The mortgagee has a claim on the title that he can exercise by foreclosure on the mortgage. 

Beyond that, carrying - whether concealed or open - is mostly an exercise in machismo, since the vast majority of individuals that carry are men.

Fortunately I have never had to exercise plan b.  

Account Closed In that case, the option fee would not be taxable until the option is exercised or expires.

• Is it non-refundable consideration for the option itself,• credited/deducted from the future purchase price if the tenant exercises,• or refundable under certain conditions?

But this is a good thought exercise.  

But this was a good exercise and I ran some rough numbers and it appears to be around 10% So now that you see your paying as much as 10% of your profits to all the 3rd party apps does that make you second guess all these extra fees?

Before getting into applications and tools, What are the steps:- Initial contant- Filter between "Call again" and "Don't Call Again"- "New List"- Follow up with "Call Again" in "Follow Up List"If they aren't ready yet (not qualified sellers) - Mix in with "New List" - "New List" "Call Again" Mixed together for "Follow Up" List Repeat.One part that not fully exercised was prospecting buyers!!

You want to exercise your right to check on the home which would include an interior walkthrough to make sure there are no open valves or [potential hazards in the property. 

@Troy DeLong   So I assume this is a thought exercise you are going through although your first paragraph made me think you had done this.I also assume given the responses you've received about this, you know why Lenders don't want a borrower to have NONE of your own money in the deal.