Monday, September 26, 2016

What is the Final Walk-through?


So you are under contract and are only a few days away from the closing and there is still one more important task to complete before you close and receive the keys……

 The final walk-through.

Weeks or maybe even months may have passed since the last time when you were inside the house, the final walk-through is to check that the seller has met the maintenance and other requirements of the sales contract with regards to the property condition. It is usually scheduled for the day before or day of closing.

Take your time with the final walk-through, give yourself time to look at the home completely to make sure everything is as expected. The house should be totally empty at this point. If there is any trash or other belongings still in the house at this point, they need to be removed by the seller or at their expense. It is also important to look for things that may be missing that you and the seller agreed they should leave in the house in the sales contract, such as appliances, fixtures, drapes etc.

While inspecting the interior and exterior of the house, you should make sure to look for any damages that were not present during the previous home inspection. You also want to make sure that any agreed upon repairs have been made by the seller.

The two most common issues that appear during the final walk-through is the home has been left unclean with or the seller failing to make agreed upon repairs according to the contract.

If the seller has not made the repairs as agreed, first consult with your realtor so they can open-up communications with the seller or sellers realtor, as it may just be a simple oversight.

If however, the seller is refusing to make the agreed upon repairs, then your best option may be to seek legal advice.


About the authors: The above article was provided by the Horsfall Team. If you are thinking of selling or buying in the Ocala area, we’d love to use our knowledge and expertise to help you accomplish your goals.

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