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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 |
Where was the great land boom (1919) in which investors paid up to $25,000 for lots not yet dredged up from the ocean?
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| A |
The great Florida land boom brought hundreds of investors to the state after Carl Fisher founded Miami Beach in 1919. |
See More Real Estate Trivia > |
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Harvey Dubov, P.A. RE/MAX Services 6070 North Federal Highway Boca Raton, FL 33487 561-542-7355 Fax: 561-912-3501 harveydubov@NUMBER1EXPERT.com
Servicing all of Broward and Palm Beach Counties. We Specialize in Waterfront Properties, Oceanfront Properties, Country Club Communities, Luxury Condominium, Townhmes, Single Family Homes, Investments, and Gated Communities in Boca Raton, Delray Beach, Highland Beach, Ocean Ridge, Gulf Stream, Manalapan, Hillsboro Mile and Surrounding Areas. Whether you are in the Market to Buy or Sell, Call Harvey. He has successfully fulfilled the dreams of thousands of families throughout South Florida. See why so many homeowners have chosen Harvey Dubov to represent them for all their real estate needs.
Currently Awarded RE/MAX PLATINUM CLUB for 2010!! (Top 1% Nationally Elite of the Elite)Awarded Hall of Fame RE/MAX Award 2007!! (Top 1% Nationally ("Elite of the Elite")
Past Awards include: RE/MAX EXECUTIVE CLUB, 100% CLUB, CHAIRMAN'S CLUB and PLATINUM CLUB 
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