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Buying or Selling a Home/Closing Question
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Question
Hi Connie,
I'd like to get your thoughts on the following issue:
I am scheduled to close on a house this Tuesday. The seller has not responded to all my questions and will not be present at the walk through to do so. Nor will their agent. They said they would be available right after the close as they are coming in from out of town (which I have my doubts on).
My position is I do not want to have to rely on the good will of people I do not know. If that means pushing the time of the close back to later on in the day then that’s what I’d like to do. But I want complete information on this house before I close.
Thoughts?
Thanks,
David
Hi David,
There are many issues you don't expand on...
1. Do you have an agent to represent you?
2. Did you have an independent inspection?
3. Did you receive disclosures from the seller?
4. Did you have an appraisal?
5. What are your major concerns about the property that are causing you pause?
These are just a few... with out more? it is hard to answer.. I close properties every day where the buyer and the seller never meet or have any idea who the other person is... however, the seller signs documents, hands over information of knowledge about the property, the buyer has inspections, and that is not limited to the physical inspection only... could be anything from foundations to geological, permits, code issues, neighborhood issues, Megans law etc...
if the seller has not preformed to the contract you have, they are in breach of contract, you have every right to hold the funding until you get the answers you are looking for.. contact your agent or attorney and get the demands sent to the seller in writing and hold your ground if the issue is that important to you...
You will have little recourse if you close and find out the seller de-frauded you... proving things in court is harder than you can imange... right now is the time you hold the power...
Good luck
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Connie Wildasinn-Broker,GRI,Realtor®
Expertise
Broker,GRI,Realtor®, Investor since 1979. Buying or Selling Residential and Income/Investment Properties, How to understand the process, how to negotiate through the transaction, What to Look for - But more importantly 'What to lookout for!', How to tell if the time is right - or hold on and wait. Why not to listen to your friends and even your family members, Who really has your best interest at heart?. Understand why any market is a good market and how to spot a good investment for you! If you are looking in California.. check out my website www.MetroCalBrokers.com and if you need assistance in a neighborhood I don't service, I will locate a local agent to that area who actually knows their profession and can assist you in your needs!
Experience
4th generation Realtor in the real estate business, I have helped for over 2 decades clients buy and sell, I am the owner of a local brokerage in the Los Angeles /Long Beach area, and have been a top producing agent in the area since I became licensed. Working through a deal is different to every client, no two people or deals are exactly the same. Knowing how to bring professional advise to the table with clear and concise understanding of real estate world. I can help you handle your buying, selling and investing, managing a 1031 Exchange, working with Equity Sales, Probate, Pre-Foreclosure Regular and Short Sales there is little that I have not seen come across my desk over the decades!
Organizations
NAR,
CAR,
WCR,
ABR,
e-Pro,
GRI,
BKBIA,
CHNA,SSG
Publications
Broker Agent Magazine
Long Beach Business Journal
Long Beach Press Telegram
Signal Hill Tribune
Grunion Gazette
All Experts
Zillow - Lead Agent - Advise Expert
Truila - Advise Expert
Education/Credentials
Broker-owner,
Realtor®,
GRI,e-Pro,
SSG-Short Sale Certified
Awards and Honors
Managing Broker for MetroCal Brokers. We merged my old brokerage with MetroCal this year, and we look forward to expansion and growth moving forward. We currently employ 30 Realtors and growing.
15 years running top selling agent in Long Beach, South Bay area California.
Top Producer 5 years straight Re/Max, C21, Realtyworld.
Past/Present Clients
upon request = or check out our website www.MetroCalBrokers.com and check the Testimonials section!
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