Why the final walk-through is so important and what to look for.
The final walk-through is an opportunity for the buyer to inspect the property and ensure that it is in the same condition as it was when they bought it. During the escrow process, inspections were completed, and repairs were negotiated with the seller. This walk-through provides another chance to visually inspect whether the repairs were completed and, if not, to determine what needs to be addressed.
During the final walk-through, you should look for any signs of damage that may have occurred during the escrow process, as well as any issues that may have arisen since then. Some common items to inspect include the condition of the walls, floors, ceilings, appliances, and fixtures.
“If any issues need to be addressed, you can negotiate with the seller.”
For those items that require more than a visual inspection, you should rely on receipts from the seller to show that the home was serviced by a professional contractor. If you have any doubts about the repairs, you can also call the original home inspector who found the items that needed repair and have them come back to verify that they were done.
If everything looks good during the walk-through, you can go ahead and notify the escrow company that you are approving the regulation of the property. This process allows the ownership to transfer between the seller and the buyer. If there are any issues that need to be addressed, you can negotiate with the seller to resolve them before closing.
If you have any questions about the home-buying or selling process, don’t hesitate to contact us by phone or email.