They can refuse the wire if not in strict compliance with the approval letter.2) maybe not depending on local custom, you Don't want it to change.3) yes, the bank can refuse another extension.4) You probably will get an extension.

Also, Each municipality has a designated " Administrative Agent " who acts as the overseer for compliance .

As you become eligible for financing you can pull the trigger later.

Start on the ground floor and learn your way up, you can't learn much getting off on the 10th floor listening to someone who has a vested interest in you and some transaction.Things to look out for:Buying or selling with or without recourse, buying a note without assurances from the seller as to compliance in the note as well as the collateral.Pooled investments, these can get into security violations. business partnerships in buying and selling notes can get into licensing issues.

So I can both invest but pull the trigger fast on a real estate deal.

I'd probably try to avoid the quick claim thing - it could trigger a due-on-sale clause.

Although if I find a good property I can pull the trigger on the later end of month 2 and by the time the 30 day closing period is up I normally have the rest.

I found that pulling the trigger on the first deal is the hardest.

My comment was more to the possibility of the requirement than being in compliance with law.

Go ahead and pull the trigger if you think it will work.