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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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Sherri Melton
Keller Williams Realty Augusta Partners
3633 Wheeler Rd., Ste. 125
Augusta, GA 30909
706-495-1135
Fax: 706-868-3782
SherriMelton@NUMBER1EXPERT.com

Sherri is dedicated to accomplishing her clients goals whether that may be buying or selling. You will find her high energy level, integrity, and driven work ethic are second to none. Sherri was nominated Associate to receive the WI4C2TS award in 2008. This reflects the company culture: WIN-WIN - or no deal, INTEGRITY - Do the right thing, CREATIVITY - Ideas before results - CUSTOMERS - Always come first, COMMITMENT - In all things, SUCCESS - Results through people, TEAMWORK - Together everyone achieves more, COMMUNICATION - Seek first to understand, and TRUST - Starts with honesty. A stickler for high standards, exceptional service and a reputation for results, you will feel very comfortable with Sherri. Sherri is also an Accredited Staging Professional Agent. She offers this service to all sellers because a Staged home sells much faster for more money!

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