![]() ![]() This is documented by the buyer and the buyer’s agent on the final walk-through inspection statement. ![]() On the final inspection of the property, the buyer lists any property defects not already addressed, such as equipment and fixture malfunctions or deferred maintenance. The buyer’s right to a final pre-closing inspection of the property is agreed to in the purchase agreement. the general condition and maintenance of the property after entering into the purchase agreement.the quality of any repairs made by the seller and.close escrow and make a money demand on the seller for the difference between the purchase price set in the purchase agreement and the price as adjusted for the undisclosed defects as called for in the purchase agreement.Ī buyer needs to personally re-inspect the property just before close of escrow to confirm:.refuse to close escrow for lack of seller compliance with the demand for corrections and enforce the agreement and its price correction provisions by specific performance or.make a demand on the seller to correct or eliminate the defects, and refuse to close escrow until the seller has either complied or agreed to an adjusted price.When a home inspection report reveals property defects unknown and previously undisclosed to the buyer, the buyer may: Related Video: Word-of-the-Week: Home InspectionĬlick here for more information on this topic.
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