Help Your Home Close on Time

Coral Springs homes for sale

You’ve got an interested buyer for your Coral Springs homes for sale! What could go wrong? Plenty.

Setting a date to close on Coral Springs homes for sale is just the start to the process. There are so many different scenarios that could interfere with a home’s closing. Even the best laid plans might go awry by circumstances that are unforeseen.

There is no guarantee you will close on time, but there are a few things you can do to try and make the road to the closing date move along as smoothly as possible.

How to Avoid Delays

A home’s closing can take as little as 30 minutes. However, for most home closings it take more time than just a half hour. Real estate experts recommend home owners, like those selling Coral Springs homes for sale, try to anticipate any potential delays that might trip up the closing process and solve those hurdles in advance.

Some common issues and solutions to consider include:

Wrong Name and Address

Any changes in the process needs to be passed by the experts. From your real estate professional to the mortgage lender, these professionals are familiar with closing procedures and can help ensure the process goes through without too much of a time delay.

Even if the issue seems small, such as a name missing a letter or an address that has a number transposed, these items need to be corrected on the paperwork and your mortgage broker needs to know as soon as possible.

Missing Paperwork

A wrong name and address can be corrected relatively quickly, but if a piece of paperwork is missing than get ready for a major delay. A glitch like this can delay a closing for hours or even days if not found or replaced in time to make the packet complete.

This type of delay also may cause you to lose a locked down mortgage rate. Any request from your lender, such as follow-up documentation, needs to be given to them immediately.

Try to stay ahead of the closing by providing all the necessary information required by your mortgage lender well in advance. It is important that everything be in order before closing.

Be Open and Available to Talk

If you want closing on Coral Springs homes for sale to go as planned, you need to make yourself available for the important players. Realtors, mortgage brokers, lenders, and the like need to be able to reach you. Opening the lines of communication will help move the process along and keep everyone informed on potential problems and any adjustments or changes in the paperwork.

Make Time for Repairs

Buyers may request certain items in the Coral Springs homes for sale be fixed before the day of closing. Be sure to make the repairs well in advance of the closing date so the buyers can see the repair work has been done and is completed before the final walk through. The last thing you want is unsatisfied buyers on the day of the walk through, which will most likely slow down the sale.

Florida Realty News
Florida Realty News
Berkshire Hathaway HomeServices Florida Realty, a wholly-owned subsidiary of WCI Communities, has over 39 locations and more than 1,650 real estate sales professionals and team members serving 17 counties throughout Florida.
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