other commitments

Actual properties may not be as nice as pictures, or neighborhood may not be as nice as expected, etc.So, my question is whether there is any way for me to have an agent hold properties for me without my legally committing to purchase them by signing a contract.

Since the building of the Hollywood & Highland center real estate has only gone up and many new luxury condominium developments have started to appear stretching out eastward.Without looking up statistics, but from my personal observation, I would say that the crime in Hollywood is mainly committed by people from other places i.e Compton etc... and a combination of a thriving night life which unfortunately involves drug trading.

Most contracts have a "loan commitment deadline".

If you are talking about getting financing and buying something near market value, you are commiting suicide and you wont last long.

Those that have already committed for lunch tomorrow(thurs), how about Johnny Rockets instaead?

Best case nothing would happen but I am still committing mortgage fraud.

Once you sign the PA obviously they will then do the normal title search & commitment, etc which will insure clear title.

Not saying what you want to do isn't right, just saying there are other options and considering the real commitment involved with real estate, you should do yourself the favor of knowing as much as possible about what is out there.

The commitment letter actually noted that the lending institution could require personal guarantees for 25% of the original principal at their discretion... but they opted against it for some reason.