HOME BUYING 101 - Loan Contingency: Is It Needed? | Real Estate Buyers Guide

When it comes to home buying, you may decide to put an offer on a home you love with a Loan Contingency. This contingency focuses on giving you the chance to secure your loan before you are actually on the hook for buying the property you put in an offer on. But what does including a Loan Contingency actually entail you to do? In this video, Wilson is giving a run down about what happens when including a Loan Contingency and whether or not it may be right for your offer. Looking for more information about buying a home? Check out our home buyers playlist for more information!
Learn More From Our Home Buying Playlist! ► • Buyers & Future HomeOW...
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Thank you for watching - if you're planning a move to the Bay Area, reach out to us and we'd be happy to help you find the perfect home for you!
#HomeBuying101 #HomeBuyersGuide #BayAreaHomeBuying
Chapters:
00:00 Should You Or Should You Not Include a Loan Contingency?
00:45 When Should You Consider a Loan Contingency?
01:30 Consider Obtaining Pre-Approval Before Offering!
01:53 It's YOUR CHOICE!
02:16 Repercussions of a Loan Contingency
03:25 Questions to Help You Decide If You Need a Loan Contingency
03:53 Thank You So Much For Watching!
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Wilson Leung leads a team that has consistently sold $100,000,000 million in sales volume annually. If you are looking to grow your real estate team or looking to start one, Wilson is your go-to guy to ask questions. Wilson has personally trained several Rookies of the Year and 30 under 30 awardees.
Wilson Leung Real Estate Associates' mission is to help families build wealth through real estate. We do this by providing unrivaled expertise, dedication to educating our clients, and an unparalleled level of customer service that surpasses our clients’ expectations.
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Thanks for watching! Thinking of making a move to the Bay Area or have questions? I would love to help and chat!
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-Wilson