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July
26

Final Walk Through Guide

You've made it to the final walk-through process, which means your long journey to securing your new property is almost complete. The final walk-through might seem like a simple formality, but it's one of the most important steps in the process. This is your final chance to ensure the seller held up their end of the bargain regarding repairs, maintenance, or contingencies.

Our real estate agents receive lots of questions about what to expect during the process. If you're in the process of purchasing one of these Round Rock homes for sale, below are some tips to guide you through the final walk-through process to ensure you don't miss anything.

Inspect All Repairs
As a homebuyer, your priority during the final walk-through is to ensure the seller completed any agreed-upon repairs or maintenance and that the work has been completed to your liking. Whether it's a minor fix such as doorknob replacement or a significant structural issue, remember to inspect every item closely. You can also ask the seller to leave behind any receipts or warranties if issues arise in the future. 

Look For New Issues
A lot can happen over 4 to 6 weeks, so it's also wise to keep an eye out for any new issues that may have popped up since the last time you visited the home. If you notice any significant problems that may have occurred since your last visit, this is your final opportunity to bring them to the seller's attention. Below are some common things to test during the walk-through process: 

  • Check the basement for new cracks or water spots
  • Run the garbage disposal
  • Open the garage door
  • Flip on and off the light switches
  • Flush toilets and run sinks

Check For Items Left As Part Of The Sale
If the seller agreed to leave behind any items such as appliances, lawnmowers, or pool tables, make sure they're still around after the seller has moved out. Most sellers won't attempt to skirt their end of the bargain, but it's still a good idea to check that everything is still in place.

What To Do If You Find Issues
While it doesn't happen often, sometimes buyers do find issues during the final walk-through process, so you should be prepared in the event there is a problem. If a seller did not complete required repairs or a new issue has occurred, you typically have three options:

  1. Delay closing until the repairs are complete.
  2. Negotiate compensation and make the repairs on your own.
  3. Back out of the deal. This is generally unfavorable for all parties given the amount of time and energy put forward and is only recommended under the most egregious of circumstances.

Make Sure Your Real Estate Agent Is Present
Your real estate agent has conducted dozens of walk-throughs, so he or she knows exactly what to look for. Having a second trusted set of eyes is highly advisable during the process. Your agent will have a record of all contingencies agreed upon during the sale and will be able to help ensure you don't miss anything.

Most of the time, the final walk-through process tends to go very smoothly, but it's still important to it seriously and check everything. If you're looking for guidance on the buying process, contact us today.

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