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Tips For The Final / Pre-Closing Walkthrough

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Here are some tips for your pre-closing walkthrough. 


1) As you enter the apartment start looking/inspecting the overall condition of the apartment (walls, floors, ceilings, windows, doors, etc).  The other should be in a similar condition to what it was when you first visit it.

2) The apartment should be at least broom-cleaned with all sellers' items removed.

3) Open & close the windows and doors.
4) Turn all light switches on and off to make sure they are working.
5) Bring your cell phone charger and test all electrical outlets.
6) Test all kitchen appliances to make sure they are in working condition (microwaves, dish/washer, fridge, stove/oven, etc). 
7) Run the exhaust fans (if present) in the kitchen and bathrooms.
8) Open all cabinets, closets, storage spaces
9) Run all sink and bath faucets as well as the shower, and check for any leaks or other problems. 
10) Flush toilets and look for drips, leaks, or problems.
11) Test the A/C and heater units (it could be hard to …

Tour NYC Museums, Parks and Cultural Institutions from Home; New Condos: Brooklyn's Old Eagle Warehouse Building Loft; Buy Anne Hathaway's UWS Penthouse; NYC's Most Expensive; Hudson Yards' Skyhigh Views; Brooklyn Heights Carriage House; Prospect Park South Beautiful Storybook Home

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How to tour NYC museums, parks, and cultural institutions from your own home Stuck inside? You can still experience some of New York’s best cultural offerings from your home

The best new NYC condos hitting the market this spring See the new condos that will hit the market this seasonc

Gorgeous loft in Brooklyn’s old Eagle Warehouse building wants $2.35M The breathtaking unit has a dazzling clock that offers views of the Brooklyn Bridge
Anne Hathaway lists stunning Upper West Side penthouse for $3.5M The Academy Award-winning actress bought the apartment with her husband Adam Shulman back in 2016

How to Add Another Bedroom to your NYC Apt / What's the difference: Common vs Maintenance Charges / Brownstones, Townhouses and Rowhouses / 7 Facts About Brownstones / Renters Tax Credit?

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WHAT IS A CAP RATE IN REAL ESTATE? - By Kate Crhistensen - REALWEALTH Network

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WHAT IS A CAP RATE IN REAL ESTATE? - By Kate Crhistensen - REALWEALTH Network ( https://www.realwealthnetwork.com/learn/what-is-cap-rate-in-real-estate/ )

Summary: In this article, you will learn what is cap rate in real estate. Topics include, when to use capitalization rate, how to calculate cap rates, what is considered a good cap rate on investment properties, and why determining cap rates is important for real estate investors.


Table of Contents IntroductionCap Rate DefinitionWhen to Use Cap RateWhen Not to Use Cap RateHow to Calculate a Cap RateHow to Calculate NOIWhy is Cap Rate Important?Using Cap Rate to Compare PropertiesCap Rate Focuses on the Property, Not FinancingUsing Cap Rate to Measure RiskWhat is a Good Cap Rate?