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Buyers can be a little cranky on closing day if things go wrong during the walk-through inspection. For example, the sellers' dependable old dishwasher might stop midway through its cycle and the bathroom sink might clog unexpectedly. These situations can create anxiety for the buyers and sellers, but such problems are quite common and usually simple to resolve.
Most purchase agreements require that the major mechanical systems and the appliances being conveyed are in working order at the time of the closing. Defects are often discovered during the structural inspection, allowing the sellers plenty of time to have the repairs made. Occasionally there are last-minute breakdowns or defects that are not spotted until the walk-through inspection. In that case, an agreement can be made with the sellers at the closing to escrow funds for the repair or replacement of the items in question.
Linda A. Moran Prudential Carruthers Realtors 12308 Ocean Gateway, Suite 1 Ocean City, MD 21842 1-800-367-7350X128 Direct: 410-520-2628 Fax: 410-213-7088 Cell: 443-614-2261 email: LindaMoranRealtor@comcast.net
Linda Moran has been providing real estate services to buyers and sellers for 30 years. She knows the real estate market and can provide you with up to date information regarding the area and surroundings. Call Linda at any of her numbers to chat or email her. She stays on-line and has advanced communications to assist you quickly.
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Real estate agent(s) for Ocean City, Ocean Pines and Berlin, Maryland