Bank Delayed Closing

[Matt Hanson]

I recently joined BP and have found tons of answers that have come up while shopping for our first SFH rental. We were supposed to close on our first deal in a few years this Wednesday, but the bank is delaying the closing (I didn't get a reason yet). This is foreclosure from a big bank. My question is is this common to experience delays in foreclosures regardless of specified dates? I'm a little bummed since we have a renter lined up and now the date to close has been moved back.