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Top 10 Mistakes Buyers & Sellers Make ...
Whether you are looking for a new home or interested in selling your current home, you deserve the best advice in order to maximize your gain during your real estate transaction. Please fill out the form below and we'll send you the information on the mistakes you want to avoid when it comes to real estate. We look forward to hearing from you and helping you with your real estate needs. 
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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Where and when was the first motel introduced on the American commercial real estate scene?
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| A |
The first motel, appropriately named the "Motel Inn", opened in San Luis Obispo in 1925. |
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The Jamie Silverman and Kim Panes Team
Weichert Realtors
505 Millburn Avenue
Short Hills NJ 07078
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Email Kim: kimpanes@gmail.com
With many years of experience in residential real estate, Jamie and Kim are Top Producer Realtors with Weichert Realtors. They specialize in Essex, Union and Morris counties of NJ. Contact us with all your real estate needs.   
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