Purchasing a new home can involve many steps – and unfortunately, the process may not always go exactly as planned when it comes to the day of closing. In some cases, for reasons that are out of your control, the date of your closing may need to be moved back.
There are numerous reasons why your closing date could be delayed. These may include such things as:
- The appraisal coming in under the purchase price
- A defect being discovered on the home’s title
- Inspectors uncovering needed repairs or pest damage
- Requests from underwriters for additional documents from the lender
Even when the date arrives, your actual closing could be delayed. This may be due to your down payment not being wired in time, funding from the lender not yet arriving, or even by you forgetting to bring along the two required forms of identification that are needed by the closing agent.
The good news is that there are some steps you can take to help prevent delays from happening so that your closing can go on as scheduled – and then you can proceed with your move with far fewer headaches and frustrations.
How We Can Help
We understand that when it comes to buying a new home, you have many balls in the air, so it can be easy to overlook certain details. That’s why our transaction manager will provide you with a checklist of needed “To Do” items, and then send you needed reminders along the way.
When closings go wrong, we are right there with you. Regardless of whether you’re a buyer or a seller, we will communicate with you throughout every step of the process – so you’re never left out there alone. Just a quick response back to our transaction manager is typically all that’s needed in most cases.
Ready to Buy or Sell?
If you are considering buying or selling a home in the Western Slope area, give us a call. We’ll be happy to provide you with a free market value report to find out what your current home is worth in today’s market.