Anchorage, Eagle River, and Girdwood Alaska real estate listings, home buying, selling and relocation information

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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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Q	What famous Art Deco skyscraper is decorated with eagle hood ornaments, hubcaps and abstract images of cars?
A	New York's Chrysler Building, designed by architect William Van Alen in 1930, was one of the first buildings composed of stainless steel over a large surface area.
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Bob Baer, REALTOR®, real estate agent and broker for Anchorage, Eagle River, and Girdwood Alaska home listings, property and land for sale - NUMBER1EXPERT(tm)

Bob Baer
Dynamic Properties
3111 C Street, Suite 100
Anchorage, AK. 99503
(907) 261-7505
(907) 261-7505
(907) 727-6025
Fax: (907) 261-7578
Email: bobbaer@NUMBER1EXPERT.com
Bob Baer has been a top producer in real estate sales in Anchorage, Alaska for twenty-five years. He is extremely knowledgeable about the real estate market in Anchorage, Eagle River, Chugiak & Girdwood, and with a mortgage banking background, he is committed to finding you the best financing available. Whether listing your property for sale, or representing you in the purchase of your new home, Bob will take as much time and care as necessary to assure your satisfaction. Relocating to Alaska? Moving from or within Alaska? Call or email Bob today and put his years and years of experience to work for YOU.

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