home you can’t have. Going through the entire process and finalizing everything with the seller and listing agent, but then faltering in the financing department, will stall or probably sink the deal, almost every time. Title insurance and even more home inspections should also be expected as part of the closing process. The lender will have to ensure the seller fully owns the house. Defaulters will not own the house fully. It’s important that you keep these potential pitfalls in mind before you get to the closing process. If something goes wrong, but appropriate contingencies are in place, the deal could still be saved. But better to be safe than sorry — so protect yourself and take the right steps to get you where you want to go.
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