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Apollo Properties |
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Seller Services |
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Buyer Services |
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UTAH MLS Systems |
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Most buyers understand that they can ask for an initial inspection and bring a licensed house inspector along to point out problems with a home before putting it under contract. But too many first-time buyers aren't told that they should ask for a final walk-through inspection prior to closing. To avoid getting burned, buyers should schedule a walk-through of the home as close to the actual closing date as possible, preferably within 24 to 48 hours prior. The best time to inspect the home is after the sellers move out. The reason behind the walk-through is to protect yourself and your future property from sellers who aren't as honest as they might seem. By inspecting the premises, you can make sure the seller has lived up to his or her agreements in the sales contract. And if something isn't right, you'll know in time to negotiate a solution before the deal is done. What should you look at during your pre-closing inspection? Make sure that the condition of the home hasn't changed since you signed the contract. Make certain that you are thorough: Turn on every appliance, flip every switch, open every door and window, make sure nothing is broken, and verify that everything the seller agreed to leave with the home is there. If you're buying a newly built home, you'll be looking for different things on your walk-through. You want to be sure that everything the contract stipulates is properly provided and working before closing. This includes grass or plants, doorknobs, doorbells, window screens, appliances, fixtures, etc. Test the electrical sockets with a portable radio or lamp, and don't forget light switches in each room. Be sure everything has been painted, and is in working condition. Test the water in the sinks, tubs and showers and flush the toilets. If there is a garage, make sure the electric door opener works. With new construction, there are usually some last minute items the contractor or developer may not complete in time for closing. A "punch list" is a list of all items that need to be fixed in the home before the home is finished. During your pre-closing inspection, write down all of the items that need attention. Have your attorney or agent present the punch list to the developer at closing, and make sure you and the developer agree to the list before you close. If you discover something missing or damaged during the pre-closing inspection, make a list and call your attorney or broker immediately. Your attorney may telephone the seller's attorney before closing or may present a list of items at closing. Either way, the list should be resolved before you close. It is always better to solve potential problems right away than to try to reach the seller or developer after the deal has been closed. Avoid problems and make sure that you're contract includes the right to a pre-closing inspection, and make sure that you use it. |
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The Finest Compliment we can receive is a Referral from you.
