Ron, oh yes, very typical. But never more than 3 days past contract closing date. Always with mine it has been because of the lender, always the lender. Maybe they are not taught to prioritize...

I'd have to go back and look to be certain, but like Mary, it seems to always be the lender that causes a delay in closing. I'm almost certain it's the lender 100% of the time. I can't recall a delay situation that was not due to the lender. There may have been 1 or 2 I'm forgetting that weren't lender realted.

That's not to say that agents couldn't do a better job puching the lender to perform on time. I know I'm all over them.

I ALWAYS try to get the lender to close 3 days early so things like this don't happen. The lenders and doing it more and more with the delays. So I've started to account for it and plan on 3 days before the day I tell the other agent and the seller.

Todd

Yes it is almost always the lenders.  They don't seem to have any sense of urgency whatsoever!  That's not all of them - there are a few we deal with that are awesome..but some are just painful to deal with.  

Carol

Almost always the lender, unless it's a repo, then I get to blame it on the seller. Had one go on hold this afternoon...lender got bought out by another banking entity last Friday. No closing tomorrow, but the good news is "There are only 3 ahead of us"

I just love real estate :-)))

Hofstaders Law:  Everything takes longer than you think it will, even when you take Hofstaders Law into account.

It doesn't happen much to me, but when it has it was the lenders fault. If worried and it would be an inconvienience to the seller for a delay I let them know we can add a per diem charge.

I have found that it is almost always the lender too.  Some are very good at what they do but others are either overworked or lazy.

Then they get annoyed with me when I bug them every day.

I have to agree!  This has happened to me and I know I do my job!! They too get annoyed with me (the lender) I think they wait until the very last minute to do what they need to do. It is not their family in limbo and then they just point the finger!! Can you tell this is a soar subject with me?

Well the odds just changed today, now the lender is blaming the underwriter... same pot to me...

Lender or underwriting I agree is the same thing. Money is coming from them and it isn't where it's supposed to be. I had a lender ask me to stop calling them, I was calling ever hour checking because it was 2 days before Thanksgiving and everyone( both agents, seller, buyer and attorney) were all going out of town. We were 12 days past the scheduled closing date and the seller was p**ssed. The lender finally came through at 4:30, they even paid for 2 days of per diem out of their pocket. Probably wrote in into their "fee's" to the buyer.. Worst one so far.

Most of mine close when scheduled, Thankfully.