The most common causes are condo ROFR waiver processing (20-30 days if the buyer delays submitting their application), coordination failures among the buyer's attorney, seller's attorney, lender's attorney, and managing agent, mortgage commitment delays, title clearance issues, and expired rate locks. Write strict deadlines into the contract for every submission milestone to keep all parties on the critical path.
From the seller playbook: Preventing Closing Delays
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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