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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. See All Tips In The "Financing Your Home" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  Who is the world's largest landowner? A  The United States government, with holdings of 728.8 million acres of land. See More Real Estate Trivia >

The Premier Group The Premier Group of Oshkosh, Inc. 3475 Omro Road Suite 100 Oshkosh, WI 54904 920-379-9749 Fax: 920-236-3807 premiergroup@NUMBER1EXPERT.com Kevin Purtell is the Broker/Owner of the highly dynamic and effective Premier Group of Oshkosh Inc. and part of the team of 15 full-time dedicated sales people within the company. Kevin has been actively licensed as a broker since 1980. In addition to his residential listing and sales specialty, Kevin has been involved in 5 topnotch residential developments and recently began developing commercial property. www.premiergroup.com is brought to you by The Premier Group NUMBER1EXPERT™ in real estate for Oshkosh, Omro and Winneconne, Wisconsin Read The Premier Group's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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