Lotus Grove Realty | Finger Lakes

Edit

Navigate

Contact Us

Real Estate Closing

5 Tips to avoid “Closing” Delays

🏠”CLOSING “🏠

The closing is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. On the closing day, ownership of the property is transferred from the seller to the buyer

5 tips to avoid closing delays

Check documents for errors.
Allow enough time for money transfers and for the loan to close.
Handle home repairs in advance.
Make sure the title is clear.
Don’t make significant changes to your finances, such as buying a car or opening a new credit card, before you close.

You can expect closing on a house to take 30 – 50 days, though closing day itself typically takes no longer than a few hours. But closing on a house is a multistep process, which takes time. So, your experience may differ depending on the type of loan you choose and potential delays, such as repairs