Closing Disasters
21 Reasons Why Closings Fall Apart - And How To Prevent ThemYou have accepted an offer on your home, and now the transaction is in escrow as the closing process starts. That means your home is off the market for the next 30 to 45 days. It is also a time when many things can go wrong. Your home not only fails to close, but you've lost valuable market time as well. Every closing is different. Some become more complicated than others because each transaction has a different group of people involved. Imagine that you're the football coach of an NFL team, and for each game a whole new set of players shows up on the field! That's a good picture of how the real estate industry works. The most important decision you will make when selling your home is which real estate agent will represent you. That agent has to have the expertise and knowledge from past transactions to coordinate all the many steps, and all the parties: seller's agent, buyer's agent, lender, appraiser, title company, escrow office, home inspectors, processors . . . the list goes on. It is critical that you familiarize yourself with the 21 most common closing problems before you list your home. To help homesellers deal with this issue before their home is listed, a FREE reports entitled 21 Most Common Reasons Closings Fail has been prepared that explains the issues involved. |