Can I also say It's not refundable if you decide not to take it, but will be if you do move in and then will be used as a security deposit? 

This is great information to move forward with!

In other words, if you wait until the end of the month and realize they haven't moved out, you then have to start the eviction process which would make the time before they move out and a paying tenant moves in longer.

It is very nice to see 30-yr mortgage rates moving below 7%!

Totally stressed out when starting out, but everything worked out and I repeated the process a few times since.

Hey community,It’s taken longer than expected but I’ve been moving forward with a potential off market deal with a 4 unit (garage could be rented as alternative space). 

If not, she will eventually find a new place, stop paying rent, string you along, and then move out in the middle of the night leaving you with a vacancy, past due rent and most likely a mess and damage to the unit.  

If you know that you have a buyer for a 3-2 in that market, in that condition, it makes the whole process easier. 

If so that can work in very specific red hot markets.. however experience has dictated to me over the decades that land can take a long time to sell .. many times has to be sold on contract to move it.. or if its cash you have to have the lowest price parcel of any similar ones on the market to move it timely for cash..

@Redgy Saint-Germain I'm currently in the process of a 203k loan and my mortgage officer said they would apply the left over balance to my mortgage balance as a principle payment, but the monthly payment would stay the same.