Scottsdale, Cave Creek and Phoenix real estate and homes for sale in Arizona - Rob Cohen and The Valley of the Sun Team, REALTORS® Rob Cohen the Valley of the Sun Team REALTORS(r) for Scottsdale, Cave Creek and Phoenix, Arizona real estate - NUMBER1EXPERTS™ Rob Cohen the Valley of the Sun Team NUMBER1EXPERTS(tm) for Scottsdale, Cave Creek and Phoenix, Arizona real estate
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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.

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Real Estate Trivia
Q 
What was the first land designated by the US government as a National Park?

A 
Yellowstone was established "as a public park or pleasuring ground for the benefit and enjoyment of people" in March 1872.
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Rob Cohen and Team, Realtors®, real estate agents and broker for Scottsdale, Cave Creek and Phoenix Arizona home listings, property and land for sale - NUMBER1EXPERT(tm) The Valley of the Sun Team
Rob & Cindy

www.Arizona-Valley-Cities-Real-Estate.com
www.valleyofthesunrealty101.com

email:
office@votsr.com
rob@votsr.com


Licensed REALTORS® in Arizona


9500 East Ironwood Square Drive, Suite 101
Scottsdale, Arizona 85258
Office: 480-595-6410
Fax: 480-629-5105

Direct: 480-734-0154 Rob Cohen


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