All contents of your property are going through an Estate Sale and you are picturing yourself walking away from the closing table with cash in hand? Sellers who list their homes have no guarantee of their home selling. Unfortunately, once you’ve found a buyer and agreed on a purchase price, there is still no guarantee of smooth sailing to the closing table. There are a variety of reasons closings can be delayed. By being forewarned, you can be forearmed for these 6 things that can delay your home sale in TX.
Inspection
Unexpected issues found during the inspection of your home for sale in TX can cause delays in closing. This is why it pays to hire your own inspector. By facing any undiscovered issues head-on, you can deal with them in the best way for your set of circumstances. You can move forward with repairs or you can prepare ahead of negotiations by understanding the value each issue may have to the buyer, who will want to deduct this amount from the purchase price.
Appraisal
Appraisers let the lender know that the amount they loan on the mortgage note is secured by the real property, a low appraisal can cause a denial of the loan. Should the appraisal come back with repairs required before the closing can take place, this is another thing that can cause a delay in your home sale in Dallas.
Credit
While your buyers may have been preapproved for the loan by their lender, sadly circumstances can change after the process of approving the mortgage actually begins. This can delay your home sale in Dallas. Buyers may have a change on their credit report which suddenly makes their qualifying status change as well. One issue may be that they have increased their debt to income ratio, by taking on more credit.
Title
Any issue that appears during a title search can delay your home sale in Dallas. Usually, the problem is with proving a clear title, due to liens from contractors. It could also be as simple as an error in the public records. Missing heirs can also cause issues should they suddenly come forward. Regrettably, forgeries can create an unclear chain of ownership which can be difficult to resolve. Another issue could arise during the survey process, other surveys than your own could show differing property lines. It’s best to clear any issue prior to listing.
Open Permits
Open building permits on your property, even if the work was finished long ago, can delay your home sale in Dallas. You can simply walk into your county records department and find out ahead of listing your home about any open permits. Remember that patience is a virtue, and you’ll have plenty of chances to practice, due to the red tape you’ll likely encounter in updating your records, this process can take some time.
Deadlines
When you are closing on a real estate transaction, there are deadlines for documents to be submitted that simply cannot be missed. Many of these forms are required legally by either federal or state guidelines, so it’s best to become familiar with these forms and when each is needed, as well as where they should be directed. Should a target date be missed, this can delay your home sale in Dallas. This is a huge responsibility so you’ll want to be certain you stay on top of all the timeline requirements for the paperwork and be sure to beat the clock.
Hill REI Estate Sales is a company that is a one-stop-shop for all of your estate needs. Our company provides a complete buyout of all remaining items plus the property. We buy the property and all the items remaining with the property!
Our company understands that needing an estate sale company can be stressful and overwhelming. We walk you through the entire process from start to finish making it as easy as possible.
Next steps:
• One of our team members will first walk the property with you to go over all items that you want sold plus go over the real estate. They will also explain the entire process to you while at this appointment. Appointment usually last about an hour.
• A letter of intent will be presented via email over to you in a matter of 48 hours or less. This includes a fair market value of the estate.
• Upon agreement we will send over a contract for the complete buyout.
Our Hill REI Team looks forward to setting an appointment! Please feel free to visit us on Facebook or our company website.
Why wait at all? Don’t you want to avoid making simple mistakes that can delay your home sale in Dallas? Make it easy on yourself and sell to Hill REI Estate Sales instead! Send us a message or call 817-442-2669 today to find out how we can help you!
Hill REI Estate Sales is a company that is a one stop shop for all of your estate needs. Our company provides a complete buyout of all remaining items plus the property. We buy the property and all the items remaining with the property!
Our company understands that needing an estate sale company can be stressful and overwhelming. We walk you through the entire process from start to finish making it as easy as possible.
Next steps:
• One of our team members will first walk the property with you to go over all items that you want sold plus go over the real estate. They will also explain the entire process to you while at this appointment. Appointment usually last about an hour.
• A letter of intent will be presented via email over to you in a matter of 48 hours or less. This includes a fair market value of the estate.
• Upon agreement we will send over a contract for the complete buy out.
Our Hill REI Team looks forward setting an appointment!
