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Elizabeth Weintraub

The Wait for a Home Closing

By , About.com Guide   February 12, 2010

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Home buyers get so excited after buying a home that they can hardly wait for the home closing.

Some buyers think the seller should hand them the keys and let them move in that weekend, but that's not really how it happens. Buyers have to wait. They have to wait for the appraisal, for the lender to approve their loan and, more importantly, they have to wait for the inspections to be completed, all of which takes time.

Any little hiccup in the process can delay the home closing as well. It's frustrating for some home buyers because no matter how proactive your agent or loan officer may be, there are unforeseen circumstances that can crop up, often a few days before a scheduled closing.

So, how you can predict what can go wrong and fix it before it happens? An experienced agent can help you work through the process of home closing and, nine times out of ten, the home will close on time . . . read more about home closing.

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At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.

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