Purchasing a home is always an exciting milestone. But before you dot the I’s and cross the T’s, a final walk through of the new property is always advised. Participating in the last inspection of the home will be strongly advised by your real estate agent.
In most cases, the final walk through is done five days prior to, or on the day of closing. This allows you, the buyer, to survey the property and make sure it is in the condition that you agreed upon in your contract.
Vacant properties, or properties that the seller has moved out of prior to closing are the most important to check. Without a resident in the home, it’s possible that repairs go unnoticed for an extended period of time. Partaking in the walk through will allow you the opportunity to catch potential maintenance issues that were overlooked in the inspection period or that have developed since that time. Repairs that are caught in time can be dealt with before closing or outside of closing between buyer and seller.
If the owners of the property do not move out until the day of closing, it’s best to complete the walk through with them. This gives you the chance to ask questions about the home and learn the house’s idiosyncrasies from those who know them best. It’s also a time to receive input on renovations or upgrades you may be planning. Taking the chance to speak to the sellers about any concerns or ideas you may have is an excellent start to settling in to your new home sweet home.
Once the walking through is complete, you can proceed in closing your purchase of the property and begin to enjoy your new home.