Corona, Riverside and Lake ElsinoreCalifornia real estate listings, home buying, selling and relocation information

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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 is the world's tallest monument?
A	The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high.
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The Goodman Group, REALTORŽ, real estate agents and broker for Corona, Riverside and Lake ElsinoreCalifornia home listings, property and land for sale - NUMBER1EXPERT(tm)

The Goodman Group
Prudential California Realty
160 W. Foothill Pkwy, Suite 101
Corona, CA 92882
Tel: 951-898-2635
Cell: 951-454-3913
Fax: 951-898-2639
Email: KeithGoodman@NUMBER1EXPERT.com
I have the professional knowledge, hometown know-how, and a proven track record with hundreds of happy customers. I am in the top 3% in real estate sales (I can prove it!), and I am continually keeping myself abreast of the current changes in the real estate market. I am family-oriented and I say, "family comes first." I love to serve the community as a Cub Scout Master. I find great pleasure in making it possible for you to find the home of your dreams, and when you move in, you can use my moving van. Whether it is the home you are selling, or the dream you are buying, find out why Corona and the surrounding Riverside areas trust the Goodman Group.

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NUMBER1EXPERTS™ in real estate for Corona, Riverside and Temecula, California, specializing in Eagle Glen and estate properties

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