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Welcome! Here You Can Find Comprehensive Real Estate Information on Westchester, Playa del Rey, Playa Vista and the neighboring communities on the Westside of Los Angeles.  Looking to buy or sell a home, condo, townhome or income property? Search everything the web has to offer on this site. Need professional real estate advice and guidance? This site is filled with information and ways that you can contact Bob Waldron for professional service and expert advice. Buying or selling--Bob Waldron is here for you! You can view Bob's active listings as well as those that have sold by clicking on the top of this page on "Find Homes" (and then on "Feature Homes") or on the box to the left on "Find Homes." You'll see details, descriptions, pictures and Videos of Bob's listings. And you can search the MLS for all of the active listings also located under "Find Homes" on top of this page or on the box to the left on "Search Now." If you want to be notified about Bob's new listings, please sign up where you see "Latest Listings" and you'll automatically receive a message on his new listings as they come on the market. If you provide specific details on what you are looking for (area/location, bedrooms, baths, price range, etc.), Bob can set up a personal & private website for you that will automatically email you when a new property comes on the market that fits your needs. Also, you can sign up for Bob's monthly video to automatically receive up-to-date local and national real estate news. For the latest real estate news and announcements for Bob's new listings, you can follow Bob on twitter.com/bobwaldronre. Contact Bob with confidence. As a top realtor in the area with over thirty years experience, Bob has the skills and knowledge for results. Thank you for visiting Bob's site--he welcomes the opportunity to assist you with your real estate needs. Follow Bob on Twitter.com/bobwaldronre for real estate news and new listings. Bob Waldron Your Real Estate Resource at Coldwell Banker 5450 Lincoln Blvd, Los Angeles, CA 90094 direct: 310-337-9225 fax: 310-301-1089 email: bob@bobwaldron.com website: www.bobwaldron.com DRE #00416026 

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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What does "contingency" mean in real estate?
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A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence." |
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