Thanks for that info.I was told, not being a pro at this, that the developer has tied up the property and will try to get me to lower the price.Being that I believe this to be true, and don't want this to be tied up for another 2.5 weeks, can I get out of the contract based on the fact that the buyer did not make the earnest deposit within the 3 day requirement AND the deposit was less than what was specified in the contract?

I was absolutely blown away at the thousands upon thousands of colour choices that one has, but was relieved when I finally managed to match my tile colour with a wall and cabnet paint.I am pretty excited to see how this beautiful kitchen island will fit into the overall design, and am really chuffed as to how this has come out.

Brian,Very true. 

Lenders are getting creative in the marketing of their product because there is so much competition in today's real estate market among lenders ( a good thing for investors ) but the old saying is applicable "if it sounds too good to be true it probably is". 

I think that would only be true if they have executed a listing contract with the seller.  

Not exactly the proverbial B&B concept but....We knew a couple of guys that had a large beautiful home & did the B&B.

I try to keep emotion out of deals, but it has the the feel of too good to be true and just wanted to here some other people's thoughts.

That is true.  

I own apartments in the beautiful city of Ogden.

Scott,What Michael said is true.