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walk-thru inspection
Out Of Bounds2

In-bounds or Out? The Standard for Buyers’ Walk-Through Inspection

“Substantially the Condition,” Defined (Sort of) [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] “Buyer has the right to a walk-through review of the property prior to closing...
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Seller’s Housewarming Gift For Buyer. Not

Left Holding the (Garbage) Bag: Reason #17 for Buyers to Do a Walk-Through Inspection It’s certainly possible that the weekly garbage collector will haul away all of the Seller’s junk, left curbside. But, I wouldn’t count on it. And neither should the Buyer. Instead, I’d negotiate either: a) a $500 escrow (holdback) from the sales proceeds,...
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Early Move-In (No Agreement)

Homing Instinct Sellers frown on Buyers moving in before closing, for about 27 (valid) reasons. But, the Momma raccoon that set up housekeeping in my client’s window well hardly asked anyone’s permission. And since my clients moved out-of-town well before closing, it fell to the Buyer ” and specifically, their pre-closing walk-thru inspection ” to...
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Departing Home Seller: “How Clean Does it Have to Be?”

“Substantially the Same Condition” & The Golden Rule “I know it when I see it.” —Supreme Court Justice Potter Stewart, on the legal definition of what constitutes pornography. “Buyer has the right to a walk-through review of the property prior to closing to establish that the property is in substantially the same condition as of the...
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“Substantially the Same Condition,” Defined (Sort of)

Standard for Buyer’s Walk-Through Inspection [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.  If you need legal advice, please consult an attorney.] “Buyer has the right to a walk-through review of the property prior to closing to...
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Home Buyer’s Final Walk-Through Inspection

Five-Step Checklist One of the last steps before closing ” in fact, sometimes done on the way to closing* ” is the Buyer’s walk-thru. To my mind, at least, the Buyer’s walk-thru has these five goals: One. Determine that there’s been no change in the home’s condition since the Inspection Contingency was removed. What can...
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