More and more, buyers are finding:
- Locked storage rooms that could not be examined
- Crawlspaces that were not cleaned out
- Broken washing machines
- Backed up plumbing
- Missing mailbox keys
I’m increasingly in favor of having the final walk thru the day before closing and not the day of closing. This allows time to identify problems; and gives sellers and attorneys more time to address issues before closing. The logistics may not work out for all deals; yet allowing sufficient time to act has become a luxury few are willing to allow themselves.
That said, here are two pre-closing checklists I’d like to see broker and buyers complete to avoid last-minute drama.
During buying process
- Go on record with the listing broker to make sure that keys for all locks are available
- Ensure seller has identified the location of any condo common area storage and /or mailboxes
- Confirm how ALL property keys will be delivered—or where they will be located
- Confirm the number of key fobs, garage transmitters, and parking passes
- Look in every closet and storage space
- Open and close every door
- Run every appliance (even the furnace)
- Flush every toilet
- Run every faucet
- Ensure every key fob, garage transmitter, and parking pass is in possession or accounted for
Buyers: don't hesitate to call in a real estate lawyer. Let us help negotiate credits, confirm repairs, and secure commitments to clear out that last roomful of abandoned furniture…before it all becomes yours.