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Buyer’s Final Inspection
The purpose of the walk-through inspection prior to settlement is to determine
if conditions in the contract are satisfied. The time for the buyer to inspect
and note defects for correction by the seller is during the contract
negotiation and prior to signing the sales agreement. Repair or replacement
items should be noted in the contract. Most resale homes are sold in “as is”
condition, however, mechanical, electrical, and plumbing items should be in
working condition.
It is up to the buyer to perform the inspection, not the seller who may or may
not be present. The buyer should be accompanied by the selling broker and/or
the listing broker. The home seller should be sure utilities are on so that
equipment can be operated.
Room by Room
Expect the buyer to try all lights and switches; turn all faucets on and off,
run shower and flush toilets; turn on furnace and central air conditioning (in
off-season, the buyer may hire a professional to certify proper function); test
all stove burners, oven at bake and broil; run some ice cubes through disposal
to test the blades; run the dishwasher, washer, and dryer through complete
cycles; open and close all windows and doors. In short, the buyer should try
everything, including the keys and the fireplace flue.
All deficiencies should be noted. If seller does not correct problems prior to
settlement, funds may be withheld by the settlement attorney for repairs. The
selling broker will coordinate with the listing broker and seller to make
repairs before settlement, if possible. Upon receipt of bills and notification
that repairs are complete, the attorney will release the balance of funds to
the seller, if money is escrowed for needed repairs.
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