I was under the impression that usually the lenders can call the loan due if the mortgage is assumed by someone else in a wrap around loan etc...

My impression is that there would be less of it but more educated so maybe harder to find the great deal.

Your client is in no way committed to taking out a loan for the amount stated on a pre-approval letter (see note below) and it gives the impression that the buyer should get their financing no problem so they won't be slipping out of the contract through a financing contingency. aka listing price is $250,000 and client is pre-approved for $575,000 in funding suggests they are nearly guaranteed to get 250k they need.2) Get a "fully approved" letter from a mortgage company, not just a "pre-qualified" letter.

The front does need help, that first impression thing is so true, they won't even drive by with the pics of the front the way they are.

That foot in the door.My friend is getting his novel published with the help of a professor who was impressed with his work.You can always build your business and go to college at the same time.

@Cameron Norfleet I am totally impressed!

I am under the impression that you only need to provide a waiver and educational information to the new purchaser?  

I managed to impress the lawyer mentioned above with my "knowledge" at the juncture.  

Some who carry the checkbook leave others with the impression that they only want to hear what they want to hear.

MehranI just read your profile and I highly suggest you read this:http://en.wikipedia.org/wiki/Analysis_paralysis