appropriate financing. While the last two are last-minute issues, they can still derail the deal or kill it. It's important that your agent stays on top of all the issues until everyone has signed and money has changed hands. Keep your emotions in check until the closing process is fully closed. But working with a buyer’s agent and being prepared and informed can make sure you’ve got the bases covered and you’re not left in such a disappointing situation. • Final walk-through: If the seller was supposed to complete repairs but didn't it could become an issue. To avoid this being an issue the day before or of closing, ask that the seller complete the repairs 7 days (when possible) before closing. It's still late but not the last minute. • Low home appraisal: This can also be a deal breaker. If your target home’s appraisal is too low, the lender won’t give you a home loan to purchase it. But not to worry, if the appraisal is accurate the seller should want to negotiate dropping the process since they won't be able to sell to anyone else who will likely have the same appraisal issue. It's basically just another negotiating time. • Financing: This can easily be avoided by ensuring you are financially prepared to buy a new home, which includes knowing your budget, understanding how much you can afford, and getting pre-approved for a loan, as discussed earlier in Step #4. Faltering in the finance department will probably sink the whole deal. As the seller, your agent should be on top of this from day one. Knowing the right questions to ask of the buyer's agent BEFORE you accept their offer can prevent something like this from happening. And having a backup offer in place can also
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