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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 common street name in the US?
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| A |
Second Street ranks as the most common street name. First Street is not #1 because many "First" streets are called "Main" Street. |
See More Real Estate Trivia > |
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The King Team RE/MAX Greater Atlanta 10220 Medlock Bridge Road Duluth, GA. 30097 Phone: 770-446-5111 Toll Free: 866-294-5153 Fax: 770-238-0588 Email: kingteam@kingteam.com
Mary S. King and Douglas Ferguson have been in the Top 100 of over 15,000 agents in Atlanta, were named Agent of the Year for their office for eleven years, and the Top 25 in Georgia for Re/Max since joining the company. Their business has been based on honesty, integrity and a strong work ethic. They opt for customer service over shear numbers. Call or email them today!

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