As you get close to closing on a home, there is one final step that gives buyers peace of mind before signing the paperwork. This step is called the final walkthrough.
A walkthrough is the final inspection a buyer conducts before closing. It usually takes place within 24 hours of closing and allows the buyer to confirm that the property is in the agreed upon condition.
When Does the Walkthrough Happen?
The final walkthrough typically happens the day before closing or even the same day, just a few hours prior. The timing is important because it ensures the home has not changed since the last time the buyer saw it.
What Is the Purpose of a Walkthrough?
The walkthrough is not a new inspection. Instead, it is a final check to make sure everything is as expected.
Buyers are confirming that:
• The home is in the same condition as when the offer was accepted
• Any agreed upon repairs have been completed
• No new damage or issues have occurred
• The seller has moved out, if required by the contract
This step helps prevent surprises at the closing table.
What Should Buyers Check?
During the walkthrough, buyers should take time to carefully review key areas of the home.
This includes:
• Testing appliances to ensure they are working properly
• Checking lights, outlets, and electrical systems
• Running faucets and checking for leaks
• Opening and closing windows and doors
• Verifying that agreed upon repairs were completed
• Looking at walls, floors, and ceilings for any new damage
• Confirming the overall cleanliness of the home
It is helpful to bring a copy of the repair agreement or contract so nothing is overlooked.
What Happens If There Is a Problem?
If an issue is discovered during the walkthrough, it is important to notify your agent immediately. Depending on the situation, the buyer and seller may agree to resolve the issue before closing, delay closing, or negotiate a credit.
The goal is to address any concerns before ownership officially transfers.
Final Thoughts
The final walkthrough is an important step that allows buyers to move forward with confidence. It ensures that the home you are purchasing meets expectations and that there are no last minute surprises.
If you are buying a home in Greenville, Simpsonville, Five Forks, or anywhere in the Upstate, I would love to help guide you through your walkthrough and closing process. I am Monica Barnett, a local real estate agent with Coldwell Banker Caine. Let’s make your home buying experience simple, informed, and stress free.
