One of the most important – yet most consistently overlooked – parts of the home-buying process is the final walk-through of the property before closing. What is the purpose of this last step, and what are some tips to keep in mind?
What Is A Final Walk-Through?
It’s not unheard-of to confuse the walk-through with the home inspection, a showing, or requesting the sellers make some repair to the home, but it isn’t any of these things. A home inspection should be done shortly after submitting an offer on the property, and any follow-ups to the inspection should be long finished by the time the walk-through takes place.
Put simply, the purpose of the final walk-through is to ensure that the condition of the home is as expected before you purchase the property and finalize the deal.
How Can You Get the Most Benefit?
Look for any damage that may have occurred during the sellers’ move-out day. Make sure any requested repairs have been completed and that no unexpected changes have been made to the house. Any items specified in the contract to have been left with the house – such as appliances, window treatments, etc. – should be in place. If the sellers have left behind any extra furniture or personal belongings, now is the time to return them.
In short, the walk-through is your last chance to make sure everything is as it should be, so be thorough and take your time. Bring your contract along to make sure everything that should be left behind is still there.
When Should You Walk Through?
The short answer is: it’s up to you. Some clients are comfortable doing the final walk-through the same day as closing, with just hours to spare. Others prefer to leave themselves a little more time, perhaps a day or more. Each home is different, and so is each home purchase. The important thing is that you can go to your closing with peace of mind, safe in the knowledge that your new home will be exactly what you expect.
For more important home selection information, give Cookeville and Tennessee’s Best to help you locate and process the purchase of your new home by calling 931-261-1500.
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