@Vijaianand Thirunageswaram Regarding your returns, I notice that you are a broker, do your returns include the commission you earn on the sale?

https://www.housingwire.com/articles/43373-fannie-...Very good article. 

One was redeemed...I received 18% interest less the processing fee and my lawyer's fee for the noticing process. 

TIA.If you want this house (that's the first question) and it has some cosmetic deficiencies and it's in a great neighborhood, I would offer him a lower sales price (like 30% lower if that's more in line with what the property will appraise for), take his financing if:there is no prepayment penalty and it's 100% financing the cash flow is acceptableand then refinance it with a lower rate product with no seasoning on title or wait out the conventional seasoning period and refinance it with a Fannie Mae loan. 

Others have added an additional fee to tenant bill.Any change in rent (including adding utility costs) must be in writing usually with 60 notice.  

Is that what the 90 day notice does?

I'm noticing a pattern.   

If there is no other language regarding the financing contingency And they did not give you a notice of termination by 5/18, or get a signed extension, then they lose their EM. 

On my side as a residential lender, we sell to Fannie and the big banks to recoup money to lend to the next family.

Seattle requires 60 days notice that you will not be renewing.