Issues That Can Arise During A Closing

During a real estate closing, several potential issues can arise, posing challenges to the smooth completion of the transaction. One common issue is the discovery of title defects, such as liens, encumbrances, or boundary disputes, which may complicate the transfer of ownership. Financing problems, including delays in mortgage approval or changes in the buyer's financial situation, can also disrupt the closing process.

Additionally, discrepancies in property condition or unexpected repairs identified during the final walkthrough may require negotiation between the buyer and seller. Legal complications, such as contract disputes or documentation errors, could further prolong the closing timeline. It's essential for all parties involved to remain vigilant and address any issues promptly to ensure a successful and timely closing.