Cancellations happen all of the time for a lot of really good, valid reasons: Death in the family, illness, job loss, pandemic, earthquake, flood, tornado, hurricane, and many more.

Until death.  

Conservative lenders, conservative originators.Being under English Law or Napoleonic Law has no bearing on mortgage interests or on marital title interests until death of a spouse, you still hold joint interests.

I was scared to death!

If they do have money or funds available, many are scared to death of losing it, at times I may have concerns but I'm never scared of losing.

The operating agreement should have that and many other things in it to cover any and all circumstances including death or incapacitation of one or more than one partner, physical and financial duties of each, insurance, buy out opps, additional partners, share of membership rights, and the list goes on.I believe the topic here was how to secure bank financing and have all 3 member partners responsible for it, so we should stay on that topic, however, the operating agreement is indeed very important!

It takes a toll on peoples’ health, their families, and their relationships.

Be sure to consider family, spouses, death, estates, delusion, and what to do where there are disagreements.

Check the death records with the state, ask the neighbors when was the last time someone lived there.

Joining the military is NOT a death sentence to your real estate dream.