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Buying & Selling Real Estate
HomeForumsBuying & Selling Real Estate"Contingent on Financing" time limit?
GL L.'s profile image
GL L.'s profile image
GL L.
  • Investor
  • from TX
  • Member since Feb 16, 2015
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GL L.'s profile image
GL L.'s profile image
GL L.
  • Investor
  • from TX
  • Member since Feb 16, 2015
Connect
GL L.
  • Investor
  • TX
8
Votes |
30
Posts
Buying & Selling Real Estate

"Contingent on Financing" time limit?

GL L.
  • Investor
  • TX
Posted Aug 1 2015, 08:25

Hello,

I have an agent telling me  that there is a time limit for financing and if bank does not come through or bails then I lose my   earnest money?   I told her I was going to find an agent who does not believe this.   Anyone heard of such an agreement?  

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