Why is My Closing Delayed?
Some of the most common reasons for a delayed closing in Orange Park are:
- Waiting on Short sale approval
- Buyer's financing issues
- Paperwork issues with the title company
If you are buying a short sale, even one that has already been approved, getting the final paperwork can take longer than anyone anticipated. The loan could get sold, the home could go into foreclosure, I have seen all of these things happen with homes in Oakleaf Plantation and Orange Park.
Last minute changes in a buyer's financing can also impact a closing date. Working closely with a good lender (ask your buyer's agent for a referral!) and communicating often go a long way towards getting you in your new home in Orange Park!
One of the most frustrating things that agents in Oakleaf are dealing with is paperwork delays on the title company's side. These are usually out of the hands of the real estate agents, and are frustrating for everyone.
The best way to prevent delays is to communicate openly and often with your agent. Don't be afraid to ask the tough questions!
Check out some of the other ways realtor can help you find your dream home!