He's spending a ton of money, but something motivated him to commit to spending them money when he bought them.

We are 100% committed to it.

The idea being that they don;t want the tenant committing for more rent than they can pay and getting in over their head.

Also, you are not committed until the final approval which is once the bank has accepted the negotiated offer which can be a few months so at least get the ball rolling and then worry about the financing later.

I was commited to shoot through the wall if I could pin point them.

Do you have any advice or experience to share about not having a take-out loan for a construction project that slipped past schedule and exceeded the construction bullet? We are currently pitting a few lenders agains...

It seems very prevalent right now, and I'm just wondering if there is anything I can do eliminate the disadvantage.

As a buyer just make sure you can read over the contract before committing to anything!!

I have not sold mobile homes but I would say in the future it needs to be non-refundable.If they have nothing to lose it's hard to keep them committed to the deal.Instead of earnest money or a security deposit why not turn it into a non-refundable option fee??

Do not commit too much time or money without first testing the waters.