After you have negotiated on pricing, terms, closing date, conducted an inspection, signed contracts, secured your financing, and cleared title (woah that’s a lot!) comes the final walkthrough. The purpose of the final walkthrough just before you officially close on the property is to check to make sure their are no new issues that have popped up since you conducted an inspection and to check that any repairs were done that you negotiated for.
Typically the final walkthrough will be conducted either the day of the closing or the day before. It’s important that you thoroughly inspect the property because once you sign that paperwork with your attorney any repairs that need to be made are yours to deal with. You also want to make sure that any of the items that were to left behind such as the Refrigerator, Dishwasher, Washing Machine or Dryer are there and are in tact and are in good working condition. On the other hand, you also want to make sure that anything that you do not want in the home was not left there for you to deal with such as any furniture or personal belongings the seller thought that they could just leave for you to handle!
You’ll want to go through the entire home (similar to your inspection) and check on all the appliances, the plumbing, the windows, doors, and inspect the exterior and below-grade level for any potential mishaps. Don’t forget to check all the utilities, whether its steam heat or a hydro air system.
Remember to inspect the exterior of the property which may reveal any issues with the siding, roof, or any external systems such as the air condenser for the central air system or the irrigation system in the lawn.
After this is all said and done, you can go and buy your new home with some peace of mind!
If you are thinking about buying or selling real estate in lower Westchester County, give us a call today!
Licensed Real Estate Salesperson
71 Pondfield Road
Bronxville NY 10708
O: 914-337-1312 Ext 330