{"product_id":"vragen-39966-wij-hebben-een-woning-die-wij-willen-kopen-alleen-voor-de-financiering-weten-wij-nog-niet-hoe-dit-u","title":"Financing and purchase agreement explanation","description":"\u003ch4\u003e Questioner\u003c\/h4\u003e\n\n We have a house that we want to buy. Only for the financing we do not know yet how this will be arranged, we alone or together with my parents. Which names should be on the purchase agreement of the broker if we do not yet know how the mortgage will be arranged. Can we just put our names on it and if it turns out that my parents are co-financing, that this is stated separately in the mortgage deed?\n What happens if my parents also become owners?\n\n\u003ch4\u003e Lawyer\u003c\/h4\u003e\n\n The names of the persons purchasing the property must be stated in the purchase agreement.\n\n The mortgage deed also contains the names of the buyers.\n\n If your parents are co-financing, a separate loan agreement must be concluded.\n\n\u003ch4\u003e Lawyer\u003c\/h4\u003e \nFrom your question I gather that you wish to purchase the property and have not yet made an offer. If the offer has yet to be made, do not forget to make the offer under the express condition 'subject to financing'. A term is then agreed in the purchase agreement to arrange the financing\/mortgage. Failure to obtain the mortgage within that term is then included as a condition precedent in the purchase agreement. You can usually still invoke that condition precedent if you can submit three rejections for the mortgage application from three different banks\/mortgage providers.\n\n","brand":"Rechtswinkel.nl","offers":[{"title":"Default Title","offer_id":55018071261533,"sku":"","price":0.0,"currency_code":"EUR","in_stock":true}],"url":"https:\/\/www.rechtswinkel.nl\/en\/products\/vragen-39966-wij-hebben-een-woning-die-wij-willen-kopen-alleen-voor-de-financiering-weten-wij-nog-niet-hoe-dit-u","provider":"Rechtswinkel.nl","version":"1.0","type":"link"}