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A True Professional

"We relocated from Southlake to Chicago and Nancy helped us by listing our home. She sold our home in a short period of time and took care of all the arrangements like a true professional. Selling your home from a distance can be stressful but Nancy took care of all the details and we were able to close the transaction by mail."

 

Lory and Tony Mirabelli

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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
Q 
What little-known folk remedy is said to help keep bats away from your home?

A 
According to some rural homeowners, if you tar and feather a two-by-four board and place it in your yard, it will ward off bats!
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The Croney Team, REALTOR®, real estate agent and broker for Colleyville and Southlake Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Croney Team
RE/MAX Masters

425 East Southlake Blvd.
Southlake, TX. 76092
Nancy Croney: 817-781-9464
Jocelyn Croney-Sandruck: 817-781-9463
Fax: 817-488-4768
Email: Nancy@CroneyTeam.com

The Croney Team is a family team and together have over 35 years of real estate experience. We've been voted "Best Realtors in Dallas" by D Magazine and we'd like the opportunity to show you why. Our goal is to provide our clients with knowledge and care that exceeds their expectations. Call us today about our services.

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