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Real Estate Tips

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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Real Estate Trivia

Q 
What is considered one of the key elements of the American dream?

A 
Home ownership is considered to a key to the American dream; more than 2 million first-time buyers bought property last year.
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*Billy Burk and GiGi Gaubert Burk, REALTOR®, real estate agent and broker for New Orleans, Lakeview and Lakefront, Louisiana home listings, property and land for sale - NUMBER1EXPERT

*Billy Burk and GiGi Gaubert Burk
Burk Brokerage, LLC

Licensed in Louisiana
6260 Vicksburg, Suite A
New Orleans, LA 70124
504-488-8600 : office
504-488-8424 : fax
Licensed in Louisiana

*Billy and GiGi Burk are two of America's NUMBER1EXPERTS™ in the Greater New Orleans area. They have a proven track record that few agents can match! With over 20 years combined experience, these two professionals offer the highest level of service and dedication, adding value far beyond the commissions earned. Burk Brokerage is continually "Redefining Real Estate" by offering expert service on an unparalleled level, making you their Number 1 Client. With a team of professionals providing a wide range of services from landscaping and decorating advice to tax and financial assistance, and backed by over ten years of top producing Real Estate experience, Burk Brokerage is sure to redefine your real estate experience. Selling Lakeview, Lakefront, Uptown, Old Metairie, Metairie, Mandeville and Covington.

* Billy Burk is co-owner and manager of Burk Brokerage and is not a licensed Realtor in the state of Louisiana.

CRS MLS REALTOR


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