Forgo final walk-through at your own risk

Sellers don't always play by rules when moving out

By Dian Hymer
Inman News®

Purchase contracts often include a provision for the buyers to walk through the property with their real estate agent about five days or so before closing. This is not a contingency of the contract.

It provides the buyers an opportunity to confirm that the property is in substantially the same condition it was when their offer to purchase was accepted by the sellers, and to confirm that any repairs the sellers agreed to do have been completed.

If you do a walk-through and discover that repair items haven't been done per the contract or that the sellers' possessions haven't been completely removed from the property, ask your agent to put the findings in writing. Your agent can then deliver the "to do" list to the sellers so that there is no question about what remains to be done before closing.

More here.

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