Which of the following is FALSE regarding the closing process?

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The correct choice highlights that while technology has indeed streamlined many aspects of financial transactions, it does not necessarily mean that all closing processes have become notably easier. When financing is involved, there are still numerous regulatory requirements, documentation, and coordination among various parties that can complicate the process, despite technological advancements.

The other statements have a basis in reality. A seller is typically not required to extend a closing date unless explicitly agreed upon in the contract, thus making option B true. Additionally, in most cases, credit approval for the buyer is a critical step that must be completed before an appraisal can be ordered, aligning with option C as a true statement.

Therefore, while advancements in technology are beneficial, they do not eliminate the inherent complexities of financing transactions, making option A the statement that does not accurately reflect current practices in the closing process.

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