Real Estate Advice

Introduction to Financing Contingencies Financing contingencies are integral components of real estate transactions, especially in Tennessee, where they serve as essential protective clauses for buyers. In essence, a financing contingency stipulates that the purchase of a property is contingent upon the buyer securing adequate financing, often through loan approval from a financial institution. This type […]

Introduction to Financing Contingencies Financing contingencies are crucial components in real estate transactions, especially in Indiana, where they serve as a safeguard for buyers. A financing contingency is a condition outlined in a purchase agreement that allows the buyer to back out of the contract if they are unable to secure a mortgage or loan