A buyer who is sure he can qualify for a mortgage would like to make an offer. The buyer does not want to forfeit any earnest money in the event the loan is denied. The buyer should

A purchase-money clause pertains to the terms of financing and does not specifically address the buyer's concern about losing earnest money if the loan is denied. While relevant to financing, it does not provide the necessary protection against loss of earnest money in the event of loan denial.

While obtaining a pre-qualification letter can strengthen a buyer’s position and signal their ability to secure a loan, it does not guarantee that financing will be approved. Therefore, it does not protect the buyer from losing earnest money if the loan does not ultimately get approved.

Requesting a waiver of lien is unrelated to the buyer's concern about earnest money forfeiture. A waiver of lien would involve the bank relinquishing its claim on the property in the event of default, which does not address the buyer's need for assurance regarding the mortgage approval process and protecting their earnest money.