Closing on a home can be a stressful process, especially when unexpected delays occur. However, many of these setbacks are entirely preventable with proper preparation. In this blog, we’ll explore the most common causes of closing delays and provide tips on how to avoid them.

1. Incomplete Documentation

One common source of closing delays is the failure to obtain necessary municipal documents in a timely manner. Although sellers may not be required to submit documentation after a contract is signed, certain municipal papers are essential before the closing. Avoid delays by requesting these documents as soon as the contract is approved, giving your township ample time to process them.

2. Title Search Complications

A thorough title search is conducted to confirm that the property has a clear title, free from outstanding liens or legal claims. If any issues arise during this search, they must be resolved before closing. To streamline this process, provide the title agency with all aliases or names the buyer has used, helping to eliminate unrelated complications.

3. Home Inspection Hurdles

Home inspections can reveal problems that must be addressed before closing. This can lead to drawn-out negotiations on repair responsibilities. To prevent unnecessary delays, ensure all agreed-upon repairs are clearly outlined in an addendum to the purchase agreement so that both parties are aligned.

4. Poor Communication

Breakdowns in communication are another frequent cause of closing delays. Misunderstandings, last-minute issues during the final walk-through, or one party needing more time can easily stall the process. Consistent, clear communication is key. Confirm all discussions via email to ensure everyone remains on the same page and prevent unnecessary hold-ups.

Conclusion: Plan Ahead for a Smooth Closing

Closing delays can cause unnecessary stress and financial strain, but with the right preparation and communication, most of these setbacks are avoidable. By addressing these common issues early, you can help ensure a timely and stress-free closing process.

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