Final walk throughs of your property are vital
Before making any offer on a property, home shoppers usually make visits to many home viewings and open houses. Owning a home is the biggest dream that every person holds dear, and these preliminary visits are often associated with a lot of feelings at least for those buying a home for the first time. There is a thin line between making the right and wrong decisions therefore it is important to be well informed to be on the safe side. Every professional has a fundamental role to play in preparing buyers of the various available options to assist them make very independent and informed decisions.
When the procedural steps of purchasing a home are in completion, some buyers are overcome by excitement and instead of focusing on the condition of the home they rush to consider the plans they have for the home. The final walk-through should be used for focusing on the areas like repairs before sealing the deal, at this stage the buyer should endeavor to confirm that all features are functioning well, as stated in the purchase agreement.
Buyers should carry along with them their purchase agreements during the walk-through so that in the event they are needed to refer to the contractual terms during the analysis, they can readily do so. This also acts as a checklist so that nothing is left out during that time.
Ensure that there are no items left behind that were not included in the negotiations. Sometimes sellers leave behind boxes in the attic, or some old scrape metals at the garage.
Before the closing of the agreement buyers should demand that the seller meets all the terms and conditions of the purchase agreement and renegotiate new terms if there are repairs and missing features discovered during the final walk-through. When sellers fail to meet the terms of the contract, buyers may be able to freely walk away from the sale.
This is the last chance for buyers to view the home before signing and for the seller to make sure the closing goes off without a hitch.
Title Junction is a full service real estate title company serving the area of Fort Myers, Cape Coral and the entire state of Florida since 2005. The company handles a number of real estate title services for both commercial and residential properties.
Have questions? Give us a call at 239.415.6574.
In case you missed it, check out our last Title Junction post: Things To Consider When Buying a Vacation Home