|
|
Real Estate Tips
Financing Your Home >Financing Clauses
Residential sales agreements usually have clauses referred to as financing contingencies which allow the buyers to declare the contract null and void if they are unable to obtain financing. This may be the most important condition in your contract if you are buying a home, so read the contract carefully before you sign it.
Most financing clauses set a time limit of from 30 to 45 days for obtaining a firm commitment from a lender. They may set deadlines for applying for a loan, and require the buyer's full cooperation in obtaining all the information needed to process your loan. If the loan is not approved by the deadline, it may be necessary to request an extension from the sellers or take specific steps to void the contract and get your deposit money back. Be sure to note all of the financing deadlines in the contract, apply for your loan as soon as possible, and be diligent about providing the lender with any documents that are requested.
|
Real Estate Trivia
| Q |
What is one of the most unusually shaped buildings in the world?
|
| A |
The all-suite Arabian Tower hotel near Dubai is 1,052 feet tall, built on a man-made island and shaped like a boat sail.
|
See More Real Estate Trivia > |
|
|
Heidi Hovatter Century 21 Wildwood 22910 Twain Harte Drive PO Box 548 Twain Harte, CA 95383 Cell #: 209-743-3010 Fax #: 209-396-2285 Email: Heidi@SonoraProperties.com
Heidi Hovatter is one of America's NUMBER1EXPERTS™. Heidi will gladly represent you in the purchase of any home in Tuolumne County, including Sonora, Jamestown, Columbia, Twain Harte, Soulsbyville, Mi Wuk Village, Tuolumne, Cold Springs, Pinecrest, and Strawberry. Specializing in Buyer Representation ...she would love to help you find your dream home and add you to her real estate family. Whether you are seeking a family home, luxury estate, vacation home, NEW HOME or RESALE, Heidi and you will find your perfect home together. Heidi represents YOU, the Buyer, you get the benefit of her knowledge, experience and professionalism. “It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin.” 

Real Estate
 Excellence
www.SonoraProperties.com
is brought to you by Heidi Hovatter
NUMBER1EXPERT in real estate for Sonora, Twain Harte and Columbia, California
Read Heidi Hovatter's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
NUMBER1EXPERT®
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|