Within 24-48 hours before the closing you need
to schedule a final walk-through inspection of the house. In fact, the closer
to the moment of closing, the better. You want to check that the property is the
same as when you signed the initial contract. This is your time to make sure the
sellers are keeping their end of the bargain before money exchanges hands.
instance, if you negotiated for light fixtures, window treatments, or other items
within the home to remain in the home as part of the contract, you need to go
to the home and confirm that they are still physically there before you close.
Just because the sellers seem like "nice" people, doesn't guarantee
they are. Some otherwise intelligent home buyers have forgone the pre-closing
inspection only to open the door to their new home and see bare windows, torn
up flooring, scratches in the walls from moving and no appliances that were all
supposed to convey. This is a good time to be skeptical and check up on the sellers.
Look at the home prior to closing to make sure it is exactly the way it was when
you last saw it.
If the home
is new construction, make sure the builder included everything that was promised.
Be sure to check if the appliance and fixture models are the correct ones you
requested. If there are things that still need to be included or fixed, have your
contractor create a punch list and have it entered into the closing. This way
you are ensured that the items on the punch list will be completed.
find something wrong with the house, call your attorney immediately. He or she
can present a list of items to the seller's attorney that need to be fixed or
ask for a credit so you can repair those items yourself after the closing.
Assuming you find everything as expected during your walk-through
inspection, in a VERY short time you will discover that (Ta-Da!) you have suddenly-finally
become the proud, owner of your very own castle, with all of its attendant rights,
responsibilities and pleasures. Congratulations!
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