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  • Why Buyers Choose Edward W. Lui - Why homebuyers looking for a real estate agent in the Austin, Georgetown and Round Rock area choose Edward W. Lui.

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Real Estate Tips
Financing Your Home >Financing Contingencies

Standard real estate purchase agreements usually contain language that releases the purchaser from an agreement if they are unable to get financing within a specified period of time. This contingency includes a full return of the earnest money deposit. If you are buying a home, you should read the financing clause carefully and be sure that you fully understand the terms of the agreement.

You are usually required to apply for your loan promptly and to comply with requests from the lender for any documentation needed to complete the loan application. The contract will also set a time limit by which you must have loan approval. If your lender cannot meet the financing deadline and needs additional time to complete the loan, you must ask the sellers for a written extension.

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Real Estate Trivia
Q 
During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?

A 
The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.
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Edward W. Lui, REALTOR®, real estate agent and broker for Austin, Georgetown and Round Rock, Texas home listings, property and land for sale - NUMBER1EXPERT

Edward W. Lui
Mars Hill Realty Group

125 Village Park Dr.
Georgetown, TX 78633
512-554-9594
Fax: 815-346-5180
edwardlui@NUMBER1EXPERT.com

I am a Certified Negotiation Expert that will leverage my expertise and real estate knowledge for my clients. Call me today if you want full-service representation when buying or selling your home! I work in the Greater Austin, Texas market which includes: Pflugerville, Cedar Park, Leander, Liberty Hill, Hutto, Round Rock and Georgetown.

CNHS CRS EcoBroker ePro Equal Housing GRI REALTOR


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