A financing contingency period allows the buyer the opportunity to secure the money needed to complete the sale. During this due-diligence period, a buyer will either contact a financial institution to submit a verification of funds for closing or work with a mortgage lender to obtain a loan.
The postâWorld War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of economic prosperity in the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early 1970s.n academic literature, the period is frequently and narrowly referred to as the postâWorld War II economic boom, though this term can refer to much shorter booms in particular markets. It is also known as the Long Boom, though this term is generic and can refer to other periods.
In 1908, the British writer G. K. Chesterton described the embryo of todayâs full-grown immature culture called postmodernism. One mark of its âvulgar relativismâ (as Michael Novak calls it) is the hijacking of the word âarroganceâ to refer to conviction and âhumilityâ to refer to doubt. Chesterton saw it coming: What we suffer from today is humility in the wrong place. Modesty has moved from the organ of ambition.