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Home Inspections >Walk Through Woes

Buyers can be a little cranky on closing day if things go wrong during the walk-through inspection. For example, the sellers' dependable old dishwasher might stop midway through its cycle and the bathroom sink might clog unexpectedly. These situations can create anxiety for the buyers and sellers, but such problems are quite common and usually simple to resolve.

Most purchase agreements require that the major mechanical systems and the appliances being conveyed are in working order at the time of the closing. Defects are often discovered during the structural inspection, allowing the sellers plenty of time to have the repairs made. Occasionally there are last-minute breakdowns or defects that are not spotted until the walk-through inspection. In that case, an agreement can be made with the sellers at the closing to escrow funds for the repair or replacement of the items in question.

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Q	What is a Balloon Mortgage?
A	A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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Ted Stout, REALTORŽ, real estate agent and broker for Punta Gorda, Port Charlotte and Charlotte County Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Ted Stout
Sunshine Realty Services
660 Charlotte Street, Suite 5
Punta Gorda, FL. 33950
Office: 941-637-3737
Direct: 941-286-6286
Fax: 888-408-4613
Email: admin@sunshine-realestate.net
Ted Stout is the real estate expert of Charlotte Harbor and one of the top-producing agents in the area. As Managing Broker of Sunshine Realty Services, he has built a successful business by focusing on professionalism, integrity and exceeding clients' expectations. Ted builds congenial, long-lasting relationships with his clients and will always go the extra mile to provide personal attention and results. Ted's primary focus is buying and selling residential real estate but he also has experience in residential development and investor representation. By applying his broad-based real estate expertise, Ted will save you time and money but most importantly he can help you avoid making a costly mistake. Ted's passion in addition to real estate is being on the water, whether it's fishing in a tournament, diving or racing sailboats. His professional real estate knowledge plus a deep appreciation and love for the local region and waterways make Ted the ideal professional for anyone looking to learn about and purchase waterfront property.

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