Getting Shafted at Closing Time

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Someone on the Forum who’s about to close on his first home is looking for advice:

The condo is a condo conversion that was gut renovated and essentially considered new construction with an offering plan. We are first-time buyers and I have heard alot of people say that sellers/developers may try to screw you at the closing. Since this is a pretty broad statement, just wondering in what ways I could pontentially get “Screwed” and if anyone has any advice or experiences they would be willing to share.

One person says it’s possible for sellers to adopt a “take it or leave it” stance if the buyer notices anything in the home that’s amiss, while another says that having a real estate lawyer accompany you to the closing should prevent problems. Anyone out there been burned by a closing or heard stories about how other people have gotten gypped?
Getting Screwed at Closing [Forum]
Photo by thorscipher_mason.

By Gabby |