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The data relating to real estate for sale on this web site comes in part from the REDX™ Program of the Greater Hudson Valley Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the REDX™ logo. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information Believed Accurate But Not Warranted. Copyright 2009 Greater Hudson Valley Multiple Listing Service. All Rights Reserved |

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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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| Q |
Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?
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| A |
York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S. |
See More Real Estate Trivia > |
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