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November 2025

what-is-a-dry-closing?-how-it-works,-risks,-and-state-rules

What Is a Dry Closing? How It Works, Risks, and State Rules

A dry closing is a closing where all documents are signed, but the transaction isn’t funded on the same day. The lender typically wires the funds the next business day, after completing final reviews. Until the money arrives, the buyer doesn’t legally take ownership and the seller doesn’t receive payment.  Dry closings are allowed in some states and prohibited in others. While they can prevent...

how-long-is-a-mortgage-preapproval-good-for?-timeline,-tips,-and-what-to-do-if-it-expires

How Long Is a Mortgage Preapproval Good For? Timeline, Tips, and What to Do If It Expires

If you’re planning to buy a home, getting preapproved for a mortgage is one of the most important early steps. But many buyers don’t realize these letters don’t last forever — and an expired preapproval can slow down your home search, whether you’re exploring a home for sale in San Diego, CA or eyeing a charming house in Seattle, WA. This Redfin article breaks down how long a mortgage preapproval...