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DON'T COUNT ON A WALKTHROUGH

There is a tradition in Real Estate that a buyer does a walkthrough on the property they have purchased the morning of possession. However, Realtors need to advise their clients this is not a given.


Don't Count on a Walkthrough Blog Transcription

Hi there Rob Reynar here, checking in. Let's talk about a little bit about of possession walkthroughs today. Well, what is a walkthrough? Well, a buyer buys a house and bend the morning of possession they get to go with their REALTOR to the home and make sure that it was in the same or similar condition do when they bought it. Could be 30, 60, 90 days from when they were last in the house. They want to check it out and make sure that everything is according to plan. Now, however, let stop right there. That is the traditional way that real estate is done. Rightly or wrongly, it's traditional. It is not contractual unless you ask for it and the seller agrees to it. So, don't expect to get a walkthrough on a listing just because that's the way it's always happened. If it's not contractual, it may not happened. There's a lot of good will involve in a walkthrough. So, my tip if you want to walkthrough before you take possession of your new home, make sure it is in the contract.

Love to hear your comments on this. Rob@MorrisReynar.com. R-E-Y-N-A-R Rob@MorrisReynar.com. Talk to you soon. Buh Bye!

 

Transcription of the latest Video Blog from MorrisReynar.com. If for any reason there is a discrepancy between this text and the Video Blog, the Blog is deemed accurate.