Don’t Forget to Inspect The House Before You Make Final Decision
You move into your new home for the first time after closing a profitable deal with great excitement! But what if, on your arrival, you find that the lawn is overgrown, the lights do not flicker, there is not even a lone bulb in any part of the house and the leaky plumbing is not fixed?? Such a situation is sure to frustrate you!
If you do not want to face any unpleasant surprises on your arrival, you must inspect the home before you move in! But remember, a walk though the entire house to inspect each and every corner of the property must be done at least a week before closing the deal!
It is the housing law that the seller is responsible for the property until the closing of the deal. That is, if a glass breaks or a tap gives way in the period between purchase and closing, then it is the responsibility of the seller to fix it as per the contract. Hence taking an inspection walkthrough during that period before the closing is in the buyer’s advantage. During this walkthrough, the buyer also has the right to confirm that all the repair works agreed upon by the seller are complete and the property is in good condition. As a buyer, you can also ask for the invoice copies of the work done before closing. You also have the right to document the photocopies of these invoices for further reference. If the seller has done the work on his own, then you can ask for an itemized description of the work completed before closing!
It is always good to ask your realtor to accompany you during the final walkthrough. With your realtor’s help and guidance you will be able to make a note of all that is necessary. If you find that the condition of the property is not the same as it was when you first saw the property, you can put that down in writing. You can then have your realtor contact the seller’s realtor and make sure that the work is completed before closure. When you make a purchase contract, make sure you include a provision that states that the seller must deliver the property free from personal property like refrigerators, driers, and other appliances that are not built in.
Thus by taking a walk through the property you have purchased before you move in, you can make sure that everything is in good condition and you can easily settle in your new home without much troubles!!
For additional resources and information please visit the following sites.
Bill Fields All Star Coaching Program: http://www.AllStarCoaching.net
GreatWest GMAC Search all MLS Listings: http://www.LocalHomeLink.com
GreatWest GMAC Consumer Buyer/Seller Blog: http://www.GreatWestBlog.com
T. Sami Siddiqui (Broker/ Owner) Buzz About Sacramento Blog: http://www.samisiddiquiblog.com
Brodie Stephens (Executive Vice President) One Stop Blog: http://www.brodiestephensblog.com
GreatWest Podcasts- Weekly Updates on new REO, Short Sale, Bank Owned Foreclosure Listings: http://www.HouseTalkOnline.com
GreatWest Videos: http://www.youtube.com/brodiestephens
Facebook Brodie Stephens Profile Page: http://www.facebook.com/brodiestephens
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GreatWest Real Estate Careers- GMAC is looking for Professional Realtors to Join Us: http://www.CareersWithUs.com
Global Employee Relocation: http://www.employeerelocation.blogspot.com
Apply for a Loan: http://www.choice1funding.com
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