Closing Time & Delays
Real estate has its hoops for buyers, sellers, lenders, agents, and the like to jump through – but what recent hurdles have been happening in the title and escrow world?
The majority of home contracts have been settling on time, but according to REALTORS Confidence Index, about 26% faced some sort of delay in February, while 6% were cancelled completely.
So what happens to be the most common issues when trying to close on a home? Check out the National Association of REALTORS infographic below that highlights what potential problems might delay contracts:
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