19 hours ago
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Posted On: November 3rd 2026, 03:04 pm
Three weeks before closing, the guy buying your house bought a truck. 🚚
$68,000, financed. His lender re-checked his file before closing, the new payment moved his debt ratio, and his mortgage came back $40,000 short.
None of that is the seller's mistake, but it's still the seller's problem. Home Closing Insurance protects you, the seller, as the insured party. If your buyer closes late, it can advance your carrying costs through the wait. If they can't close, it covers your loss, including the costs of selling again, depending on the coverage you choose.
(Illustrative example.)
🛡 Secure My Offer - Home Closing Insurance
🕒 Coverage must be in place at least 14 days before your closing date.
💰 Nothing is paid until your deal is firm.
💡 Learn more at securemyoffer.com.
#SecureMyOffer #HomeClosingInsurance #CanadianRealEstate #SellerProtection #HomeSelling
$68,000, financed. His lender re-checked his file before closing, the new payment moved his debt ratio, and his mortgage came back $40,000 short.
None of that is the seller's mistake, but it's still the seller's problem. Home Closing Insurance protects you, the seller, as the insured party. If your buyer closes late, it can advance your carrying costs through the wait. If they can't close, it covers your loss, including the costs of selling again, depending on the coverage you choose.
(Illustrative example.)
🛡 Secure My Offer - Home Closing Insurance
🕒 Coverage must be in place at least 14 days before your closing date.
💰 Nothing is paid until your deal is firm.
💡 Learn more at securemyoffer.com.
#SecureMyOffer #HomeClosingInsurance #CanadianRealEstate #SellerProtection #HomeSelling
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