As you reach the final stages of the homebuying journey, it’s important to remember all the steps you’ve taken to get here. From using a mortgage calculator to browsing homes online or in-person, to finally making an offer on your dream home, you’ve come a long way. Now, with the home inspection complete and the bank ready to send settlement funds, you’re just a few steps away from closing on your new home.
Before you can call the house in Atlanta, GA, Phoenix, AZ, or wherever you’re moving to your own, there’s one last task to complete: the final walk-through. Redfin has put together a comprehensive checklist to guide you through this important step and ensure a smooth closing process.
What happens during the final walk-through before closing?
The final walk-through is your opportunity to ensure that all requested repairs have been completed, no new issues have arisen, all agreed-upon fixtures and furniture are in place, and all systems and appliances are functioning as expected. It’s a crucial step to avoid any surprises once you move in.
When should the final walk-through take place?
Ideally, the final walk-through should happen as close to closing as possible. The seller should have moved out completely, allowing you to inspect the home thoroughly. If you can’t do the walk-through on the day of closing, aim for 2-3 days before to catch any last-minute issues.
Who should attend the final walk-through?
The buyer and their real estate agent are the main attendees at the final walk-through. The seller should not be present unless specifically requested, and any professionals involved in repairs can also attend at the buyer’s discretion.
How long does the final walk-through take?
The duration of the walk-through depends on the size of the house and the thoroughness of your inspection. It’s important to take your time and check all aspects of the home to ensure a smooth transition.
What should you look for during the final walk-through?
During the walk-through, focus on confirming that the house is in the expected condition, without bringing up new issues unrelated to the initial inspection. Take note of any discrepancies and ensure everything is as agreed upon.
What should you bring to the final walk-through?
Be sure to bring your original offer, inspection report, written agreements, a notebook, a camera, and this checklist to guide you through the process. It’s essential to document any findings and ensure a smooth closing.
The ultimate final walk-through checklist
What is the seller’s role in the final walk-through?
The seller is responsible for leaving the house in good condition, as agreed upon in the sales contract. They should ensure all repairs are completed, belongings are removed, and the house is clean for the new owners.
How to handle problems during the final walk-through?
Communication is key when addressing any issues that arise during the walk-through. Work with your agent to document and resolve any problems, whether through repairs, compensation, or negotiation with the seller.
By following this checklist and being thorough in your inspection, you can ensure a successful final walk-through and a smooth closing process for your new home.