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Real Estate Tips
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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Real Estate Trivia
Q 
What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?

A 
With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US.
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Shannon Donohue Real Estate, REALTORŪ, real estate agents and broker for Wilbraham, Monson and Palmer  Massachusetts home listings, property and land for sale - NUMBER1EXPERT(tm)

Shannon,Judy,Jenn,Jeanne,Linda, Cheryl,Carrie,Jeff
Shannon Donohue Real Estate, LLC

4 Springfield St.
Three Rivers, MA 01080
Fax #: 413-289-1223
Office: 413-283-6324
Email: ShannonDonohue@WesternMAHomes.com

With Successfully selling over 50 Million dollars in Sales in the Western Massachusetts area, we are committed to the goals of our clients, helping them achieve their homeownership dreams through cutting edge technology, state of the art marketing tools and our full service marketing system. We accomplish this by a daily commitment of loyalty, pride, and teamwork. With our team concept, you will enjoy a friendly, positive and rewarding experience. Call Shannon Donohue Real Estate today and put success on your side!

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