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Welcome > Resources > Ask Anything ...
Do You Have a Real Estate Related Question? We Will Email You an Answer Quickly. As top Omaha, Bellevue and Papillion real estate experts, it's our job to help! Please take advantage of our experience and knowledge. Ask us anything about: - Any particular home that is or was on the market. - Neighborhoods and local market trends. - Local demographics and the economy. - Tricks and traps when buying real estate in this area. - Special tax considerations regarding real estate. - Specific questions about contracts, escrow, and closings. - Anything real estate! It's our job to know EVERYTHING about real estate! Ask us anything. There are no dumb questions! It's FREE, and we promise to get back to you quickly...
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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Where is the world's largest wine cellar, and how big is it?
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A company in the center of the wine-growing district of South Africa has a cellar that covers an area of 54 acres and has a capacity of 27 million gallons. |
See More Real Estate Trivia > |
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The Omaha Houses Team Prudential Ambassador Real Estate 13340 California Street Omaha, Nebraska 68154 Direct: 402-496-7499 Office: 402-493-4663 Toll Free: 800-376-3799 Fax: 402-498-2672 Bobbi Leibowitz: Bobbi@OmahaHouses.com Cathy Blackman: Cathy@OmahaHouses.com
If you are considering relocating, buying or selling real estate in the Omaha metropolitan area and the surrounding suburban areas of: Bellevue, Blair, Elkhorn, Ft. Calhoun, Gretna, and Papillion, you've come to the right place -- The Omaha Houses Team.
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