FSBO - Check Buyer's Mortgage

Throughout the settlement process, it's a good idea to know where they buyers stand in regard to their mortgage approval. The week before closing check that the loan process is going smoothly. The settlement agency should receive a "loan package" with information about the buyers loan closer to the day of settlement. Call the loan officer and find out how the loan is progressing, if the appraisal came in at the value expected and if there are any potential problems with settlement.