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All agents are NOT alike! Lynne Knapp is a NUMBER1EXPERT Real Estate Agent. Call: (954) 647-5335 DETAILED WEATHER CLICK THE RAINBOW
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How Lucky To Have Chosen Lynne We can't thank Lynne enough, and highly recommend her to anyone local, or out of state, like ourselves. Jim & Meg Mateychuk, Connecticut Read Quote > View All Quotes >
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Closing or Settlement >Walk Through Woes
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.
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| Q |
What is the most expensive piece of property ever recorded?
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| A |
In October 1988, the Mediya Building in central Tokyo was quoted at 358.5 million yen ($248,000) per square foot.
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See More Real Estate Trivia > |
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