We recommend that you plan at least a 3 hour window for closing in case there are any unforeseen delays.

The holding costs continue to build up during these unforeseen setbacks.  

What happens if you can't manage to save your monthly goal (I think you mentioned $2000) because of unforeseen expenses?

  - When you have the capital you can then make intelligent investment decisions knowing that regardless you have a fully funded 401k and living expenses to cover any unforeseen circumstances.   

Rather, the bill will cause unintended consequences for the market by reducing the number of homes available for sale – further depressing California’s ownership housing supply.In a time of record surplus, the state should not punish property owners simply for deciding to move due to unforeseen life events.

One couple are each managers for two different companies and paid late a few months ago due to an unforeseen expense.

The issues where we have to decrease the LTV is when the property forms debt cover, lower than expected FICO, rates increase while the loan was floating or unforeseen issues that came up in title search.

And the way my wife and I look at it is that the unforeseen expenses and stress was part of our "real estate education", which has made us better, smarter, and more resilient property owners and real estate investors.

They are not a developer, and instead cater specifically to homeowners, but understanding these things ahead of time can save our clients money as well as the company headaches of having to pay for things that were not in scope and only having to charge extra for things that were truly unforeseen. 

He ended up close to $200K in rehab/financing costs due to an unforeseen foundation issue and very high carry costs due to not being able to sell quickly.