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The Final Walk-Through - What You Should Be Looking For

By
Title Insurance with Title Junction, LLC

 

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 sensation and thrill 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 in order to be on the safe side. Every professional has a vital role to play in sensitizing 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 pretty 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 in the event that there are repairs and missing features discovered during the final walk-through. When sellers fail to meet the terms of the contract, buyers can freely walk away from the sale.

This is the last chance for buyers to review 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. Employees of Title Junction can also act as a witness in courtesy closings as well as an escrow agent or a notary public.

Please contact Jennifer Ferri of Title Junction, LLC for further information @ 239-415-6574 or www.title-junction.com



 

Posted by

Jennifer Ferri

Owner and Operator

Title Junction LLC

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