|
All agents are NOT alike! Find out why we are the area's top Avon, Ohio & Avon Lake, Ohio real estate experts. Call us!
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
The Kodger Team are some of The
Top Selling Real Estate Experts™
Find Out More > |
|
Do not be concerned about joining our ever growing list of clients! If you do not feel that the information you receive is of value, there is an opt-out feature at the bottom of every page.
So we may serve you better, please tell us how you found us:
Real Estate Contracts >Deadlines
Both buyer and seller should be aware of all of the deadlines in their purchase agreement. Each contract is different, but there are usually time limits covering the structural contingency, the financing application, the loan commitment, and the closing.
If you are a careless buyer, you could lose your right to ask a seller to pay for needed repairs. There may be a limit on the time the seller has to respond to the buyer's request to complete repairs that are not required by the contract. Failure to apply for your mortgage on time may place your deposit at risk if the loan is denied. In many cases, the agreement can be declared null and void by the seller if financing is not approved within the time frame set forth in the contract. A delayed closing can cost the sellers money, and they may ask the buyer to reimburse these expenses.
Work closely with your real estate agent to ensure that all of your transaction deadlines are met.
|
| Q |
Where will you find the world's largest indoor waterfall?
|
| A |
The lobby of the International Center in Detroit, Michigan has a waterfall of 114 feet, backed by 9,000 square feet of marble. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERTS™ 
