Congratulations! You have overcome the hurdles of price negotiations, inspections, lender approval, and likely other obstacles in the home buying process. You are now nearing your closing date. However, there is still one more obstacle in your way – the final walk-through. The final walk-through is an important step in the home buying process. It gives you, the buyer, a chance to inspect the property one last time before closing. This is your opportunity to make sure that the home is in the same condition that you agreed to purchase it in, and that the seller has made any necessary and previously agreed to repairs. Therefore, it is an important step in the home buying process.
What to look for in a final walk-through
- Leftover items, furnishings, garbage, etc… Did the seller clear out all required items to present a clean and vacant home? The last thing you want to inherit as a buyer is the seller’s junk.
- The overall condition of the home. Is there any damage that you didn’t notice before? Oftentimes, holes in the walls from where televisions were one hung are not patched and painted correctly. Are there any areas that need cleaning?
- The functionality of all appliances and fixtures. Do all of the appliances work properly? Are there any leaks in the faucets or toilets?
- The condition of the yard. Is the yard clean and well-maintained? Are there any trees or shrubs that need to be trimmed? Are there unwanted pet droppings throughout the yard?
- The condition of the swimming pool. Like the yard, the swimming pool should also be maintained. As a home buyer, you do not want to deal with a project of rehabilitating a pool.
- The presence of any unauthorized changes. Has the seller made any unauthorized changes to the home, such as painting the walls or installing new flooring?
Tips for a successful final walk-through
- Schedule the walk-through for as close to the closing date as possible. This will help to ensure that the home is in the same condition as when you made your offer.
- Bring a checklist with you. This will help you to remember everything that you need to check.
- Bring a friend or family member with you. Having an extra set of eyes can be helpful in spotting problems.
- Be thorough. Take your time and inspect every room in the home.
- Don’t be afraid to ask questions. If you see something that you don’t understand, ask the seller or their agent for clarification.
Summary
The final walk-through is your last chance to make sure that you are getting what you bargained for. Therefore, it is very important that you do not skip this final critical step in the home buying process. If during your final walk-through you find any problems with the property, it is important that you accurately document these items. In addition to communicating through your real estate agent, it is a good idea to have written documentation, photos, and even video of the property. This documentation can help you negotiate these items with the seller. Since typically time is of the essence, a credit from the seller may be the easiest approach in these circumstances.
Are you thinking about buying or selling a property in South Florida? We can help! Contact Natasha at Live South Florida Realty, Inc. today! Also, be sure to download the free Florida Home Search app for your smartphone or tablet!
