In every real estate transaction, closing a home sale would perhaps be the most exciting part of the deal, even from a buyer's perspective. However, the way towards a perfect closing of deal is never without any concerns or issues, be it minor or complicated. And these concerns would definitely mean a period of pause or delay in the process. Now here below are some advices on how to lessen the delays or if not totally obliterate it.
Lenders Check
For a buyer, firstohiohome suggests that you should "keep your lenders in the loop." This would mean that you should be in contact with your lender regarding the details of the mortgage processes and requirements. This may include paper works and other documentation processes. Always keep your line open for any changes or advice from the lender.
Agent Ready
Firstohiohome suggests that you should keep your agent on the lookout for any changes coming from the seller or any party involved in the transaction. A good agent already knows what to look for and who to talk to, just keep them ready at all times in case trouble ensues.
Signatures
Signature should always be on the ready according to bankrate. If you are to purchase an out of state property or if you are always on a trip, it would be wise to prepare an in-person signature. According to bankrate, "a power of attorney can be executed, but it has to be the right type and approved by the title company."
Communication
Perhaps the common denominator of the said tips would be communication. In order to be efficient and successful with the real estate transaction, bankrate suggests that "communication needs to be amazing, with proactive emails and calls and a 'last call' email to make sure all preparations are in place prior to the settlement."
There are other things that you may add up to the tips highlighted above. I may not have exhaustively given a list, but it may serve as a good starting point. Feel free to add more relevant tips and comment below.
