The buyer wants to move in; the seller wants to move on –
avoid delays in closing with these tips.
Set a reasonable closing date
You can always close “early” if everything proceeds
without a hitch, but a few extra days can do much to
alleviate frustration. PRO TIP: A rule of thumb
under “normal circumstances” might be 45 days to
close, but this could vary from state to state.
Submit HOA clearance letters early
Selling a home with a homeowner’s association? A
copy of the HOA clearance letter should be submitted
to the lender as soon as possible.
Review forms on the first day you get them
Disclosures must be provided three business days
before closing, but any issues raised can require a
new review period and delays. Review forms and check
for any errors the very first day you receive them
to keep things moving along.
Set a reasonable closing date
You can always close “early” if everything proceeds
without a hitch, but a few extra days can do much to
alleviate frustration. PRO TIP: A rule of thumb
under “normal circumstances” might be 45 days to
close, but this could vary from state to state.
Submit HOA clearance letters early
Selling a home with a homeowner’s association? A
copy of the HOA clearance letter should be submitted
to the lender as soon as possible.
Review forms on the first day you get them
Disclosures must be provided three business days
before closing, but any issues raised can require a
new review period and delays. Review forms and check
for any errors the very first day you receive them
to keep things moving along.
Discuss any issues right away
Waiting until closing to raise concerns can almost
always ensure a delay. Both buyers and sellers
should immediately escalate anything confusing or
inaccurate in the document reports to their agents
and us.
Quickly confront walk-through issues
It’s the final countdown, and the home buyer is
doing a final walk-through (typically a few days
before closing). Rule of thumb: See something, say
something. Small issues, like a leaky faucet, can be
quickly resolved. But any significant problems can
require new forms + time for review.
Discuss any issues right away
Waiting until closing to raise concerns can almost
always ensure a delay. Both buyers and sellers
should immediately escalate anything confusing or
inaccurate in the document reports to their agents
and us.
Quickly confront walk-through issues
It’s the final countdown, and the home buyer is
doing a final walk-through (typically a few days
before closing). Rule of thumb: See something, say
something. Small issues, like a leaky faucet, can be
quickly resolved. But any significant problems can
require new forms plus time for review.
Ready to Get Started?
Contact your real estate agent about using Upward on your
next transaction.
Ready to Get Started?
Contact your real estate agent about using Upward on
your next transaction.