Financial Planning and Analysis

When Is the Final Walk-Through Scheduled?

The final walk-through is your last check before closing. Understand this critical step for a smooth, confident real estate purchase.

The final walk-through is a crucial step in the home buying process. It is the buyer’s last opportunity to verify the property’s condition and confirm all agreed-upon conditions of the purchase agreement have been met before the official transfer of ownership. This verification helps ensure a smooth transition and protects the buyer’s financial interests.

Timing of the Final Walk-Through

The final walk-through is typically scheduled 24 to 48 hours prior to the closing date. This timing allows buyers to assess the property’s condition immediately before the transfer of legal title and funds. Scheduling it after the seller has moved out is often preferred, as it provides a clearer view of the home without personal belongings.

The exact timing is coordinated between the buyer’s and seller’s real estate agents. The goal is to ensure enough time remains to address any newly discovered problems before closing. A thorough walk-through typically takes anywhere from 30 minutes to a few hours, depending on the property’s size.

Purpose of the Final Walk-Through

The primary objective of the final walk-through is to confirm the property is in the condition agreed upon in the purchase contract. This includes verifying that any stipulated repairs have been completed satisfactorily. Buyers also check that all personal property of the seller has been removed, unless specifically included in the sale, and that the home is clean.

Additionally, the walk-through ensures that all included appliances and systems, such as plumbing, electrical, and HVAC, are in working order. It is not a substitute for a comprehensive home inspection, which occurs much earlier in the process, but rather a final check for any new damage or discrepancies that may have arisen since the initial inspection or during the seller’s move.

What to Do Before the Final Walk-Through

Before the final walk-through, buyers should review their purchase agreement for agreed-upon repairs, inclusions, and exclusions. It is also advisable to consult the home inspection report to recall any previously noted issues. Creating a checklist based on these documents can help ensure a systematic review.

Buyers should confirm all utilities will be active during the walk-through, as testing systems requires power and water. Essential items to bring include the purchase agreement, the inspection report, a camera or smartphone for documentation, and a small item like a phone charger to test electrical outlets. Sellers should complete all agreed repairs, ensure the property is vacant and clean, and leave utilities on for testing.

What to Do During the Final Walk-Through

During the final walk-through, buyers should inspect each area of the property, inside and out. Test all light fixtures and electrical outlets. All included appliances should be tested for functionality, such as running the dishwasher or checking the refrigerator.

Buyers should flush toilets, run faucets to check for leaks, and verify proper drainage. Open and close all windows and doors, checking their locks. Inspect walls, floors, and ceilings for any new damage or holes from the seller’s move-out. Document any discrepancies with detailed notes and clear photos.

Resolving Issues After the Final Walk-Through

If issues are identified during the final walk-through, the buyer should immediately notify their real estate agent. All problems should be clearly documented with notes and photographic evidence to support the claims. The agent will then communicate with the seller’s agent to discuss potential resolutions.

Common resolutions include the seller making last-minute repairs, providing a credit to the buyer at closing to cover repair costs, or delaying the closing date. Communication and negotiation between all parties, primarily facilitated by their agents, are important to reach a mutually agreeable solution and ensure the transaction can proceed.

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