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All agents are NOT alike! Find out why we are top real estate experts. Call us: Susan at 216-533-1040 or Frank at 440-724-0575
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Get Free Presentation On Our Home Marketing. Before signing a contract with any REALTORŪ, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
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"Because of her earnest efforts, our home was shown to numerous buyers and was successfully sold in a month" "Sincerely, Eddie & Delores Green" Read Quote > View All Quotes >
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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 |
Where can you find the world's largest residential palace?
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| A |
The Istana Nurul Iman, palace of the Sultan of Brunei, includes 2,152,782 square feet, 1,788 rooms, 257 bathrooms and a 110-car garage. |
See More Real Estate Trivia > |
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