This is important to protect

[sumaiyakhatun29]

#3 When to Sign a House Sale and Purchase Agreement check the given period The sale and purchase agreement must usually be signed within 14 working days from the booking date. Within that 14 days, you must ensure that the loan has been approved and then sign the agreement. I advise that if you feel that the loan cannot be finalized within 14 days, ask the agent to change it to 21 working days.


you from losing your booking money. The owner has the right to buy benin whatsapp number database cancel the agreement and forfeit the booking fee paid if this period is not adhered to. There are also situations where you have applied for a loan but there is a high possibility that you will not be able to complete it within that period. Before the 14 or 21 working days are up, quickly ask the owner for additional time.


If you want to request an extension of time, it is best to do so by signing a new booking form / offer to purchase or through an official letter addressed to the homeowner. #4 What Will Happen If The Loan Doesn't Approve? if the loan is not approved You must also ask the agent for clarification on what will happen if the loan is not approved. Will you get your booking money back or not? Most real estate agents can put in terms where the booking money is refunded if the loan is not approved.