The final walk-through is your last opportunity to inspect a property before closing. This detailed guide explains what to look for, how to prepare, and what actions to take if issues arise during this crucial step.
Understanding the Purpose
Primary Objectives
A final walk-through ensures:
- Property condition matches agreement
- Seller has fully vacated
- Agreed-upon repairs completed
- No new damages
- All systems functioning
Timing Considerations
Schedule the walk-through:
- 24-48 hours before closing
- After seller moves out
- During daylight hours
- With enough time for issues
- Before final paperwork
Essential Preparations
Required Items
Bring along:
- Purchase agreement
- Inspection reports
- Repair documentation
- Repair receipts
- Camera/smartphone
Key Participants
Include:
- Real estate agent
- Buyer(s)
- Home inspector (if needed)
- Contractor (if necessary)
- Seller’s agent (optional)
Systematic Inspection Process
Exterior Check
Examine:
- Property Grounds
- Landscaping condition
- Drainage systems
- Exterior lighting
- Walkways/driveways
- Fencing/gates
- Building Exterior
- Roof condition
- Siding/paint
- Windows/screens
- Doors/locks
- Garage door operation
Interior Inspection
Room-by-Room Check
Verify:
- Walls/ceilings condition
- Floor surfaces
- Window operation
- Door functionality
- Light fixtures
System Tests
Check all:
- Electrical outlets
- Light switches
- Faucets/water pressure
- Toilets/drains
- HVAC operation
Appliance Verification
Kitchen Equipment
Test:
- Refrigerator/freezer
- Stove/oven
- Dishwasher
- Microwave
- Garbage disposal
Other Appliances
Verify:
- Washer/dryer
- Water heater
- HVAC units
- Security systems
- Built-in appliances
Repair Verification
Documented Repairs
Review:
- Completed work
- Professional receipts
- Warranty information
- Permit documentation
- Quality of repairs
New Issues
Look for:
- Moving damage
- Water stains
- Wall marks
- Floor damage
- System problems
Property Condition
Cleanliness Check
Ensure:
- General cleanliness
- No excess trash
- Clean appliances
- Swept/vacuumed floors
- Wiped surfaces
Included Items
Verify presence of:
- Window treatments
- Light fixtures
- Door hardware
- Garage openers
- House keys
Documentation Process
Photo Documentation
Record:
- Existing conditions
- Completed repairs
- Problem areas
- Included items
- General condition
Written Records
Note:
- Issues found
- Missing items
- Incomplete repairs
- New damages
- Required actions
Problem Resolution
Minor Issues
Handle through:
- Immediate fixes
- Closing credits
- Escrow holdback
- Written agreements
- Quick repairs
Major Problems
Consider:
- Delayed closing
- Legal consultation
- Contract review
- Negotiation options
- Alternative solutions
Final Steps
Completion Checklist
Confirm:
- All areas inspected
- Systems tested
- Issues documented
- Photos taken
- Notes compiled
Next Actions
Determine:
- Required repairs
- Timeline adjustments
- Credit negotiations
- Closing impacts
- Legal requirements
Professional Involvement
Agent’s Role
Provides:
- Guidance
- Documentation
- Issue resolution
- Communication
- Professional advice
Additional Experts
Consider involving:
- Home inspector
- Contractor
- Attorney
- Insurance agent
- Property manager
Conclusion
The final walk-through is a crucial step in protecting your investment. Key takeaways:
- Thorough inspection importance
- Documentation necessity
- Issue identification
- Resolution options
- Professional support value
Essential Tips
Remember to:
- Take your time
- Document everything
- Test all systems
- Verify repairs
- Address issues promptly
Also Read
How to Choose the Right Real Estate Agent: Your Essential Guide for 2024
Tips for Buying a Home in a Competitive Market: Your Strategic Guide for 2024
