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If
you vacate your house prior to the close, the buyers may ask your
permission to start fixing the house up before closing. After all,
painting or waxing floors, for example, is much easier and faster
if the house is empty. Don't do it! The buyers may poke around and
find a molehill that they turn into a mountain of trouble for you.
If the deal falls through, you may get your house back in terrible
condition. If the house catches fire, your insurance may not cover
the losses. No matter how piteously they plead, be firm. Don't let
the buyers do any work on your house or, worse yet, move into the
house prior to closing.
The final verification of condition
If
your buyers are smart, they'll inspect the day before closing to
be sure your property is still in the same general condition that
it was in when they signed the contract to buy it. Most residential
real estate contracts contain a "Final Verification of Condition"
clause.
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If the buyers discover the property damaged or in different condition,
they can instruct the closing officer to stop the closing until
the problems are resolved. If you and the buyers can't work out
a mutually satisfactory solution, the dispute could kill the deal.
Be sure to maintain your property inside and out until closing
and you move into your new home. Make sure that the movers don't
damage the property when removing your belongings. Unless you
and the buyers make other arrangements, your property should be
left "broom clean" -- remove all garbage, trash, and
litter, and then vacuum carpets and sweep floors.
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Next Step: Seller's Remorse
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