4 Critical Phases to Close Your Home Sale

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Real Estate

How to Prevent Your Home Sale from Falling Through: A Black Belt's Guide to Success


According to the National Association of Realtors (NAR), about 6% of contracts are terminated, and 14% face delays. As both a black belt and a real estate professional, I'm here to help you avoid becoming part of these statistics.

Just as in martial arts, where the fight isn't over until you've properly executed your finishing move, in real estate, accepting an offer is just the beginning. Having guided clients through transactions from $225,000 homes in Wintergreen to $549,000 luxury properties in Natural Bridge, I've identified the four critical phases that determine whether your sale succeeds or falls through.

Phase 1: The Critical Inspection Period (Days 1-10)
Industry data shows that approximately 10-15% of buyers consider walking away after inspection findings. This crucial first phase often determines whether your sale succeeds or fails.

Three major deal-breakers consistently make buyers walk away:

  • Hidden water damage (basements and windows)
  • Electrical system issues (especially pre-1990 homes)
  • Structural concerns (foundation to roof)

Protection Strategy: As someone who used martial arts training to survive a 2020 open house attack, I know the value of preparation. Always get a pre-listing inspection to identify and address issues before they become deal-breakers.

Phase 2: Mastering Post-Inspection Negotiations
Here's the good news: 80% of inspection issues can be resolved with one simple approach – a repair credit at closing.

Benefits of this strategy:

  • Sellers avoid rushed repairs
  • Buyers choose their contractors
  • Closing timeline stays on track
  • Prevents repair quality disputes

Black Belt Tip: Learn more about negotiation strategies in my Escalation Clause Guide.

Phase 3: Essential Paperwork Timeline
Three non-negotiable deadlines that could cost you thousands:

  • Earnest Money Deposit (5 calendar days) - Contract void risk if missed
  • Due Diligence Deadline - Affects repair negotiation power- Critical for inspection completion
  • Loan Commitment Deadline - Impacts both parties - Could void contract if missed

Protection Tip: Download my Wire Fraud Protection Guide to secure your earnest money deposit.

Phase 4: Securing Your Closing Success
Critical closing day protection steps:

Wire Instruction Verification

  • Never trust email instructions
  • Call title company directly
  • Verify all account details

Final Walkthrough (24-hour window)

  • Property condition verification
  • Systems check
  • Repair completion confirmation

Settlement Statement Review

  • Number verification
  • Credit confirmation
  • Detail accuracy check

Success Strategy: Learn more about this topic, check out my YouTube video on the topic here.

Learn more about protecting your investment in my Buyer Representation Agreement Guide.

Ready to Master Your Real Estate Journey?

As THE KARATE REALTOR® and @TheKarateRealtor on YouTube, I bring black belt discipline to every real estate transaction. Want more expert real estate tips? Subscribe to my YouTube channel for weekly insights on:

📱 Contact Your Real Estate Protection Expert:

📞 Call: (540) 269-5939
🌐 Visit: lenorafarrington.com
📍 Office: 1179 Vista Park Dr Ste A, Forest, VA 24551
🎥 YouTube: @TheKarateRealtor
Serving Roanoke, Lynchburg, Smith Mountain Lake, Bedford County, Campbell County, and Altavista areas.

Life is hard – let's get you home! 🏠 🥋