Sisters, Sunriver and Bend real estate and homes for sale in Oregon, new construction, luxury homes - Debbie Tebbs, REALTORS® Debbie Tebbs REALTORS(r) for Sisters, Sunriver and Bend, Oregon real estate, new construction, luxury homes - NUMBER1EXPERTS™ Debbie Tebbs NUMBER1EXPERTS(tm) for Sisters, Sunriver and Bend, Oregon real estate, new construction, luxury homes
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Debbie Tebbs, REALTOR®, real estate agents and broker for Sisters, Sunriver and Bend Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)
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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 real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Debbie Tebbs, REALTOR®, real estate agents and broker for Sisters, Sunriver and Bend Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Cushman & Tebbs Sotheby's International Realty
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

650 SW Bond St. Suite 100
Bend, OR. 97702
Office 541.383.7600
Toll Free: 800.382.7690
Fax: 541.383.3940
Email: infocentraloregon@sothebysrealty.com

Cushman & Tebbs Sotheby’s International Realty was formed under the strong leadership of Cate Cushman and Debbie Tebbs. In 2006, our firm was awarded an affiliation with the prestigious Sotheby’s International Realty® brand which was built on a 260-year reputation and foundation of excellence, and offers unparalleled access to the world’s most distinctive properties through its global affiliates. Our relationship with this premier brand affirms our commitment toward providing you a superior level of service, marketing and expertise in Oregon and around the world.

Equal Housing MLS REALTOR


Cushman & Tebbs Sotheby's International Realty real estate and homes for sale in Sisters, Sunriver and Bend Oregon

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