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.
The Baby Boomers can be seen as a wide spot in this age-sex pyramid for the U.S. The dramatic increase in the number of births from 1946 to 1964 in the United States (1947 to 1966 in Canada and 1946 to 1961 in Australia) is called the Baby Boom.