That’s the million dollar question these days. Everyone needs to schedule their move. Sellers have to have the movers and buyers have to have their funds to close. What happens when the bank can’t get the papers done or there are still conditions to be met? Closing is delayed. And how many closings are delayed? Actually, in the real world, about 50% to 60% of the loans close on time. Others may be a day late, a week late or even several weeks late. Who is responsible for charges incurred if a buyer does not close on the home on
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