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All agents are NOT alike! Find out why I am a top real estate expert. Call me:951-858-4059

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I REPRESENT YOU, NOT THE BUILDER!
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Real Estate Tips
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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Real Estate Trivia
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What three things are necessary in order to purchase a home?

A 
Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible.
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Donna Richards, REALTOR®, real estate agent and broker for Corona, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Donna Richards
Keller Williams Realty

24445 Lupine Lane
Corona, CA 92883
Cell: 951-858-4059
Fax: 951-268-8000
main: ruffyrichards@aol.com

My optimistic attitude, caring approach and professional expertise are why clients keep coming back and recommending me to their family and friends. With my solid experience in real estate sales, I have upheld the time honored practice of putting the customer first! Whether you are purchasing for the first time, wish to upgrade your current property or are relocating to area, my sound real estate direction, accurate property evaluations, and proven marketing game plans, tough negotiation and open communication, guarantee results every time!

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