Tuesday, October 1, 2013

Final Walk-Through

One of the last steps before closing is the final walk-through. Sellers need to make sure all personal items are no longer at the property and everything is generally in the same condition it was in when the buyers made their offer. The contract states:

"Said premises shall then be broom clean, free of all possessions and debris, and in substantially the same condition as at present, expecting reasonable use and wear."

While it is always a bonus for a buyer to find a house more than broom swept and free or previous home owner dirt, it is not explicitly agreed upon in the contract. If you're a buyer with a fear of germs, consider hiring a cleaner for the day after closing! However, all items (unless agreed upon in the contract or throughout the transaction) must be removed so at the closing table keys can be transferred and the new homeowners can begin the moving process right away.

Megan has completed many many walk-throughs in her career and she's seen it all from immaculate homes to ones with lots of "treasures" still remaining. As a buyer, never skip the walk-through, even if the home was already vacant - faucets could have begun leaking, vandalism could have occurred, or perhaps the roof fell in! All extreme scenarios aside, as a seller and as a buyer, this last step should be a pleasant one that leads to a smooth closing!

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