Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 13 years ago on . Most recent reply

Final walkthrough, and "vacant" language on short sale contract
I've made offers on several short sales in the past but never actually bought one.
I've been told to put language in the contract to the effect of "property will be delivered vacant and all of owner/occupants' or tenants belonging will be removed before closing date".
What about the final walkthrough? Is this normally done on short sales? Does it need to be specifically written into the contract? And would you do it a couple of hours before closing, or a few days before in order to get back to the bank if there is an issue?