The reason U dont want it to go in as EM is it takes all parties to sign off to return your money.. if the wholesaler cant perform and pisses off the seller the seller may just bow their back up and not sign the cancellation and release..

If you have a Authorization to Release or a POA the lender may tell you if you call.

They will not release the final retention of 10% until the project is complete. 

They may decide to buy a house or get a job of high enough quality that they do a background check on them and they need to get the judgment released in order to qualify.  

Had to hire my own attny to have Diamond release me from a fairly draconian agreement.

This request adds a great attraction for your STR but could potentially put your property in a flood plane depending on how close you are to that specific body of water.

I don't know the order of payment, but if the old PM still had some of my money (or my tenant's), I'd only pay them part of the cancellation fee and either tell them the rest was coming after they released the money.I'd also tell the tenant who they tried to evict under false pretenses to leave a google review for the PM to warn others.

You should carefully review the terms of the loan, before you agree on proceeding with the loan process. ...Here is the TERMS AND CONDITION review and get back to me immediately.{1} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred, the loan is charged at 3% interest rate.{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately. {3} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken. {4} Note: As soon as you in agreement with the terms and condition below your loan will be approved by the governmental body so as the loan papers can be processed. {5} Note: The borrower will be responsible for the loan processing/documentation fee and this is the only fee expected to pay for this transaction to have your loan transferred to you as soon as possible, NOTE: This payment will not be deducted or added to the loan IT IS PAID UPFRONT $1075.00. * Your inability to pay or agree to the payment of the upfront fee, means you are incompetent of repaying the loan.

As a borrower you want to know how a lender will handle the construction loan administration including draws, contingent fund releases etc.,  and you will get a better feel for this if you’re directly communicating as opposed to going through an intermediary.

https://www.prnewswire.com/news-releases/ben-caballero-becomes-the-worlds-first-2-billion-real-estate-agent-300793822.htmlBen Caballero Becomes the World's First $2-Billion Real Estate AgentTop-Ranked Realtor® 2018 Sales Totaled Nearly 5,800 Homes for a Volume of $2.27 BillionHomesUSA.comFeb 12, 2019, 09:00 ETDALLAS, Feb. 12, 2019 /PRNewswire/ -- Ben Caballero, the first Guinness World Record holder for home sales, broke his world record for an individual real estate agent, selling 5,793 homes totaling $2,270,911,643 in a single year.