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Updated over 2 years ago on . Most recent reply

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David S.
  • Rental Property Investor
  • Larkspur, CO
180
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Appliances walking off between final walk through and closing…

David S.
  • Rental Property Investor
  • Larkspur, CO
Posted

We bought a home that had a nice washer and dryer included with it per the disclosure. They were still there when our realtor did the final walkthrough, then walked off before we took possession. 
Then on the next house the AC unit was stolen between final walk through and closing. 
This obviously gets expensive and I suspect as society slides it’ll only become more common. How can I prevent this? Is there a way to have locks changed and kept by a third party as part of the final walk through? Or could I add a clause that allows me to put up some cell signal security cameras to protect an item like the AC condenser during that time? 
Or is it acceptable to require a walk through the morning of closing? I’d really like that… 

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Bill B.#3 Syndications & Passive Real Estate Investing Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#3 Syndications & Passive Real Estate Investing Contributor
  • Investor
  • Las Vegas, NV
Replied

Yes. I thought that’s what you were doing and calling it very bad luck. 

You should ALWAYS walkthrough on your way to closing. I drive to the property, walk it, then drive to closing, then drive back to change locks. That’s about 1-2 hours of risk. It has to be same day. What if it flooded from a water leak or burned down the night before?

If you’re out of state or remote closing you have your realtor walk it on their way to closing and send a few time stamped pix of front and back of outside and kitchen (to show they went inside) as well as any problems/differences found. 

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