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Bowie, Upper Marlboro and Mitchellville Information:

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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 economic factor can make the purchase of a home an excellent long-term investment?

A 
Home price appreciation can result in a substantial return on the buyer's investment as a house increases in value over time.
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Desiree Callender, REALTOR®, real estate agent and broker for Bowie, Upper Marlboro and Mitchellville, Maryland home listings, property and land for sale - NUMBER1EXPERT

Desiree Callender
Desiree Callender & Associates, Realtors

2905 Mitchellville Rd Suite 101
Bowie, MD 20716
Phone: 301-390-2832
Phone 2: 301-390-8244
Fax: 301-390-2584
301-390-8344
Email: DesireeCallender@NUMBER1EXPERT.com
Email: desiree@mris.com

Desiree Callender is the Broker/Owner of Desiree Callender & Associates REALTORS. She has been a full time Realtor for twenty-Five years and see's herself as a partner with consumers as they pursue their Largest investment. Her mind set of partnership has contributed to her consistent success and has placed her in the top 1% of all realtors in the nation. Desiree has also been recognized as the number one agent in Prince George's County and in her prior office. She was inducted into the Re/Max Hall Of Fame in 1997,the Prince Georges's County Association of Realtors Hall of Fame in 2003 and is a recipient of the prestigeous Re/max Lifetime Achievement award. Desiree is a hard worker and uses her Steategic marketing and Negotiation skills along with her Experience and knowledge to help her clients maximum on their largest investment. Closing over 1000 transactions and a consistent receipient of the highest annual production awards offered by her previous company (Re/Max) and the local board of Realtors, she continues to offer her clients OUTSTANDING SERVICE and RESULTS and would like to do the same for you.

ABR CLHMS CRS REALTOR


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