You’re nearing the end of the home buying process, but there are still a few crucial steps left; one is the final walkthrough. What is the final walkthrough? The final walkthrough allows you, as the home buyer, to do one last check on the property by walking through the home to ensure everything is how it should be before you go to the closing table. What happens at the final walkthrough, and when does it happen?
When Does the Final Walkthrough Happen?
The final walkthrough happens just before the closing of your home. Typically, they take place the day before or the day of closing. They happen so close to closing that you have time to go through the home right before you buy it to make sure nothing is out of place. If they happened weeks before the closing, there could be time for damage to occur at the home. Conducting the walkthrough as close to closing is vital if you find something wrong with the house.
What Do You Look for at a Final Walkthrough?
You and your agent will look for any significant or new damage to the home, such as a water leak storm damage, and that all appliances are in working order. Additionally, if any repairs were due to be made before the closing, you can confirm that they were appropriately done during the final walkthrough.
Should You Bring a Checklist?
A final walkthrough checklist, especially a first-time homebuyer checklist, is essential to bring to the walkthrough. You can download a checklist here to print and bring to your walkthrough. Download checklist here.
How Long Should a Final Walkthrough Take?
The total time a walkthrough should take is entirely up to you and your real estate agent. Generally, prepare to take the time necessary for you to evaluate the home. Set aside anywhere from twenty to sixty minutes to perform the final walkthrough.
Homeownership in Texas
With Beyond 404 Realty, Anthoney Hanks helps families and individuals in the Dallas-Fort Worth community find their dream home. Anthony specializes in working with first-time homebuyers in Texas and those looking to purchase investment properties in Texas. Anthoney will teach you how to become a homeowner, stop renting, and start buying! Visit www.beyond404realty.com for more information or visit our YouTube page for short videos on starting the home buying process https://www.youtube.com/channel/UCmzTlxpC6-nJWXsphoqhPZw We can’t wait to work with you.
