17 Home Closing Delays and How You Can Avoid Them
HomeLight
JULY 31, 2020
Out of the delayed contracts, the most common causes were financing issues (37%), followed by appraisal issues (18%) and inspection issues (16%). If this problem can’t be resolved, an appraisal contingency in the contract allows the buyer to cancel the agreement and retain their earnest money deposit. Dodge move.
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