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Walk Thru's and the importance of them before closing escrow
Sometimes I think we forget the importance of walk thru's in our business. We know that it is a formality to do one before closing escrow, but do we do them just because it is on our checklist, or do we actually take our repair list and go through the house to make sure the repairs were made?
Most of the time, buyers are excited about getting their keys and making all of the arrangements with the movers and turning utilities on, but do we really do a thorough job at the walk thru? The most important thing to keep in mind is that we are not looking for new problems, but we do need to make sure that the main items work (a/c, heater, plumbing etc) and that nothing is considerably different than when the offer was accepted. Walking through the house and turning on the water, flushing the toilets, turning the a/c on to see if it is blowing cool air, opening and closing the garage door are all tasks that should be done at a walk through to make sure the buyers are moving into a livable house.
If repairs were part of the negotiations, then we need to ... more

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