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The Final Walk Through- the first step in Closing

By
Real Estate Agent with Century 21 Alliance Realty Group

As a buyer, your last moment of leverage is signing on the (many!) lines during closing. Just before that day, though, you should do a final walk-through of the home you’re buying. While you might think a quick glance through the rooms is enough, you’d be well advised to take your time.

In fact, a good walk-through should take at least 30 minutes, depending on the size of the home. You might even want to consider hiring a home inspector to revisit the place to make sure any repairs essential to the deal were taken care of properly.

Don’t perform the walk-through too early, either. No more than two days at most. If you complete the walk-through too soon, there’s always a chance severe weather or other adverse events could damage the home. (Recent weather events are also a good reason to check for leaks or water in unexpected places.)

Be sure to check appliances, light switches, heating and air conditioning systems, garage doors, and any other major systems (pool pumps and heaters) along the way, too.

Should you come across anything that raises alarms, be sure to look for a way to settle the issue in a friendly, non-confrontational manner. While you don’t want to jeopardize the closing, you may be well within your rights to seek some sort of concession from the seller.

Even with short sales and foreclosed properties, you’ll want to do a walk-through to make sure all appliances and fixtures promised are still in place before the closing. (A home might be “as is,” but it’s definitely “as is” under the terms of the contract! Don’t get shorted.)

On the whole, the walk-through is an exciting time... after all, it’s almost yours! But don’t let excitement cloud your good sense. Use a little of this walk-through wisdom to protect your investment!

I’m always on the lookout for my clients. If you need representation for buying or selling a home, please get in touch today: Barbara Carter

John J Lease Realtors~845 505 3160~ www.NewPaltzRealEstate.Com

 

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Real Estate in New Paltz NY 12561 and HIghland NY 12528

Barbara Carter NYS Licensed Associate Broker

Century 21 Alliance Realty Group
Route 9 Wappingers Falls NY
Cell: 845 505 3160 always the best way to reach me directly
Office: 845 297 4700
 
Please forward my contact information to anyone you feel could benefit from my services- the best compliment I can receive is your referral

 

 

Comments (2)

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Walk thrus can be one of the most fun parts....the house is better than the buyers remember and can't wait to move in and make it their own.

Aug 15, 2012 10:53 PM
J Perrin Cornell
Coldwell Banker Cascade Real Estate - Wenatchee, WA
Broker, ABR, VAMRES
Walk throughs can also serve the purpose of demonstrating to your clients you are a thorough agent with their interest in mind!
Aug 15, 2012 11:02 PM