Anatomy of a walk-through

By
Real Estate Agent with Samsel & Associates 0790808

Within a week or so of your closing, we'll schedule the first walk-through of the home. Here are some do's and don't's to remember for the walk through:

  • The purpose of this walk-through is to ensure that all inspection issues have been resolved. Items that were negotiated - perhaps termite treatment, plumbing repairs, window replaceents, or any other item should all be taken care of. If they are not, there is usually enough time before closing to get them resolved.
  • The purpose of this walk-through is not a secondary inspection. This is not the time to bring in a home inspector, building engineer, or contractor. It is also not the time to bring in your decorator to take measurements. 
  • If you uncover any defects during this walk-through, you need to speak with your attorney so that they can be resolved before closing.

Then, about 24 hours before closing, we'll have a second walk through. The purpose of this walk through is to again ensure that all negotiated items have been resolved. Check for the following:

  • Are the appliances, light fixures, and window treatments that same as your contract specifies?
  • Has there been any damage to the home during the course of the sellers moving out? Look for holes in the wall, scratches, etcetera.
  • Has the seller's furniture and belongings all been removed? Is the home broom clean? It is unreasonable to expect the home to be immaculate, but debris should be removed.

Having two walk-throughs is a newer implementation with the TRID changes to the NJAR contract and is designed to protect the buyer. While a buyer can opt out of the walk-throughs, it is not in your best interest. 

If you have any questions about your walk through during your home buying process, be sure to ask your realtor agent for clarification!

 

 

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Bill Barber 06/01/2016 10:40 AM
Topic:
Home Buying
Location:
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Groups:
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Agents who want REFERRALS!
New Jersey Real Estate Experts
Garden State Real Estate
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Tags:
buying a home
closing
walk through

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Ambassador
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Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 We have traditionally done two walk-throughs.  The first 2 or 3 days prior to closing.  The second one on the afternoon before or the morning of the Closing.

Jun 01, 2016 10:10 AM #1
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Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Traditionally we do 1 walk-through, normally within 5 days of closing. You've shared some good information here

Jun 01, 2016 10:26 AM #2
Rainmaker
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Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

I already had practiced two walk-thru's well before TRID

Jun 01, 2016 10:41 AM #3
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

This is very informational and will answer many of the questions that buyer have about what happens before closing.

Jun 01, 2016 11:40 AM #4
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Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

Great post. I had a buyer's family member show up with a ladder and a coal miner's hat for the final walk-thru. We were there 45 minutes before I shut it down.

Jun 01, 2016 11:52 PM #5
Rainmaker
2,509,572
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

We usually do one walkthrough. On occasion have done two depending on what the inspection found and to satisfy the buyer.

Jun 02, 2016 03:31 AM #6
Rainmaker
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Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

two walk throughs.. great idea!  super to tell clients and if they only want to do one you look great for asking about two.. if they do 2, well more time to work on those future referrals as you get close to closing!

Jun 02, 2016 11:04 AM #7
Rainmaker
3,248,409
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Wayne and Jean

Your right on point the closing ensure everything done as per the agreement of sale and that everything is in working order.

Good luck and success.

Lou Ludwig

Jun 02, 2016 12:40 PM #8
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Thanks Wayne and Jean,

An essential step toward the end of every transaction, surprising how many closings are canceled or delayed when these do not go well.

Jun 03, 2016 02:01 PM #9
Rainmaker
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

By C.A.R. contract we usually schedule a walk through 5 days prior of COE, in case any repairs or issues found, sellers have time to fix. 

p.s. I like your new profile pic:) 

Jun 07, 2016 06:15 AM #10
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Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate
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