I'm not a lawyer, but unless you both mutually signed an agreement listing the conditions of how the deposit would be held/returned, I don't think you're entitled to any of it.

So, it made more sense from a division-of-work standpoint that she get the license instead of me.Regardless, since we are partners and own our company jointly, I'm pretty much held to the same standard she is now with respect to transactions done by our company -- even though I'm not technically licensed.All that said, I've taken the licensing course already, and will probably take the test in the next couple months, meaning I'll be licensed as well, just because I'm a control freak and like having the option to do some of the "agent stuff" that she normally does.

The market and the economy is more or less being held up by the mining/resource sector, which has shown signs of a potential slow down recently.

It depends on how title is held, the interest that the partners have in the property and your agreements amongst yourselves.

You should inquire of lenders what their loan terms are for investment property being held as a rental.

If a loan is held as follows in the following large hundreds of loans portfolio: BofA, as Trustee for Washington Mutual mortgage certificate pass through 2007"

Yes I can tell you deals are owner financed for a reason.Either they do not want to get hit with stiff taxes owed or they are passing off a property with issues.Owner financing is great especially if you get nothing down and just pay closing costs.As long as you have not signed a personal guarantee,cross collateralization of other assets,or made the loan recourse in another way you can walk away unscathed if things go bad.What you will have is time put into the deal fixing the problems and even with no money down have to ask yourself what the return will be for the time invested fixing the problems.I see many owner finance deals I would not touch with a ten foot pole.They are wanting 20 to 25% down.It's better in that case to pay 30% and drive down the price harder with bank financing.One price - all cashOne price - Bank financeOne price- owner financeOne price- Hybrid of bank and owner held secondSo what a seller will accept and what you will accept and pay vary greatly by the circumstances involved.I will say good luck in finding a bunch of smoking hot deals in seller finance.If they are that low they will go for cash real quick instead.The imputed interest provision is real.Sellers do not want to go below prevailing market loan rates as you can get penalized for doing it.There are many other ways however you can structure the deal once you have the interest rate down as low as possible to add value to your purchase.

However, your collateral is usually held in the form of a 12month CD and your credit card is usually a short term loan.

The issue is that the Deed is not held by the mortgagee.

In that agreement you will have the buyer make a quit claim deed in the event of default that will be held in escrow.