Typical Time Delay

• Decides last minute they don't like information provided

2 weeks or *

• Decides last minute they don't like the property

2 weeks or *

• Wants property repaired/cleaned prior to close

1 to 3 weeks

• Borrower does not qualify because of a late addition of information

2 weeks or *

• Requires at last minute a re-appraisal

2 weeks or *

• Investor loses file

1 to 3 weeks

• The Investor asks for additional information (these are called Conditions) from the buyer

1 week or *

• Investor too busy

1 to 3 weeks

• Investor waits to verify all income information with IRS

1 week or *

Typical Time Delay

• Does not get all documents signed promptly

1 to 3 weeks

• Did not structure the transaction properly

1 week or *

• Did not pre-qualify the client for motivation

2 weeks or *

• Misunderstands-understands or lacks real estate experience

1 week or *

• Won't return phone calls

1 to 3 weeks

• Transfers to another office

1 week

• Goes on vacation leaving no one to handle file

1 to 4 weeks

• Has poor people skills with client

1 to 3 weeks

• Gets client(s) upset over minor points

1 to 3 weeks

• Does not communicate with their client(s)

1 to 4 weeks

Typical Time Delay

• Fails to notify agents of unsigned or unreturned documents so that the agents can cure the problems

1 week or *

• Fails to obtain information from beneficiaries, lien holders, title companies, insurance companies, or lenders in a timely manner.

1 week or *

• Incorrectly prepares paperwork

1 to 3 weeks

• Incorrect at interpreting or assuming aspects of the transaction and then passing these items on to related parties

1 week or *

• Lets principals leave town without getting all necessary signatures

1 to 2 weeks

• Too busy

1 to 3 weeks

• Loses paperwork

1 to 3 weeks

• Does not pass on valuable information fast enough

1 to 4 weeks

• Does not coordinate well so that many items can be done simultaneously.

1 to 4 weeks

Typical Time Delay

• Loses motivation (i.e. lost job transfer, etc)

1 week or *

• Nets less money from sale than originally believed

1 week or *

• Cannot find another home to purchase

1 week or *

• Illness, divorce, etc

1 week or *

• Unknown defects are discovered

1 week or *

• Home inspection reveals average amount of small defects that seller is unwilling-willing to repair

1 week or *

• Removes property from the premises that the buyer believed was included

1 to 3 weeks

• Is unable to clear up problems or liens

1 week or *

• Last minute solvable liens are discovered

1 to 3 weeks

• Did not own 100% of property as disclosed

1 week or *

• Seller thought partners signatures were "no problem" but they were!

1 week or *

• Leaves town without giving power of attorney

1 to 4 weeks

• The notary did not make a clear stamp when
• notarizing the seller's signatures

3 days - 1 wk

• Seller delays the projected move-out date.

1 day or *

Typical Time Delay

• Earthquake, fire, rain, etc.

1 week or *

Typical Time Delay

• Too picky.

1 day or *

• Infuriates seller.

1 week or *

• Makes mistakes.

1 to 3 weeks

• Delays completing report

1 week or *

Typical Time Delay

• Takes extended amount of time to deliver Pre-lims

1 to 2 weeks

• Does not find liens or problems until last minute

1 week or *

• Does not "bend the rules" on small problems

1 to 3 weeks

• Poor service

1 to 3 weeks

• Loses paperwork

1 to 2 weeks