The final walk-through is your last chance before the closing to identify any problems with your new home. The walk-through generally takes place a couple of hours before closing, after the seller has moved out of the property. It's an opportunity to check issues that were cited during the inspection: any repairs or replacements the seller agreed to make should be complete by the time you do your walk-through. Keep in mind that if any of these items were not functioning 100% at time of inspection and were not negotiated to be repaired or replaced, then you have agreed to accept them "as is" and will take ownership of them in that condition.
Here's a checklist of items to look over on the walk-through:
-Electrical Fixtures: Turn switches on and off to make sure they are working properly.
-Plumbing: All faucets inside and outside should be turned on to make sure they are connected and there is decent water pressure. Flush the toilets to make sure they drain properly.
-Windows and Doors/Garage Doors: Do they open and close properly? Do the locks work?
-Appliances: Test the stove, oven, dishwasher, garbage disposal, trash compactor, refrigerator, freezer, washer, dryer and any other appliances the owner left behind.
-HVAC: Check the furnace and make sure the hot water heater is providing hot water. Make sure the heating system, air conditioners or central air system are in working order.
-Overall Damage: Is there any evidence of leaks or water damage not noted in the inspection report? Be sure that doors, walls and floors haven't been damaged during the seller's removal of furnishings.
-Cosmetics: Property should be clear of debris and no trash or belongings should be left behind. Verify that the items such as appliances, drapes, blinds, and light fixtures that were included as part of the deal have been left to you.
-Keys: make sure you will have keys to all doors, the mailbox and garage door openers (these will be given at the closing table).
-Manuals: Ask the seller to leave manuals for household systems or appliances. Request any architect plans, records of modifications or renovations that may be helpful for you to have as the new owner. It would also be helpful to know what service providers the seller used for landscaping, snow removal, pool maintenance, heating oil delivery, etc.
If the walk-through reveals any problems, your agent will make note of them and bring the list to the closing where your attorney will negotiate either a credit to you or money to be held in escrow to address the issues.
Now that you have closed, you have reached the finish line!