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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 was considered the world's tallest building one hundred years ago?
A	The Eiffel Tower in Paris, France, completed in 1889 and standing 984 feet tall, is still considered one of the world's greatest structures.
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Mimi Ryerse, REALTOR®, real estate agents and broker for Minneapolis Western Suburbs, Lake Minnetonka and Orono Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)

Mimi Ryerse
Edina Realty
150 Lake Street West
Wayzata, MN 55391
Phone: 952-475-4913
Fax: 952-476-5333
mimi@mimiryerse.com
I have been selling real estate for over 25 years and have helped many buyers and sellers achieve their dreams and goals. I was President of the Long Lake Area Chamber of Commerce for seven years and participate in a number of community events. My qualifications and business knowledge give me an edge over other real estate agents. I am confident that my team and I can deliver the customer satisfaction you should expect from a real estate professional.

Mimi is licensed in both MN and WI

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