We recommend that you check reviews of the lender; Ask for references; If the lender is advertising something that is outside the normal metrics for the industry it is likely a bait and switch. 

I am not sure about the RE laws in the market you are referring too however in the State of WI if there is a property a seller does not perform on contractually, before expiration we have our attorney draft a notice of interest into that property and file it with the county. 

@Luís FerreiraThank you for the references.

These are people that you believe would give you a good reference when they come across someone looking to buy or sell.Contact each of these people at least once a month.

Is the balloon payment the 40k bump at the end you referred to?

Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.

I am going to save your list for future reference.

Hey @Steve Johnson, I found your website but it does not explicitly mention HVAC and I actually was about to ask on the forum if anyone had a recommendation for a furnace repair job... not a big job, one unit in a duplex not working properly.

Hey @Christopher Morris,I piggyback on some of the others, but I'd connect with a referred lender ASAP to go over your options/budget/pre-approval.

That's not what I am referring to.