Protect yourself and your clients with a visual inspection before closing.
When you’re representing buyers in a deal, don’t forget to make sure a “final walk-through” is included prior to closing. This is especially true in a market where desperate and less-than-reputable sellers may try and walk out with the fixtures. While that may sound a little extreme, the final walk-through can head-off conflict after closing (and even warm up buyers and sellers prior to closing).
Scheduling a final walk-through 4 – 7 days prior to closing will allow your clients to address issues such as:
- If the current owner is on schedule to move out
- That the property is in the same condition it was when shown
- That any repairs required have been completed
In a best-case scenario, a final walk-through is also a good time to have the sellers explain details about the house that the buyer may need to know– especially tricky pool heaters, access to attics, funny light switches, and sprinkler timers. It’s also a great time to put together a list of companies who have serviced the house in the past.
Show you’re on the ball with a great walk-through strategy!