I finish all sanding/airfoiling on the fins before using CA.
And I complete all fin/body attachments and fillets.
But after that, I swab on the cheap CA (little tubes from the dollar store) using a Qtip. It doesn't take much of a covering to seal most of the balsa.
After the CA cures I do a light sanding with a few grades of sandpaper and then fill the remaining grain roughness with lightweight spackle. Sand again and spackle again until satisfied with surface smoothness, and then prime and sand some more. (Eventually I use paint.)