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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	How many step are there leading to the top of the Eiffel Tower in Paris, France?
A	Visitors who walk to the top must go up 1,792 steps.
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Your Team Don Day, REALTOR®, real estate agents and broker for Murfreesboro, Smyrna and Shelbyville, Tennessee home listings, property and land for sale - NUMBER1EXPERT(tm)

Your Team Don Day
Team Don Day Prudential Rowland Real Estate
3173 S. Church St.
Murfreesboro, TN 37127
Don Direct: 615.406.7348
Fax: 615.278.1705
Office: 615.278.1700
Chris Direct: 615.406.1212
donday@NUMBER1EXPERT.com
Don is the Team Leader and has been selling homes and property in the Middle Tennessee area since 1993. He has helped more than 2,000 families buy or sell real estate since that time. Don is retired from the United States Air Force after 20 years of service. He is ranked in the Top 3% of all realtors in the Prudential Real Estate Companies in the world and has been since 1998. We believe in the Team approach because it provides our clients and customers with the best service possible. There is no extra charge to our clients for our enhanced services and representation. Prudential Rowland Real Estate 2006 Agent of the year South Church Street.

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