Top 5 problems that can delay your home closing
Whether you’re buying or selling, here are the five most common problems that hold up home closings.
4 min read
Jul 21, 2022
David McMillin
Contributor, Personal Finance
Experience
David McMillin is a contributor to Bankrate covering personal finance, including mortgages, real estate, student loans and auto loans. From budgeting tips for individuals to funding strategies for aspiring business owners, his goal is simple: to help readers figure out how to save more and stress less. As a musician, he has spent a lot of time worrying about money, as well, and he applies the lessons he’s learned from that financial balancing act to offer practical advice for personal spending decisions.
McMillin studied writing at DePauw University. He is based in Chicago and loves to discover new places. He only needs to visit four more states (Alaska, Oklahoma, Utah and Vermont) to check all 50 off his list.
David's latest articles
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Buying a home in Texas: A how-to
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Average vs. median home price: What’s the difference?
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How to resolve a property line dispute before selling your home
Do you know exactly where your property ends? If not, do some homework before listing.
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Distressed property: What you should know
Typically, a distressed property is either under foreclosure, or the lender is trying to sell it.
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What is sweat equity in real estate?
Homeowners are finding themselves doing more DIY projects — and all that sweat pays off in the form of sweat equity.
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