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In the days leading up to the closing of your new home, there's a few items you shouldn't forget to check off your to-do list. One of them being "Do a Final Walk Thru".
A final walk-thru is NOT:
a chance to go back and ask for more repairs to be made (assuming no further damage has been done since the inspection)
an opportunity to negotiate on any previously negotiated item (price, closing date, etc)
a time to decide you really don't like the _________ (paint colors, floor plan, wallpaper, etc) and back out.
So, what IS a final walk-thru for?
to verify that all agreed upon repairs have been completed
to make sure that the condiiton of the home has not changed since contract signing - for example: the roof hasn't blown off in a storm, a hole hasn't been punched through a wall, paint hasn't been spilled on the carpeting, etc.
to allow the buyers a chance to measure for new furniture - like refrigerator spaces in the kitchen, or the length of a wall for a new couch
to mentally note where cable/internet outlets are so that they can inform their new service providers of any new outlets they'd like installed.
The best time to do a final walk-thru is as close to closing as possible - but not TOO close. I like to ask the listing agent to have all final repairs completed (with receipts sent to me) at least two days prior to our agreed upon closing date.
If you wait too close to closing - like the morning OF closing - then there may not be enough time to address repairs that were not done correctly. This could lead to a delay in closing and unhappy clients. NOT the way you want to end an otherwise smooth transaction!
If you're looking for a home in the McKinney TX or Collin County area then you're in the right place! Search for homes on my Collin County real estate website, subscribe to this blog, or follow on Facebook and Twitter.
As a McKinney Texas REALTOR I'm proud to say that I live here, work here and play here! My blog will feature real estate information & market activity specific to McKinney, Allen, Frisco, Plano, Prosper and surrounding Collin County cities. Whether you are a local buyer, seller, renter, resident or fellow agent, I hope that this blog will provide insight into what makes McKinney and Collin County so unique! By TwitterButtons.com
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.