With all your clarifications regarding agents, I was just a little confused on one of your comments and had to take a step back to understand what you were trying to point out.

Even in a traditional transaction, I've learned to ALWAYS pay the insurance at closing to avoid any confusion about when the policy should start.

If that's confusing, do the math in the other direction.

They tend to be overpriced and selling a sub par product that nobody would buy regardless of how much advertisement I put behind it....Even more confusing is the concept that wholesalers can somehow buy these underwater homes and convince a rehabber into buying them...

I think there was some confusion there.

(And Friedman)I found most traditional Macroeconomic textbooks to be confusing and fairly useless, unfortunately.

I'm confused about this because when dealing with probate/estate properties, lenders have been difficult to impossible to work with...even if you are an heir with a deed and/or court order.

That will spell out what happens to any deposits and earnest money and provisions and protections built in.If you do not understand specific language in a contract or what will happen then you should not sign it until you do.Sadly everyone gets into a contract and then does damage control later on.Saying to a judge in court "I didn't understand what I signed your honor" will not fly.They will come back to you doing your own due diligence and if you didn't sign you wouldn't be in this positions.Also make sure you are not confusing earnest money with lender fees required upfront to fund a loan.Those are generally non-refundable but again review all docs you signed.If a real estate broker/agent was not involved in the contract do not expect them to give legal advice.Some nice attorneys might let you e-mail a copy of the contract to them and spend a few minutes on the phone with you.If you need something deeper than that expect to shell out some coin.

Does that make more sense or am I still confusing everyone.

Hi everyone,This may sound like a stupid question but I'm a little confused between lease option, lease purchase, and subject to.