Redfin

MARCH 3, 2022

From appraisal issues to home inspection roadblocks, there’s a lot that can go awry before finally closing on your property. So how can you avoid a delayed closing? Be aware of these 7 common issues that could set back your closing date. Major damage is found during the home inspection.

Closing 62

Closing Title search Purchase and sale agreement Title 62

HomeLight

JULY 29, 2022

“One big thing that could delay closing is if, say, someone goes out two weeks before they close and they buy a car — or they buy all new furniture,” explains Pete Veres , a top-selling agent with 19 years of experience in Albuquerque, New Mexico. This can radically alter their debt-to-income ratio and jeopardize the whole deal.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

JUNE 30, 2022

Lenders will also want to know if you’ve ever declared bankruptcy or owned a house that went into foreclosure. Be sure to also compare closing costs such as application fees, appraisal fees , and origination fees. Get a property inspection. It’s always recommended to get a home inspection.

Purchase and sale agreement 75

Purchase and sale agreement Inspection Earnest money deposit Closing costs 75

Real Estate Finance HQ

AUGUST 25, 2017

Housing Ratio. Debt to Income Ratio. Home Inspection Guidelines. Bankruptcy: You can qualify for FHA loans one year after Chapter 13 bankruptcy, two years after Chapter 7 and three years after a foreclosure, provided you’ve had no negative credit events since. Housing Ratio. Down payment.

FHA loan 40

FHA loan Debt-to-income ratio Inspection Loans 40