Agent in Need of Advice from Another Agent
I have a client that is looking to purchase a home. The seller does not live in the home but does not want to give up possession until 3 days after closing because the first contract fell apart at the closing table and the seller lost the deposit from the movers. I am in the middle of countering but I am not quite sure of how to protect my buyer clients intersest. Is it OK to ask that the Buyer and Seller do a Walk Through prior to closing and at the time possession is given to Buyers to determine condition of property. At the time of closing, XXX amount of dollars from the Sellers funds are to be deposited into a separate escrow account to be refunded after final Walk Through, pending property is in the same condition. If I am going about this the wrong way, PLEASE let me know. If I am on the right track, PLEASE help me get from point A to point B.
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