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FREE Packet On Foreclosures!
What do you know about foreclosures? You may be very eager to go forward on one, but not sure where to start. Well, I can help you! Let me share all of my knowledge with you about foreclosures. Better yet, if you ask me about it on the form below or if you call me I will send you my tips and insights about foreclosures and pre-foreclosures.
Financing Your Home >Financing Contingencies
Standard real estate purchase agreements usually contain language that releases the purchaser from an agreement if they are unable to get financing within a specified period of time. This contingency includes a full return of the earnest money deposit. If you are buying a home, you should read the financing clause carefully and be sure that you fully understand the terms of the agreement.
You are usually required to apply for your loan promptly and to comply with requests from the lender for any documentation needed to complete the loan application. The contract will also set a time limit by which you must have loan approval. If your lender cannot meet the financing deadline and needs additional time to complete the loan, you must ask the sellers for a written extension.
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| Q |
What amenity do 48% of all homes in the new housing market have?
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| A |
48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths.
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- NUMBER1EXPERT™ 
