It never fails. Something always turns up at the last minute when we are planning to close on a home.
This afternoon, I have a closing for my buyers, who are buying a new home in New Fairfield, Connecticut.
Of course, something turned up - a repair that wasn't made. We'll deal with it, but all it does is add more stress for the buyers - as well as for the sellers.
Sellers can help to avoid these "Last-Minute Gotchas" by following a few easy steps:
- If you agree to make a repair, then make that repair before closing
- If you know of a home defect, then disclose it up front
These two easy steps will help avoid possible pitfalls that can derail a closing. Let's avoid any surprises.
Closing on a home should be a happy occasion - for both buyers and sellers. Let's not add to the stress that is already inherent in such a transaction.
Don Fabrizio-Garcia, REALTOR
Real Estate Sales and Appraisals