Lender keeps pushing closing

[Carlton B.]

We were just pushed for the forth time by the buyers lender since inspection and appraisal. Has other sellers seen this type of behavior from lenders? Without explanation I tend to think it is something negative, but if there is a lender out there with a logical explanation please share. -Thanks

[Lynn McGeein]

@Carlton B. The last time this happened to me it was because during lender review right before closing, apparently found they were still missing an employer verification form. Usually contract states how to exit contract after x days from stated closing date if issues aren’t fixed. Use that as pressure to find out exactly what holdup is. For me, turned out that buyer went part-time days before closing, lender delaying while trying to make it work. Ended with buyer defaulting, then sold quickly once released.