Question: When the mortgage company sells the property to an arms length 3rd party, and the Bank pays the 1% or 12 month assessment at closing for the HOA fees, can the HOA try to collect from the new buyer?

Commercial/ Portfolio loans are all 15 year with a 5 year ARM, and have fairly high interest rates.  

.- The original purchase must be an arms length transaction to qualify for delayed financing.- The original purchase must be well documented (assets used to purchase the home must be verified), and proceeds from the refinance must be applied toward the original source of funds.

Put in your head a portfolio 5/1 ARM. 

You may have to explicitly state the contingency period excludes the appraisal.  

My lender is pushing for a HELOC (ARM ~5-8% after remortgaging to remove PMI), but also has HEL (fixed 4% - after remortgaging to remove PMI), OR I could Cash-out Refi, by rolling what I think I will need into the new mortgage.

IMO, there is no need to pay for expensive branding (Re/Max charged me an arm and a leg just to hang my license with them) and no need to opt for all the KW free training when you can get training just about anywhere for free (there are SO many great online resources and tons of free CE).  

Send them a notice of Obvious Damages, itemizing what you've seen.When they move out, fix and deduct from the security deposit.btw: It's a bad idea to allow tenants to perform repairs - - explicitly prohibit this in your lease.

Thanks everyone for welcoming me with open arms.

See Benton, 197 F.2d, 745; Lester, 32 TC, 711.Use arm's length lease-option documents along with the counsel of qualified professionals.