Bankruptcy Finance Home sale contingency Short sale 
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%). These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. So the answer to “how long does it take to close on a house?”
HomeLight
JANUARY 13, 2022
However, your mortgage lender will not loan you more money than a house is worth, so if the appraisal determines that the sales price is higher than the home’s actual value, as the buyer, you’ll need to be prepared to come up with the money to make up any difference. Home sale contingencies. Title contingencies.
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