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Fidelity National Title Company
Fidelity National Title has escrow & title offices conveniently located throughout Bernalillo and Sandoval Counties.

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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 is the most expensive piece of property ever recorded?
A	In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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Fidelity National Title Company
Fidelity National Title has escrow & title offices conveniently located throughout Bernalillo and Sandoval Counties.
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The Campbell Team, REALTORŽ, real estate agents and broker for Albuquerque, Rio Rancho and Corrales New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

The Campbell Team
Campbell and Campbell Real Estate
6711- A Academy NE
Albuquerque, NM 87109
505-821-7666
800-570-5776
Fax: 505-828-3906
Email: info@SherlockHomesNM.com
The Campbell Team has closed over 3800 transactions worth in excess of $543 million of residential real estate since 1990. Our owner, Ron Campbell, is the only New Mexico real estate professional to be ranked in REALTOR Magazine's Top 100 for the last three years. The Campbell Team offers a full-time staff of buyer specialists, listing specialists, relocation specialists, transaction manager, seller-services manager, team courier, and a marketing director, plus an on-staff photographer and web developer to assist with all of your real estate needs.

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