Looking to start renting our current house (House #1) and live with the in-laws while we shop for a bigger house (House #2).

Lots of successful, smart folks helping others just because.

Because you are smart - your concerns are very legitimate. 

Don’t worry about closing in a week if title searches takes 2 weeks there….no other smart buyer would do it without it.

This is the breakdownLoan CostsA.Origination Charges$1,7820.325 % of Loan Amount (Points)$492$150Application Fees Lender Fees$1,140B.Services You Cannot Shop For$1,044Appraisal Fee$850Attorney Review Fee (TX only)$150$13Credit Report Undisclosed Debt Report$31C.Services You Can Shop For$2,699HOA Transfer Fee$150Resale Package$300Survey Fee$539Title - Document Preparation Fee$50Title - Escrow Fee$425Title - Guaranty Assessment Recoupment Fee$2$130Title - Lender's Endorsements Title - Lender's Title Insurance$1,103D.TOTAL LOAN COSTS (A + B + C)$5,525Other Costs E.

Secondly, I did not shop around for lenders and I need to do that in the future.

Thank you, @Cody Lewis You're probably right, I may need a CRM (I've occasionally shopped for them in past).

:)  There seem to be 2 ways of running big capex expenses for an HOA, the oooogly way and the smart way. 

It’s a shotgun approach to insurance, in that they shop the entire market and find the companies that will accept your risk instead of you, yourself calling 10 insurance companies and wasting your time.

But if he is smart, he will walk away anyway and let you sue him rather than take a loss like that.