Many Many Thanks!
While I do not know if your article & picture has prompted any other REALTORS to donate...I have gotten comments regarding your picture in HELP's newsletter - especially your kindness to us, and thinking "outside the box!" People are impressed with your giving a donation with each sale! Thanks again for supporting HELP - I love you guys! Sincerely, BM
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Real Estate Contracts >Deadlines
Both buyer and seller should be aware of all of the deadlines in their purchase agreement. Each contract is different, but there are usually time limits covering the structural contingency, the financing application, the loan commitment, and the closing.
If you are a careless buyer, you could lose your right to ask a seller to pay for needed repairs. There may be a limit on the time the seller has to respond to the buyer's request to complete repairs that are not required by the contract. Failure to apply for your mortgage on time may place your deposit at risk if the loan is denied. In many cases, the agreement can be declared null and void by the seller if financing is not approved within the time frame set forth in the contract. A delayed closing can cost the sellers money, and they may ask the buyer to reimburse these expenses.
Work closely with your real estate agent to ensure that all of your transaction deadlines are met.
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| Q |
What famous antebellum mansion was known as the "Queen of Tennessee Plantations"?
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| A |
Belle Meade Plantation was a prosperous 5,400-acre thoroughbred horse farm in the mid 1800's. The Civil War Battle of Nashville was fought in its front yard. |
See More Real Estate Trivia > |
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Connie Erickson Door County Realty, Inc. 4027 Main Street PO Box 340 Fish Creek, WI 54212 920-868-2075 888-678-3949 Fax: 920-868-2425 Leads@ConnieErickson.com
Connie Erickson has won just about every real estate award imaginable and has earned both the GRI (Graduate of REALTORS Institute) and the CRS (Certified Residential Specialist) credentials. Connie is a Member of the Door County Board of REALTORS, Instructor of the Graduate REALTOR Institute and a Howard Brinton Star Power Star. 
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