Remove Bankruptcy Remove Closing costs Remove Due diligence Remove Home sale contingency
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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.

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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

In the case of mortgage wire fraud, scammers impersonate the title company and send fraudulent wiring instructions via email for buyers to wire their down payment and closing costs to. If that happens, your funds could go MIA just as you need them to close. Problem: You didn’t budget for closing costs and are caught flat-footed.

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