2 minute read
home warranty?
By Ilyce R. Glink and Samuel J. Tamkin
By Ilyce R. Glink & Samuel J. Tamkin
What are the buyer’s options if some of the
Prior to performing your walkthrough of the property before closing, you should ask your real estate agent to make sure that all of these keys are located and available at that time. You can then check to make sure these keys work before
The basic plan typically plumbing and heating with many appliances. items from the list sure that you buy However, most home add coverage for Some warranties of a specific period and you pay for days later, you won't same problem.
Sometimes sellers lose indoor keys to closets and the like. You might not see all keys at closing, but you really need to be able to get into the home and lock it to keep it safe. You also should be able to get in and out of any garage and in and out of any building. Surely, you should also be able to retrieve your mail. Lastly, after closing you should be able to get around a building or development by using the common
Then comes the question of what you might do if you don’t get all the keys, remotes or fobs at closing.
One option: a holdback. If you feel you’re missing a set of keys, you can negotiate to withhold some funds at the closing until all wayward keys and fobs have been delivered. Sometimes, while unpacking a box, they find an extra set here or there, and then those typically get dropped off later, either directly or through
For example, if may include additional freezers, pools and appliances and home specific costs for plan. You may also platinum, gold or Be sure to read the specifically under Keep in mind year and you'll pay plan. But the home working order on agreed to). They broken) at closing. machine is on its buy a home warranty machine the week
Interestingly, for plans now cover locks. With this rekey home will have new warranty from day
This happened to us recently. We were helping a family member close on a property they had lived in for 45 years. In all that time, there were extra sets of keys made and handed out. A few days after the closing, Sam realized he still had an extra set, and immediately let the broker know. We dropped them off with the building’s doorman the next day.
Sometimes, agents have an extra set of keys. You’ll want to make sure you get those. And, if there’s a key left in the lockbox (used by agents to gain access to the house while it was listed), you’ll want to make sure you get that one too.
Before you whip reviews about these them online, check long they have been that do business minimum, their should be current. pay close attention a pattern indicating If you're looking your favorite internet warranty companies." comparisons of various ©2021 Ilyce R. Glink and keys to any other outside doors to the home.
In association developments, you might also expect to receive common area keys as well as keys to mailboxes, a fitness room, a bike room, storage lockers and garages. In addition to these keys, if you have a car to park, you should expect to get a garage door opener and fobs. You should also keep in mind that some single family homes also have mailbox keys.
Finally, if you have some concerns about the seller not vacating the property before the closing, or that the seller might keep a set of keys, you’ll want to check everything carefully at the property before the closing.
We hope your closing goes well!
©2022 Ilyce R. Glink And Samuel J. Tamkin. Distributed By Tribune Content Agency, LLC.