Why a walk through?

By
Real Estate Agent with Atlanta Communities 303302

Why do you need to walk through your soon to be new home right before closing? You think you have been inside this home enough already? You have made the offer and negotiated a deal. The lender is ready and all you need to do is go sign a bunch of papers, right? Wrong.

Walk throughs are very important. They are supposed to be done right before your closing so that you can make sure the home is in the same condition as when you made your offer. I can't tell you how many horror stories I have heard concerning walk throughs.

When I bought my first home I did not do a walk through. If I had, I would have known the Sellers had taken every light switch cover in the home with them. I have heard of broken water pipes pumping gallons of water into a home, only to be found when the new owners arrive fresh from a closing to their new waterlogged home.

Make sure you walk through your new home to be right before your closing. This is your last chance to catch a problem with the home before it becomes "Your" problem.

Posted by

Peter den Boer, Associate Broker, Realtor

Atlanta Communities Real estate Brokerage

 

Ph. 770.713.1545

www.denboerhomes.com

 

I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.

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Rainer
102,059
Peter Preston-Thomas
Real Ottawa - Kanata, ON

We don't usually do a walk through in my area - I know it is standard practice in some - but it is sometimes requested.  A appreciate hearing your perspective and experience.  I'll consider making it standard in the offer.

Oct 03, 2011 02:51 AM #1
Rainmaker
503,939
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Walk-thru's are standard in my area and I'm in a greement with you - They are a must!  It's your last chance to make sure that the property is in the same condition as it was in when you contractually agreed to purchase it.  The ruined flooring hidden by their furniture may now be glaringly apparent, the dryer may have stopped functioning, etc., and you're in for significant repairs that you hadn't counted on. 

Oct 03, 2011 02:58 AM #2
Rainmaker
592,940
Than Maynard
Coldwell Banker Heart of Oklahoma - Purcell, OK
Broker - Licensed to List & Sell - 405-990-8862

Had one where the seller took every light bulb.

One where the seller took the mailbox and all the plants from the flower bed.

Never ceases to amaze.

Oct 03, 2011 03:04 AM #3
Rainer
442,903
James Loftis
RealEstate911.com - West Palm Beach, FL
RealEstate911.com

Hello Peter,

 

   Good information to know, I always recommend a walk Thur before closing. To not do so opens up a liability aspect for the Realtor.

Oct 03, 2011 03:11 AM #4
Ambassador
2,305,575
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Walk throughs are part of our contracts which helps to remind the buyers to do them and remind the seller that its going to happen.  

The only thing that we've had missing was a mailbox.. so far.. knock on wood. :) 

Oct 03, 2011 02:10 PM #5
Rainer
68,884
Christine Gerbehy
Berkshire Hathaway Home Services Fox and Roach Northfield - Egg Harbor Township, NJ
Making waves, one home at a time...

SO true, Peter!  Before I bought my last home, we did a walkthrough.  It was 99 degrees on Labor Day Weekend, I was to move in minutes after closing, and we turned on the central air and it DIDN'T WORK!  We fought at the closing table, they gave me $1500 off the sales price.  We had a handyman come out, take a look, replaced a battery and a filter, nice and chilly 2 hours later!  Thank GOODNESS, it could have been a much more expensive repair....

Oct 03, 2011 07:33 PM #6
Rainmaker
744,111
Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

Peter - I always do a walk through. You just never know what you will find!

Leah - You are absolutely right!

Than - me neither. Constantly amazed...

Judi - I think having the walk through part of the contract is a great idea.

Christine - Thank goodness for the walk through!

Oct 04, 2011 01:51 AM #7
Rainmaker
861,525
Gabrielle Kamahele Rhind
KGC Properties LLC, Tucson Property Management & Real Estate - Tucson, AZ
Broker/Owner

HI PETER!  Always, always, always!  It is soooo difficult to fix things after that fact - especially things that come up missing, should have been there but aren't anymore, etc!  Great advice!

Oct 05, 2011 10:34 AM #8
Rainer
96,246
Ross Therrien
Prudential Verani Realty, Londonderry,New Hampshire - Londonderry, NH
Realtor, Broker Associate

Walk throughs are a standard practice here.  Mostly as a curtesy. As stated in the contract 'broom clean" condition can have many meanings.

Oct 05, 2011 03:09 PM #9
Rainmaker
744,111
Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

Gabrielle - So true. I like closings that stay nicely closed! Thanks!

Ross - You got that right!

Oct 06, 2011 01:07 AM #10
Rainmaker
892,390
Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

Great words of wisdom Peter. I wish I had hired a hard nosed inspector...we all learn one way or another.

Oct 10, 2011 03:44 PM #11
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Rainmaker
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Peter den Boer

MBA,GRI, Associate Broker, Realtor
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