Tag

walk-through

Doing a Walk-Thru Inspection of a Tear-Down . . . Why Exactly??

Human vs. Wildlife Squatters Why do a walk-thru inspection of a (very) vacant Minnetonka home that the Buyer intends to tear down after closing? After all, the primary purpose(s) of a walk-thru — usually done within 48 hours of closing — is to make sure there have been no material changes in the home’s condition...
Read More

Waiting to Do the Walk-thru Inspection — or Not Doing it at All

Moot Unless Something’s Happened to the Home It’s not what I recommend to my Buyer clients, but there are plenty of Buyers who put off doing their walk-thru inspection until just before closing. Like, on the way. At least in theory, the Owner has an ongoing duty to update their Seller’s Disclosure up to and...
Read More

Murphy’s Law & the Buyer’s Walk-Through Inspection

Disposing of Old Paint (Or Not) I have an (almost) fail-safe way of predicting whether or not the Buyer wants the Seller’s old paint. If the Seller leaves it . . . the Buyer wants it removed. If the Sellers gets rid of it . . . . the Buyer wanted it left. Coin Flip...
Read More

“Walk-Thru? What’s a ‘Walk-Thru’??”

Not Getting What You Don’t Pay For It won’t show up in my 2012 sales statistics (or my bank account), but one of the more protracted deals I was involved with this past year was helping a good friend (and repeat client) buy a $63,000 St. Paul foreclosure. Why no record of the deal? Because I...
Read More

Archives