Articles on: Purchasing

What could happen to miss the contract date?

We find that contract close dates get missed for the following reasons:

the borrower is not providing necessary documents/information timely to us (within 24 hours of request),
there are issues with the appraisal/property condition/property value,
there are unforeseen title issues (i.e. liens, judgments, etc.), or
the contract close date is less than 30 days away. We’ll be aware of the timing once we receive the contract and will reach out to the realtors if we feel as though it might be too tight.

Updated on: 06/06/2023