Wednesday, October 07, 2009

“Walk thru” prior to closing…

Typically done on the day of closing, the buyer (or agent) will check the property again, to make sure that everything is in the same condition as when the buyer bought the property.

BIG misconception as to what “walk thru” really means.

Many agents think that it is just to see that the house is standing or that the kitchen is still there. Not true,…it is much more than that. If all the appliances were working during the home inspections, then they should all be working on the day of closing. The walk-thru is to check to make sure that nothing has changed…

The Florida contract specifies that the seller is to have the utilities on for the “walk-thru”…the electric to check the appliances and A/C unit and water to make sure that the plumbing is still working and the septic did not collapse.

Do not let anyone minimize the importance…we have experienced lightening damaging the appliances, sellers remove the washer that was to stay with the property, new roof leaks, good fans replaced with cheaper ones, missing carpet, broken windows and more…