Curtis Counts here with the New Jersey Real Estate Experts at eXp, bringing you the Real Estate Term of The Day: Final Walkthrough.

The final walkthrough is crucial because it gives the buyer an opportunity to inspect the property one last time before closing. This is especially important if the property has been vacant, as there may be hidden damage that is not immediately apparent. The final walkthrough also allows the buyer to confirm that all agreed-upon repairs have been made and that the home is in the same condition as when the contract was signed. While it is not always possible to avoid problems altogether, the final walkthrough provides peace of mind and helps to ensure that the buyer is happy with their new home.

Seasoned Realtors Consider the Final Walkthrough Mandatory

Final walkthroughs are an important step in the home buying process. They give you a chance to see the property one last time before you officially take ownership. During the final walkthrough, your agent will be with you to ensure all the items in the home are in proper working order. They will verify that work was done for anything that had to be fixed through the home inspection.

This is also a good time to make sure that any furniture or yard equipment that is included in the purchase is present on the property. The final walkthrough is your last opportunity to catch any problems before they become your responsibility, so it’s important to take advantage of it.

Take Your Final Walkthrough – Homebuyers Should NOT Take Anything for Granted

What is a final walkthrough? A final walkthrough is when you (the buyer) and your agent go through the home to make sure that all the items in the home are in proper working order and that any work that was supposed to be done has been completed. This is also a good time to make sure that everything in the home is as you expected it to be. 

Why is a final walkthrough important? The final walkthrough gives you a chance to catch anything that may have been missed during the home inspection or that has not been completed as agreed. It’s better to catch these things before you close on the home, because once you close, the house is yours and you will be responsible for any repairs that need to be made. 

What should I do during a final walkthrough? During the final walkthrough, your agent will be with you to help ensure that all items in the home are in proper working order. They will also verify that any work that was supposed to be done has been completed. If possible, try to get receipts for any work that has been done. For example, if there was something wrong with the plumbing that was supposed to be fixed, ask for a copy of the invoice from the plumber. This will help if there are any problems later on. 

The final walkthrough is an important step in the homebuying process. It gives you a chance to catch anything that may have been missed during the home inspection or that has not been completed as agreed. Be sure to do a thorough check of the property with your agent before closing on the home.

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