Technically a bank holding the mortgage has the right to perform inspections but they really rarely exercised.

If they are reluctant to do this it may be wise to offer a payment if you need to exercise the option to extend to show the seller you are serious about refinancing within the 6 months and will only ask to extend if necessary.

I do this with the fat tenants as I figure them running is the only exercise they'll get all month. 

6 days ago I entered in to a contract with a seller, my contract has a inspection contingency and a counteroffer contingency, I am well within my 10 day due diligence period and I have decided to exercise my inspection clause after my partner pointed several concerns a counteroffer was also made and the seller turned it down, I emailed him with a written notice of cancellation, I went to the title company and they basically said that he has to give his  approval to refund my EM, now the guy is dragging his feet and doesn't answer his phone when I call, and the title company says that their attorney has to look over the contract and decided how my EM should be disbursed!

Clearly this doesn't fit your budget (nor would it fit mine for a larger building), but seeing as our tenants recently exercised year three of the potential four year lease (with slight rent increase for year three), it was well worth it!

Account ClosedHi Gwen, the house is a 3 bedroom with one room downstairs converted to an exercise room.

Or, do people who exercise their constitutional rights scare you?

Under the presumption of retalaition, the courts will presume that the landlord is illegally evicting a tenant if the landlord evicts, doesn't renew lease, or raises rent 6 months after a tenant exercises his rights.There was an incidence that would be in the 6 month timeline before the lease ends where something broke and the tenant didn't contact me through the proper channels as laid out under the lease and then hired somebody to fix it the next day before I had a chance to fix it.

Exercising either one, you can cancel the loan without any penalty.As a buyer, I suggest you become a bit more proactive in your purchase.Next time govern yourself accordingly, or it may cost you a lot of money and headache.

In Alabama, a lienholder must redeem from the tax sale before it can exercise any rights under its lien--foreclosure, execute on property, garnish rents, etc.