financing contingency: THE FINANCING CONTINGENCY OF A CONTRACT CAN BE PLAYED LIKE A STRADAVARIUS! - 02/04/10 10:58 AM
THE FINANCING CONTINGENCY OF A CONTRACT CAN BE PLAYED LIKE A STRADIVARIUS!
The FINANCING CONTINGENCY can make or break a Contract of Sale.  Read it carefully.
You may just have to eat that mortgage rate!? Make it a tasty one. by Alan May is loaded with great information for agents.  Alan writes about the fnancing contingency with a focus and good tip about owner financing.
THE FINANCING CONTINGENCY DOES NOT ALWAYS PROTECT THE BUYER.  I have found by reviewing hundreds of contract prepared by agents that the financing contingency is one of the most neglected and least understood paragraphs in the Contract of Sale.  
Many … (34 comments)

financing contingency: REMOVE THE FINANCING CONTINGENCY? NOT ON MY WATCH! - 01/24/10 12:29 AM
Bob Harris gives some good advice to home buyers considering buying distressed property.  However, when it comes to removing the financing contingency in an offer, buyers need to understand the risks.
WHAT IS THE JOB OF A BUYER'S AGENT??   We are engaged to help home buyers "find the house"??  Of course, but so much more.  When preparing a Contract of Sale, home buyers often rely on the advice of the agent about the meaning of the paragraphs in the Contract.  Agents MUST be careful and give the buyer the agent's best advice to protect the buyer.  Experienced agents learn through experience that … (43 comments)

 


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