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Oh, yeah. If it is to pre-approval and can lock in the rate for 90 days. Then there's no harm at all :) I've personally done this many times.

When you lock in a rate, this means you are committed to a mortgage. The total mortgage amount is locked in the moment you signed a mortgage to buy or refinance a house. This amount will not change if the value of your house decreases. E.g. you bought 400K house and signed in 320K mortgage, then...

However, this will lock in the uber high mortgage as well? The rate will go up and down, but the total mortage amount will be locked in the moment you buy.

Or I should tell them "if i find out you enter my unit, without legit reason, i'll kick your ass... real hard" :D

For Fire/Flooding concerns, I do understand that there's a need. The part about how maintenance fee will go up, if they don't have the key just doesn't make sense. My concern was how they can ensure that they only use the keys in emergency situations such as fire or flood. As the letter...

Hi Everyone, I just closed my first condo couple of weeks ago, never have been a condo owner before. Yesterday, I've got a mail saying that Condo Management Company would like to have a copy of my unit's keys, in case there's fire or flooding, also it stated that contractors now have to spend...