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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.

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Q	What does the term Curb Appeal mean?
A	This term describes how homes look from the street; this first impression is very important to prospective homebuyers.
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Home Loan Specialist, Inc.
For all of your mortgage needs, call Jack Schwartz, loan officer
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Sandy Pattock-Beeler and Team, REALTORŽ, real estate agents and broker for Plymouth, Canton and Northville Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Sandy Pattock-Beeler and Team
Coldwell Banker Preferred Realtors
44644 Ann Arbor Rd.
Plymouth, MI 48170
Direct Line: 734-416-0134
Fax: 734-454-4517
Email: SandyPattockBeeler@yahoo.com
Sandy Pattock-Beeler and Team have become the Realtors of choice in the Canton, Plymouth and Northville real estate markets for one reason, they provide each and every client an unparalleled commitment to the highest level of Personalized Service, Loyalty, and Professionalism. Sandy Pattock-Beeler and Team continually strive to exceed your expectations, making your real estate transaction a pleasureable and stress free experience, whether youre Buying, Selling or Relocating. Sandy is the recipient of Coldwell Bankers International President Premier the highest possible award for a sales associate, ranking in the top 1/2% out of 120,000 agents worldwide, and consistently achieves the #1 agent honor at Coldwell Banker Preferred Realtors. Sandy Pattock-Beeler and Team specialize in residential resale and new construction working hand in hand with local builders and developers. Call Sandy Pattock-Beeler and Team for all of your Buying, Selling or Relocation needs. We also provide leasing and rental management assistance.

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NUMBER1EXPERTS™ in real estate for Plymouth, Canton and Northville, Michigan, residential resale, new construction

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