictions, Encroachments, Minerals - Loan Policy) Revised 04-02-12 Technical Correction (08-01-16; 12-01-18) (virtualunderwriter.com)ALTA Endorsement 8.1 (Environmental Protection Lien) (virtualunderwriter.com)

It's a math exercise. 

As the Optionor, my concessions start at 3% if exercised within first 12 months and decline if exercised later.  

He gives them 3 years to exercise the option to buy, during which time they can work on improving their credit, saving money, and whatever is needed to help them secure traditional financing.

I would not say this was a failure...rather an exercise in good business practices.

There's a rope pushing exercise (from my experience anyway)...

My idea is to enter into a Lease Option contract with the seller and take over their loan payments without receiving any equitable interest in the property until I exercise my option to buy, so as not to trigger the 'due on sale' clause in the mortgage. 

Even if an agent is involved for a property with large DOM, offer them 1/2 month rent as commission or if needed commission upon sale to tenant buyer if they exercise the option.In a hot market, anything over 60-90 days is game.

I also put in the agreement that the price goes up 10% each year they don't exercise the option. 

Finally worked, after w-2s, taxes, months of bank statements from every account, credit report, letters of intent, months of paystubs, p&i statements for llc, repeated inquiries about my full time jobs bonus structure, utter confusion over vested stock options, multiple statements from brokerage accounts, more paystubs from specific periods (to understand bonus vs option exercise).