Problems During Your Home Sale

 Your house is under agreement, the buyer seems great. You’re all set, right? Now you just have to pack your stuff and wait for the closing date. Unfortunately, there are still some things that can go sideways, costing you money and maybe even derailing the transaction.

 With most home sales, there are four opportunities for things to go wrong:

• Home Inspection Problems – home inspector finds something that will be expensive to fix or something that makes buyer uncomfortable. See more detail about what can go wrong and what you can do here. 
• Purchase and Sale Negotiation – attorneys aren’t getting along or buyer is asking for something that you don’t feel good about. More on these issues here.
• Bank Appraisal – the bank appraiser doesn’t feel the house is worth as much as the accepted offer. In this case, you can request another appraisal or negotiate the difference. 
• Buyer Financing – lender doesn’t approve buyer’s loan. There’s often not much you can do about this if you don’t find out until the last minute. It’s best to avoid this by having your agent talk to the lender before even accepting the offer. 

For any type of problem, consider the following:

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