1. Lender does not properly pre-approve borrower. 2 weeks or

2. Lender decides last minute they don't like borrower 2 weeks or

3. Lender decides last minute they don't like the property` 2 weeks or

4. Lender wants property repaired or cleaned prior to close 1 to 3 weeks

5. Lender raises rates, points, or costs 2 weeks or

6. Borrower does not qualify because of a late addition of information 2 weeks or

7. Lender requires, last minute, re-appraisal 2 weeks or

8. The borrower does not like the fine print in the loan documents

that we receive 3 days before closing. 3 days or

9. Lender loses file. 1 to 3 weeks

10. The lender does not simultaneously ask for information from the buyer

They ask for information in bits and pieces, thus infuriating the buyer 1 to 4 weeks

THE COOPERATIVE AGENT

1. Will not return phone calls 1 to 3 weeks

2. Transfers to another office 1 week

3. Did not pre-qualify the client for motivation 2 weeks or

4. Goes on vacation and leaves no one to handle file 1 to 4 weeks

5. Does not understand or lacks experience in real estate 1 week

6. Poor people skills 1 to 3 weeks

7. Gets client upset over minor points 1 to 3 weeks

8. Does not communicate with their client 1 to 4 weeks

THE BUYER

1. Did not tell the truth on loan application 1 week or

2. Did not tell the truth to their agent 1 week or

3. Submits incorrect tax returns to lender 4 weeks or

4. Lacks motivation 1 week or

5. Source of down payment changes 1 week or

6. Family members do not like purchase 1 week or

7. Is too picky regarding condition 1 week or

8. Finds another property that is a better deal 1 week or

9. They are "nibblers" (always negotiating) 1 week or

10. The buyers bring an attorney into the picture 2 weeks or

11. They do not execute paperwork in a timely manner 3 weeks or

12. They do not deliver their money in a "check cleared" fashion to

The closing agent. 1 to 2 weeks

13. Job change, illness, divorce, or other financial setback 3 weeks

14. Comes up short on money 1 week or

15. Does not obtain insurance in a timely manner 1 to 4 weeks

ESCROW

1. Fails to notify agents of unsigned or unreturned documents so that the

Agents can cure the problems relating to same. 1 week or

2. Fails to obtain information from beneficiaries, lien holders, title lien

holders, title companies, or lenders in a timely manner. 1 to 2 weeks

3. Allows principals to leave town without getting all necessary

Signatures. 1 to 2 weeks

4. Incorrect at interpreting or assuming aspects of the transaction and

Then passing these items on to related parties such as lenders, attorneys,

Buyers, and sellers. 1 week or

5. Too busy. 1 to 3 weeks

6. Loses paperwork 1 to 3 weeks

7. Incorrectly prepares paperwork 1 to 3 weeks

8. Does not pass on valuable information fast enough. 1 to 4 weeks

9. Does not coordinate preventing items that can be done simultaneously 1 to 4 weeks

SELLER:

1. Loses motivation (i.e., job transfer did not go through, etc) 1 week or

2. Illness, divorce, etc 1 week or

3. Has hidden defects that are subsequently discovered. 1 week or

4. Unknown defects are discovered. 1 week or

5. Home inspection reveals average amount of small defects that seller

is unwilling-willing to repair. 1 week or

6. Gets an attorney involved. 1 week or

7. Removes property from premises that buyer believed was included

in closing process. 1 to 3 weeks

8. Is unable to clear up problems or liens. 1 week or

9. Last minute solvable liens are discovered. 1 to 3 weeks

10. Seller did not own 100% of property as previously disclosed. 1 week or

11. Seller though partners signatures were "no problem" but they were! 1 week or

12. Seller leaves town without giving anyone power of attorney. 1 to 4 weeks

13. The notary did not make a clear stamp when notarizing the sellers

signatures. 3 days - 1 week

14. Seller delay the projected move-out date. 1 day or

ACTS OF GOD - Earthquake, tornados, fire, hurricane, snow 1 day or

THE APPRAISAL

1. The appraiser is not local and misunderstands the market. 1 to 3 weeks

2. No comparable sales available 1 week or

3. Appraiser delays (too busy) 1 to 3 weeks

4. Incorrect appraisal 1 to 3 weeks

5. Appraisal too low 1 week or

INSPECTION COMPANY

1. Too picky. 1 day or

2. Scares buyer 1 week or

3. Infuriates seller 1 week or

4. Makes mistakes 1 to 3 weeks

5. Delays report 1 week or

TITLE COMPANY

1. Does not find liens or problems until last minute 1 week or

2. Does not bend rules on small problems 1 to 3 weeks

3. Poor service 1 to 3 weeks

4. Loses paperwork. 1 to 2 weeks