It's here -- well, almost. Closing day. The home inspection is completed. You have loan commitment. The boxes are packed. You are about to become a new homeowner. But there's one more thing to do.
The "Final Walkthrough."
So...what's a final walkthrough?
Quite simply, it's an opportunity for you, the buyer, to take a final look at the house before closing day to make sure that, except for normal wear and tear, there are no significant changes in the condition of the property. It is also a time to ensure repairs have been made in a manner as they were agreed upon in the contract.
What isn't a final walkthrough?
A final walkthrough is not a home inspection. It's not the time to check if every window is working properly, or to check when the last time was that the furnace and air conditioning were serviced, or to check for any signs of water damage. Those items are looked at during the home inspection, if you choose to include that as part of the terms in your offer.
And if you chose not to have a home inspection...well, you're outta luck at this point.
So be sure to talk to your sales agent when writing an offer about the benefits of having a home inspection included as part of the terms of your offer. Making that investment of a few hundred dollars can help alleviate any concerns or anxieties about potential issues at the final walkthrough and beyond closing.