Buyers Walk-Through Before Closing
A buyer’s walk-through, also known as the final walk-through, is a crucial step in the home-buying process that takes place shortly before closing. It allows the buyer to ensure that the property meets the conditions outlined in the purchase agreement and is in satisfactory condition before completing the transaction. Here's why it is important:
1. Ensure the Property's Condition
Verify that the property is in the same condition as when the offer was made.
Check for any new damage or issues that may have arisen since the inspection or previous visit.
2. Confirm Agreed-Upon Repairs
Ensure all repairs negotiated during the inspection process have been completed.
Verify that the repairs were done to an acceptable standard and align with the agreement.
3. Verify Included Items
Confirm that all items included in the sale, such as appliances, fixtures, or furniture, are still in place.
Ensure the seller has removed all personal belongings unless otherwise agreed.
4. Test Functionality
Check that systems such as plumbing, HVAC, and electrical are in working order.
Test appliances, windows, doors, and other features to confirm they are operational.
5. Avoid Post-Closing Surprises
Identify and address any issues before the closing.
Prevent unexpected expenses or disputes after taking ownership.
6. Finalize Peace of Mind
Provide the buyer with confidence and reassurance about the condition of their new home.
Reduce the likelihood of regrets or conflicts after the transaction is complete.
