How Long Does a Property Walk-Through Take?
Optimize your property walk-through. Learn what influences its duration and how to ensure an effective review for your real estate transaction.
Optimize your property walk-through. Learn what influences its duration and how to ensure an effective review for your real estate transaction.
A property walk-through is a final inspection of a home, typically conducted by a buyer just before closing. This assessment verifies the property’s condition, ensuring it aligns with the purchase agreement and that any agreed-upon repairs have been completed. It confirms the property is ready for occupancy and all systems and appliances function as expected. The time required for a walk-through is not fixed, as it depends on several influencing factors.
The duration of a property walk-through is significantly influenced by the size and characteristics of the property itself. Larger homes, or those with additional features such as multiple outbuildings, extensive landscaping, or specialized systems like pools, naturally require more time for a thorough inspection. For instance, a small home might take as little as 15 minutes, while a larger property could extend beyond an hour.
The property’s overall condition also plays a substantial role in determining the walk-through’s length. A home with known issues, recent repairs, or visible signs of neglect will necessitate a more detailed examination, extending the time needed to scrutinize each area. Conversely, a well-maintained property with fewer concerns may allow for a quicker assessment. The number of discrepancies or unexpected problems discovered during the walk-through can also prolong the process, as each issue requires discussion, documentation, and potential negotiation.
The thoroughness of the inspection itself is another factor. A quick visual check is faster than a comprehensive verification of every system and appliance, which is recommended. The presence of various parties, such as the buyer, their agent, the seller, seller’s agent, or contractors, can impact discussion time and overall duration. The specific type of walk-through, whether pre-listing, pre-inspection, or final before closing, also dictates the required level of scrutiny and time.
During a property walk-through, the buyer systematically examines the home to confirm its condition and ensure contractual obligations are met. This begins with an exterior inspection, focusing on the roof, foundation, siding, and landscaping for damage. Checking outdoor fixtures, gates, and detached structures is part of this initial phase.
Moving inside, the review proceeds room by room, focusing on walls, ceilings, floors, and windows for new damage or unaddressed concerns. The interior inspection involves testing systems and appliances. This includes running water in faucets, flushing toilets, testing electrical outlets, and checking light fixtures. Major appliances like the stove, dishwasher, refrigerator, and HVAC systems are also tested.
The walk-through involves verifying that any repairs agreed upon from previous inspections have been completed. Buyers should confirm these repairs align with the specifications outlined in the purchase agreement. Any new issues or discrepancies discovered are documented, often with photographs and written notes. This documentation facilitates discussions with real estate agents or other parties to address findings and determine next steps before closing.
Effective preparation can streamline the walk-through process and help ensure all items are addressed. Prior to the walk-through, buyers should review all relevant documents, including the original purchase agreement, home inspection report, and any repair addendums. This ensures a clear understanding of what was negotiated and what needs to be verified.
Creating a checklist based on these documents provides a systematic approach to the walk-through, ensuring no area or item is overlooked. This list should include all items to inspect or verify, especially those related to agreed-upon repairs or inclusions. Coordinating with your real estate agent beforehand helps discuss any concerns or areas that require attention, allowing them to assist effectively.
Confirm that all utilities, including water, electricity, and gas, are active at the property. This enables testing of systems and appliances, which is a part of the walk-through. Bringing tools, such as a phone for photos and videos, a notepad and pen for notes, and a flashlight for dimly lit areas, aids in a thorough inspection.