SPACE COAST DAILY TV: Learn About Importance of Final Walk Through and Solana Shores Luxury Condo Tour
By Bobby Freeman, Realtor // June 21, 2017
SPACE COAST DAILY TV
SPACE COAST DAILY TV: Learn about the importance of a Final Walk Through, and take a tour of Solana Shores luxury condos in Cape Canaveral.
BREVARD COUNTY, FLORIDA – Join Space Coast Daily Real Estate Show host Bobby Freeman, along with longtime Brevard County Realtor Jennifer McCoy, as they talk about the importance of preforming a final walk-through prior to closing on a residence.
Also, take a tour of a luxury direct ocean condo at the beautiful Solana Shores complex in Cape Canaveral.
One of the final and most important stages of the real estate buying process is a final walk through. A final walk-through is your last chance to make sure the property is in the same condition as your last visit and any inspection repairs are completed.
A home buyer typically views several properties before deciding to submit an offer. Once the offer is submitted the fun begins. As a buyer’s agent I negotiate with the listing agent the price and terms.
Once a meeting of the minds is reached, the listing is marked “contingent” in the MLS and I schedule a home inspector to inspect the property.
My buyer is submitting financials to their mortgage lender as we wait for inspection results.
In most cases the Seller will then agree to repair the items found from the detailed inspection report. We then patiently await for the lender to send that all conditions for the loan have been cleared with the underwriting process and the closing date and time is scheduled.
So our one last item would be the final walk-through of the property. I recommend doing the final walk just before closing on the same day. Why the same day? Because, and this did happen to one of my buyers, the night before closing there was a very bad thunderstorm with heavy wind and rain.
The property my buyer was purchasing had some roof leaking issues which the seller said was fixed. However when it rained, water leaked down the wall and onto the carpet. If the final walk-through had been done a few days before and not the day of close the buyer would have then had to deal with the roof repair expense and seller would have not been responsible. So a final walk-through day of close is a necessity.
In this particular case we ended up closing the purchase with the seller leaving a good amount of money in escrow until the roof was replaced.
Here’s what a buyer needs to do during the final walk-through:
• Check the exterior and interior of the home
• Test all appliances
• Turn the air condition and heater on and off
• Flush the toilets
• Turn on all water faucets
• Open and close windows
• Make sure all fixtures are still there
• Make sure any included furnishings are there
• Check the ceilings for any new water stains
• Check any seller repairs
• Run garbage disposal and exhaust fans
Homebuyers are excited about their new purchase. Sometimes they get busy discussing where the couch and TV will be placed and overlook the above checklist and importance of the final walk-through.
SOLANA SHORES LUXURY OCEAN FRONT CONDOS
Solana Shores is for the most discriminating buyers! This gated oceanfront community includes many amenities such as: Tennis, Pool, Spa, Clubhouse with Gym, Sauna and Private Beach Access.
The location is superior, overlooking the entrance to Port Canaveral and in very close proximity to the launch pads, exclusive area of Cape Canaveral, but yet centrally located. Enjoy watching cruise ships and launches right from the privacy of your own home or beach.
These 3 bedroom condos are 1,921 sq. ft – 2,819 sq. ft. Currently there are 2 for sale ranging from $650,000 – $875,000.
Just a few minutes to Port Canaveral, Cape Canaveral Air Force Station, Kennedy Space Center and 45 minutes to the Orlando International Airport.
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