Your dream to move is only days away, and you are very excited. Rightfully so as you searched for many homes, made an offer, went through the process of applying for the mortgage, etc., There is one crucial process right before closing called buyers’ final walkthrough.
What is the buyers’ final walkthrough? As the name states, this is one last time as a buyer you are accessing the property that you are going to own, to ensure two things
1) Condition of the property has not significantly changed since the execution of the contract
2) Check agreed-upon repairs were performed by the seller
For example: Say there was a hail just one week before closing and the roof is damaged. Consider another condition where, during the final walkthrough, you noticed damaged sheetrock (holes in the wall or holes in the door) that were not present when the contract was executed and not present even during the inspection. The remedies include delaying closing to terminating the contract.
If you are in the market to buy or sell, contact Poogle (972)4087402, an experienced and knowledgeable REALTOR(R).