Here’s what you should expect on the day you move into your new home.
So you’ve finally had your offer accepted, you’ve done all the things you were supposed to do, and now it’s time to move into your new home. Everything’s good, right? Maybe not. Taking possession of a home can become complicated fast, so today we want to go over the possession process.
When it’s time to take possession, most contracts say the home needs to be debris-free and swept well. A recent client of ours recently entered their new home to find a nasty smell, holes in the wall, and litter everywhere. To make sure this doesn’t happen to you, here are a couple of tips to make sure everything goes according to plan:
1. Put a leaseback agreement in your contracts. We always recommend our clients get leaseback agreements. Not only can it sweeten the deal, but a security deposit will help you cover cleaning costs if anything goes wrong.
2. Set up a walk-through. Before the keys are handed over, we recommend both parties agree to a walk-through of the house to ensure everything is in order. We let both parties know what is expected of them, so there should be no surprises on possession day.
There are also a few things you should expect. The house should be broom-swept; this means the seller has cleaned out all debris, not that it has been professionally cleaned. Also, the yard can’t be dead or dying, but you might have to weed or tidy up the lawn.
If you buy a home with us, we will make sure you know your rights. Should your seller drop the ball, we are prepared to go to mediation and pursue those rights. If you have questions about today’s topic or anything else, please reach out to us via phone or email. We are always willing to help.