09/24/2026
Financing and appraisal are two areas where a deal can still fall apart. 🏠
If a buyer gets denied for their mortgage or their financing falls through, they may not be able to close. Even cash buyers can run into problems if they no longer have the funds available at closing.
I’ve personally had a situation where a cash buyer gambled away the money they needed for closing — and couldn’t come up with the funds when it was time to close.
Appraisal can create another challenge. If the home appraises for less than the agreed-upon purchase price, the buyer may need to bring additional money to closing to make up the difference. Sometimes, they simply can’t.
That’s why having your financing in order, understanding your numbers, and being prepared for potential appraisal issues can make a huge difference in getting to the closing table.
