strongly considering the offer. Ultimately, they sold for $228,000 while honoring the buyer’s request at the behest of their agent. Pre- housing crisis, homes in this neighbourhood were selling for between $550,000 and $600,000. “In hindsight, I felt that I’d been negotiating against three people—the buyer, his agent, and his own agent,” said the seller. This is no way for a seller to feel. Preclosing Error: Large Bank Deposit Causing Delay A couple buying a seller’s home in Alberta deposited $8,000 in cash into their checking account three days before closing. Their father had given them money to buy new furniture and appliances for the house. Their bank checked balances the day before and it was “dinged,” as this particular transaction required a gift letter. The father had just travelled to the Rocky Mountains for a hunting/fishing trip and no one could reach him. This delayed the closing by two weeks.
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