In the future you could add in penalties for being late and possibly a bonus for being early.

Like I said before, I have been consuming as much of his content as I can lately (I just started listening about 2 weeks ago) and am thinking of possibly even joining the RAL Room mastermind too. 

The broker/LO misses something that gets caught late in the process and blows the loan up.

They knew the property address once you signed up with them, so to pull that late in the process seems more disingenuous on their side not yours.

And in that case, you would still need to sue but then you can only sue for the unpaid balance of the agreement and you will have to attempt to locate the debtor.I would make sure you have a clause in the contract that states that if they don't make the repayments as per the agreement, that attorney's fees, late fees, interest and some other penalties are payable.

Borrowing from family for a smaller purchase isn't the worst thing.Cash flow has been tough as of late with the higher interest rates.  

Then right away the first time they were late they would have been hit with late fees and a pay or quit notice.

My lot is actually only 75' wide but was grandfathered into the zoning once they made the setback changes (neighborhood is late 1950 builds). 

I have heard a lot of complaints about evergreen from other people lately.

I believe the one benefits most besides the politicians are those low quality tenants that are hard on units, pay late, rough on the neighbors, etc.