Everyone is happy and it avoids extra costs involved with using Banks.

Usually the lending amount is a percentage based on the LTV (Loan to Value) or LTC (Loan to Cost). 

I believe the lone sets are usually (always?)

It happens and it's not something anyone would like to have happen but usually from the lack of funds it does happen. 

Governments don't usually build residential roads.....a developer builds and pays for them, then turns them over to the gov't.

Is buying a newer property worth that extra money?

After trying to reach him all day yesterday (former mortgage contingency date), he finally called me at 7PM with his usual completely unfounded confidence and said that the file should be through U/W by Friday and we’ll close next week.

Now of course being a developer I risk the building plans and other cost Usually 5 to 10k per home. but that's just the cost of doing business and we pretty much hit 99% success. but there are instances were we lose money because permits are not going to be issued.. but again just little hiccup and easily eaten.When I am doing my larger developments.. 20 to 50 lots..

I usually send my clients to Agave Properties.

He is a investor obviously so may be open to financing, multi fam owners usually are open to this more then single family owners.