When the deal is optioned, one can simply walk away, extend their option, or buy it now - wait - and collect later. When the deal is purchased, even if the buyer couldn’t qualify for a mortgage today, doesn’t mean it won’t sell, it’s just a matter of when it will sell. It will merely take a little while longer. Remember, when selling real property with a judgment lien on it, the seller must pay off all those debts to obtain clear title. Whether it’s a first mortgage, second mortgage, tax lien, the list goes on. So, the title company forces this to happen.