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Old 05-18-2008, 04:24 PM
 
Location: SCCL, Lancaster, SC
444 posts, read 1,650,535 times
Reputation: 164

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We are finally closing on our house this week and the new buyers would like for us to walk through the house with them prior to closing. We have agreed and plan to show them all the things we have learned over the past ten years. (I still don't know which light switch turns on what)

Has anyone else done this and did it turn out good? or bad?

dunroven
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Old 05-18-2008, 04:29 PM
 
Location: Marion, IN
8,189 posts, read 31,258,340 times
Reputation: 7345
I walked the buyers through my last house. They were a young couple, about to get married, and neither had ever lived away from home. They asked intelligent questions and I was fortunate enough to have all of the answers.
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Old 05-18-2008, 04:29 PM
 
Location: Palm Coast, Fl
2,249 posts, read 8,904,032 times
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I've had sellers do this and it worked out fine. The buyer felt more comfortable than being left there to read a manual or figure things out on their own. Generally, the buyers I work with, if they want to know how things work, come to the home inspection and the home inspector explains everything to them. He often will put in the inspection report, for those who were not able to come, where certain main things they need to know are.
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Old 05-18-2008, 05:59 PM
 
Location: OK
2,825 posts, read 7,552,717 times
Reputation: 2056
Most contracs have a clause that a walk-through by the buyers is required within 24 or 48 hours prior to closing.
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Old 05-18-2008, 06:04 PM
 
Location: Salem, OR
15,593 posts, read 40,493,093 times
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I have done it several times and the new buyers really appreciate it. Every home has quirks.
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Old 05-18-2008, 07:27 PM
 
3,414 posts, read 7,150,075 times
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Quote:
Originally Posted by Schousse View Post
Most contracs have a clause that a walk-through by the buyers is required within 24 or 48 hours prior to closing.
...but I assume the sellers aren't under any obligation to be there?
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Old 05-18-2008, 10:03 PM
 
Location: OK
2,825 posts, read 7,552,717 times
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Quote:
Originally Posted by laysayfair View Post
...but I assume the sellers aren't under any obligation to be there?
No, usually the agent will represent the sellers. Unless the sellers can and want to be there.
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Old 05-19-2008, 11:47 PM
 
Location: Rye Brook
178 posts, read 667,911 times
Reputation: 59
It is really nice if the seller offers to show the new buyer around or leaves a note on all the little things about the house.

The pre-closing walkthrough is just to make sure there have been no changes to condition of the property.

All the best!

Kevin O'Shea
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Old 05-20-2008, 08:25 AM
 
Location: Missouri Ozarks
7,395 posts, read 19,358,380 times
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Our potential buyers have been out several times and I was at home twice, one time being during the inspection they had done because they wanted some questions answered.
They had a lot of questions and we answered them to the best of our ability.
There were some light switches out in the garage I didn't have a clue about and we played around with those.
I think it's a good idea to let your buyers know what you've learned about the house while living there.
Congrats on closing this week.
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Old 05-20-2008, 08:28 AM
 
Location: Missouri Ozarks
7,395 posts, read 19,358,380 times
Reputation: 4081
Quote:
Originally Posted by Schousse View Post
No, usually the agent will represent the sellers. Unless the sellers can and want to be there.
Our buyers wanted us to be there if possible so we made an effort to do that.
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