Don’t Let a Delay Ruin Your Closing Day! Here’s What You Need to Know
You’re counting down the days until you finally get the keys to your new home—but suddenly, there’s a delay. Maybe the lender needs more paperwork. Maybe there’s a title issue that needs resolving. Whatever the reason, closing delays can be frustrating and stressful.
At Arrowhead Title, Inc., we’ve been helping homebuyers close on time since 1984. We know what causes delays and, more importantly, how to prevent them.
Here’s what you need to know to keep your closing on track and stress-free.
1. Understand the Most Common Causes of Closing Delays
According to industry data, about 20-25% of home closings face delays. But the good news? Most of them are preventable.
Here are the most common reasons closings get delayed (Source):
🚫 Financing issues – Loan approval delays, last-minute credit problems, or missing documents.
🚫 Title problems – Unpaid liens, ownership disputes, or errors in public records (Source).
🚫 Inspection or appraisal surprises – A low appraisal can cause financing issues.
🚫 Document mistakes – Errors in legal paperwork, incorrect names, or missing signatures.
📌 The key to closing on time? Knowing how to avoid these roadblocks before they happen!
2. How to Prevent Closing Delays (Expert Tips from Arrowhead Title, Inc.)
✅ Secure Your Financing Early
Many delays happen because of loan approval issues. To avoid this:
✔ Get pre-approved for a mortgage before making an offer.
✔ Don’t make big financial changes (like buying a car or opening new credit cards).
✔ Submit all required lender documents on time (tax returns, pay stubs, bank statements).
📌 Pro Tip: Delays can happen if buyers change jobs or make large bank deposits that need extra verification. Keep your finances stable during the buying process!
✅ Choose a Reliable Title Company (Like Arrowhead Title, Inc.)
A thorough title search ensures there are no hidden title problems that could delay your closing (Source).
At Arrowhead Title, Inc., we:
✔ Conduct detailed title searches to catch issues early.
✔ Work with buyers, sellers, and lenders to resolve title problems fast.
✔ Provide title insurance to protect your ownership rights.
📌 Why This Matters: If a title issue isn’t discovered until the last minute, your closing could be delayed for weeks while it gets sorted out.
✅ Complete Your Home Inspection & Appraisal ASAP
A low home appraisal or major inspection issue can put closing on hold while buyers and sellers negotiate repairs or price adjustments.
✔ Schedule your home inspection & appraisal right away.
✔ Review the inspection report quickly and negotiate repairs early.
✔ If the appraisal is low, work with your lender to find solutions fast.
📌 Pro Tip: A delayed appraisal is one of the most common reasons for closing delays. Order it as soon as possible!
✅ Review Closing Documents in Advance
Many buyers don’t see their closing documents until the last minute—which is risky. Errors or missing information can delay closing.
✔ Ask for closing disclosures & settlement statements early.
✔ Double-check your name, loan amount, and property details for accuracy.
✔ Make sure your down payment and closing cost funds are ready.
📌 Did You Know? At Arrowhead Title, Inc., we help buyers review documents ahead of time to catch mistakes before closing day.
3. What to Do If Your Closing Is Delayed
Even with the best preparation, delays can still happen. Here’s what to do:
🔹 If it’s a financing delay: Work with your lender to quickly provide any missing documents.
🔹 If it’s a title issue: Let Arrowhead Title, Inc. handle it—we specialize in resolving title problems fast.
🔹 If it’s a document error: Request immediate corrections from your lender, title company, or real estate agent.
📌 The good news? Most delays can be fixed within a few days if handled properly!
How Arrowhead Title, Inc. Ensures an On-Time Closing
For nearly 40 years, we’ve been helping homebuyers, sellers, and real estate agents navigate the closing process smoothly and efficiently.
🔹 How We Help Prevent Delays:
✔ Accurate Title Searches – No last-minute surprises.
✔ Efficient Escrow Services – Funds are securely handled.
✔ Clear Communication – We work with all parties to keep everything on track.
📌 Need a closing expert? Trust Arrowhead Title, Inc.—because where accuracy matters, delays don’t happen.
Close On Time with Arrowhead Title, Inc.!
🔹 Buying a home? Don’t let delays ruin your closing. Work with Arrowhead Title, Inc., where accuracy and efficiency come first!
📞 Call us at: (573) 302-1950
📍 Visit our office: 750 Bagnell Dam Blvd, Suite B, Lake Ozark, MO 65049
🌐 Learn more at: www.arrowheadtitle.com
🔹 Arrowhead Title, Inc. – Where Accuracy Matters.
