You’re this close to owning a new home, you can almost taste it. The closing paperwork is prepared, your new digs passed the inspection, and—wonder of wonders—you’re even happy with your loan. Homeownership is just on the other side of the hill.
As long as the final walk-through goes all right.
OK, take a breath—there’s no need to panic. The vast majority of walk-throughs reveal no problems at all, and even if they do, most issues are easily fixed. Still, it can be an awkward, stressful process that can make you want to reach for the Xanax, especially for first-time buyers.
In this installment of our Home-Buying Guide, learn what to look for on your last trip through the house before the sellers hand over the keys. Your new keys!
Create a checklist
Before your walk-through, work with your Realtor® and real estate lawyer to create a comprehensive checklist covering all of your concerns with the home—the items that you’d like to see addressed or fixed, pronto. Look at your notes from previous walk-throughs and the inspection report to determine what areas of the house you should double-check.
“Simply having a checklist during final walk-through can greatly reduce any issues,” says Joe Stanfield, a Realtor in Charlotte, NC.
Other things to add to your inspection list include ensuring that all appliances work—make sure to turn them on while you’re in the house—as well as the bathroom plumbing. Check the windows, doors, and all outlets and lights. If anything is amiss, bring it up with the sellers as soon as possible and negotiate a fee the sellers can give you by personal check to cover the costs of fixing it yourself. It’s your last chance. Make it count