Why you shouldn’t start repairs until after closing.

Todd and Oana talk about what happens after closing and why you should not start any repairs until you have closed on the house. One of the reasons is that if the deal cancels, then you could be out of the cash you spent on the repairs, since the seller still owns the house until closing.

The other issue is that the seller still legally owns the house and making any repairs before closing means that you could be fixing up someone elses house.

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