Avoiding Delays in Closing Pertaining to Defects in the Chain of Title

Any number of circumstances can delay or cancel a closing in a real estate transaction. Some issues are beyond control, but others can be easily managed by a concerted effort between the Realtor, the buyer, the seller, and the lender. The reasons for a delay or a cancellation can range from buyer’s remorse, rejection of loan, a failed home inspection, or a defect in the title. A Realtor should do all they can to avoid delays or cancellations.

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