Old Irving Park, Independence Park and Portage Park real estate and homes for sale in Illinois, Investment Property, Luxury - Tom Brandt's Team, REALTORS® Tom Brandt's Team REALTORS(r) for Old Irving Park, Independence Park and Portage Park, Illinois real estate, Investment Property, Luxury - NUMBER1EXPERTS™ Tom Brandt's Team NUMBER1EXPERTS(tm) for Old Irving Park, Independence Park and Portage Park, Illinois real estate, Investment Property, Luxury
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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
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What is the most populous state in the United States?

A 
California, with 35.9 million people.
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Tom Brandt's Team, REALTORŪ, real estate agents and broker for Old Irving Park, Independence Park and Portage Park Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Tom Brandt's Team
Keller Williams Realty Professionals

3752 N. Kostner
Chicago, IL 60641
Tel: 773-230-6997
Fax: 866-347-1813
Email: tom@tombrandt.com

With over 16 years of real estate experience, I have formed a team of real estate professionals to aid me in providing the best possible service. With my team, you can rest assured your real estate experience will be stress free and handled with care.

CRS Equal Housing MLS REALTOR


Keller Williams Realty Professionals real estate and homes for sale in Old Irving Park, Independence Park and Portage Park Illinois

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