Your lease agreement may or may not stipulate an interest rate paid, but I personally feel a fiduciary responsibility in that scenario to do all I can to protect THEIR money. 

The agreement stipulates that the agent will first attempt to collect their portion of the commission from the seller or their representative.P.S.

@Alvin Sylvain It is a SFH, I definitely need to update the lease to reflect the $100 repair stipulation.

Yes if you secure a Fannie or Freddie multifamily loan you can get 30 years with many stipulations. 

Now underwriting is denying my duplex home loan due to Fannie Mae requirements stating I need about $84K, the requirement was not added as a stipulation on the SFH even though both properties went through this "mirrored" loan process. 

I know agency allows for higher LTV but are there other stipulations with them?

(Appraisal stated that certain repairs-such as adding a stove that is missing, sheetrock repair and touchup paint must be done before home reaches appraised value-contract price $85600-appraised value after about $1500 in repairs $97500) Original appraisal came in at $90,000 with no stipulations but somewhere along the way the appraisal was revised with stipulations.

Because he mentioned that he had seen one of the properties a few months ago when it was in foreclosure (made an offer but didn't get it) and he was willing to cut his contingencies to 1 day of due diligence and nothing else.The buyer who offered $206K had LOTS of contingencies and stipulations, including 10 days due diligence, appraisal, proof that the subdivisions would allow the houses to be rented, we had to provide clean termite letters, we had to have utilities on for inspections, etc.

I put $500 earnest money and bank countered and I accepted counter . they stipulated that if I could not close by 8/20/12 they would be entitled to $100 per day. i am ready to close they cannot get title cleared in time and title company now estimates not closing before 08/28/12 as there is an issue with sheriff sale not being recorded properly.

You have the right to enter the unit (pursuant to whatever your State's landlord-tenants laws stipulate for notice/timelines, etc).