Remove Bankruptcy Remove Debt-to-income ratio Remove Due diligence Remove Lending
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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

Any changes in your debt-to-income ratio or credit score could cause issues with your loan application, which increases the chance of a delayed closing. It’s used to determine how much you can borrow and assures the lender that they aren’t lending more than what the home is worth. How to remedy the situation.

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

HomeLight

This can radically alter their debt-to-income ratio and jeopardize the whole deal. There are certain properties I would immediately order a title search before I do anything else: A foreclosure , a short sale , a bankruptcy, an estate sale,” Houck says. We do all the due diligence upfront,” he says.

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