How to Reduce Closing Delays
Most closing delays are preventable. After processing thousands of Colorado mortgage files, CTC has identified the top causes of closing delays — and the exact steps that eliminate them.
Frequently Asked Questions
What is the single biggest cause of closing delays?
Appraisal turnaround time — especially in resort, mountain, and rural Colorado markets where appraiser panels are thin. CTC orders appraisals on day 1 of every file and monitors AMC status daily.
How long do HOA documents take in Colorado?
HOA management companies in Colorado typically take 5–10 business days to deliver resale certificates and condo questionnaires. CTC requests HOA documents on day 1 and follows up every 2 days.
What is the best way to prevent a last-minute closing delay?
Front-load every third-party order — appraisal, HOA docs, title, insurance — on day 1. CTC's intake process triggers all third-party orders simultaneously on the day the file is received.
Put this into practice.
CTC handles the file so you can stay in front of borrowers and Realtors.