#2....most builders will give you the earnest money back at some point in time......you apply for the loan immediately or before you sign the contract in most cases. You don't get approved you get the earnest money back. ....now if something happens before closing like you loose your job the day before, then they might not be as willing to give it back....so it will depend on the circumstances.
Typically we can save you time, money or headaches when using us as your realtor. Just for things like that you ask. You always want someone in your corner reviewing your contract, taking notes, helping you with inspections and negotiations.
Here is a link to some new homes in Murphy.
It isn't a matter of power, it's a matter of two parties coming to an agreement. The financing contingency is a standard clause here in Washington State - if the buyer doesn't get the loan after a good-faith effort, they get their earnest money back. There are some conditions - the buyer has to state what kind of loan they're going for and which lender - but it's normal here.
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