i was worried about the family clause . does that prevent me from making an offer on my grandparents

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Explain a 48 hour kick out clause

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Explain a 48 hour kick out clause

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Deed restrictions with a morality clause

Hello,

We are interested in purchasing a beautiful lot in an established neighborhood that’s currently owned by a church. It’s deed restricted for single family construction, which is all well in good. However, the deed restriction, which was written in the 1950s, includes a morality clause. The troubling paragraph begins by listing specifically prohibited activities such as liquor sales, but ends with the overly broad and onerous statement, “…nor shall the property or any part thereof be used for illegal or immoral purposes.” We’re a gay couple, so we’re concerned that this vague language could be used against us in the future — especially in a state that’s not known for being particularly gay friendly. Any advice on if, or to what extent, we should be concerned about this language? Also, is it possible to submit an offer with a contingency that requires an amendment to the deed to remove the word “immoral?”

Thanks, very much, for any advice or suggestions.

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Fannie mae clause for Condo loan approval

To get the condo loan approval for refinance, whether the entire project have to be completed? My condo was completed 2 years back in 2nd phase. but since the project is big, last phase will be completed in 3 months. I was told that I can’t refinance if the condo project is not complete.

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