Remove Bankruptcy Remove Loans Remove Seller disclosure Remove Title search
article thumbnail

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

HomeLight

When you’re buying a house, the list of what can go wrong at closing includes everything from issues with the mortgage loan and buyer’s credit, insurance snags, appraisal problems, title claims, and events beyond everyone’s control (such as natural disasters, or buyer or seller illness or death).

Closing 104
article thumbnail

Here’s How You Can Make an Offer On a House Without a Realtor® in 9 Steps

HomeLight

Lenders can also approve you for different loan amounts, give you different interest rates, and charge varying fees. Title contingency. During a home purchase, a title search is done to ensure that the seller is the property owner with full rights to sell. This is why shopping around for a mortgage is so crucial !