What Could Delay Your Real Estate Closing?

 A real estate closing is a complicated transaction involving many different factors that have to all come together seamlessly.  Once a closing date is decided, the expectations are set for the buyer and seller.  But a closing date is not an absolute, it is a target.  Between the time you sign a contract and the time you close, there will be the inspection, the appraisal, and the mortgage commitment from the lender.  There may also be contingencies in the contract.  Each one of those parts of the process can potentially create a delay or another action step that needs to be taken in order to close the real estate transaction. An experienced title company at Lake of the Ozarks will be very familiar with the closing process and potential delays and will be a great asset in determining a realistic closing date. 

At Arrowhead Title, we know you are excited to close, and we also know there may be a lot of other things that depend on you closing on time.  So, we handle every closing with the utmost diligence to keep things moving along as planned, and to keep all parties informed of any unavoidable delay that occurs.  In the spirit of education, we would like to share with you a few common causes for delays in real estate closings at the Lake of the Ozarks so you can be prepared to get through them as quickly as possible or avoid them altogether.  If that piques your interest, we invite you to keep reading this blog.

Contingencies and Repairs

Contingencies add variables to the whole process. For example, if the sale of the house is contingent upon the seller finding a new house to buy, that can obviously cause a delay in your closing. The need for repairs can also cause a delay. It is not uncommon for the inspection to reveal issues with the house that need to be corrected. If it is not possible to get those repairs done by the closing date, the closing could be delayed.


If the appraisal comes back for the value that is expected, then the closing date will proceed smoothly. If the appraisal comes back for less, then the buyer and seller must negotiate to come to an agreement. The buyer may decide to make up the difference on their own, or the seller may agree to lower the price to meet the appraisal value. But if the two are not able to come to a quick agreement, this negotiation process could take time and potentially cause a delay in your real estate closing.

Title Search

If any title issues are discovered during the title search, they must be resolved before closing. It is extremely important that this process is handled thoroughly and accurately, examining every detail and making sure that no stone is left unturned. Correcting some title issues may be simple, but other title issues may be very complicated to resolve. You definitely don’t want to rush this process, because it protects everybody involved. But a seller can get a head start by starting the search earlier. That way there is time to correct any issues before it affects your closing date.

Changes in Finances

It can be surprising how small of a change can affect your credit. Even applying for a credit account at your local home improvement store can change your credit score, which can then affect your financing. To avoid delays in your real estate closing, you want to make sure that nothing in your financial situation changes between your preapproval and your mortgage commitment. So don’t sign up for any new credit no matter how insignificant it seems. Don’t make any job changes, pay all your bills on time, and avoid liens of any kind. Considering that almost 30% of delayed real estate closings are delayed due to financing issues, this is one area you actually have control over to avoid any delays.

Trust Arrowhead Title with Your Next Real Estate Closing!

The other thing you have power over to help avoid delays is choosing the best title company at the Lake of the Ozarks. At Arrowhead Title we know how to navigate this process and work through any issues that come up as quickly and efficiently as possible. But keep in mind if there is a delay it is to ensure that your property rights are protected and that everybody is getting exactly what they think they are in the transaction. If you want a team of real estate professionals at the Lake of the Ozarks that know how much accuracy really matters, and care about getting you to the closing table on time, you can count on Arrowhead Title. If you have any questions about real estate at the Lake of the Ozarks, give us a call! To stay up to speed with all of our latest tips and information, follow us on social media using the links below!

Where Accuracy Matters!


  1. Really very informative and the way you present your information attracts visitors to read a more informative blog from your website. So I look forward to seeing the next update. Find the best Title Company in South Jersey.


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