What is The Importance Of A Final Walk-Through?
The final walk-through entails reviewing a property before you close a deal. Your intention is merely that of ascertaining that everything is as it was from the first viewing. However, if during the first visit there were areas that needed repairs, the final tour of the house serves as a control check that the seller acted on them. The best time to have this activity is soon after the person who occupied the house moves out. During this period, you also take advantage of the opportunity to confirm that the things expected to remain have remained. How important is the last walk-through after moving out?
It keeps you updated on the property’s condition
The inspection or final visit before purchase helps verify that nothing has changed since you last viewed the house. Remember that this is not a home inspection per se and you should not renegotiate the price you had agreed upon at the onset. However, a walkthrough protects you from surprises once you acquire the property.
It helps avoid utility disruptions
Part of the activities during the process of moving to a new location is the change of utility accounts. You usually contact the water, electricity and gas companies to notify them of your new address. Once you view the house you intend to buy and confirm that everything is intact, you may now proceed to alert the utility companies to make changes in your address. It is during the final walk-through that you take readings for electricity and water.
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For a quick problem resolution
Problems may arise during the walkthrough, and this is the best time for the seller or their agent to address them. If you had not shown up or proceeded to sign a contract, it would mean that you have assumed responsibility. You need this last visit just to ascertain that everything is fine. The least you would expect is to encounter problems after you have already moved in, and yet you overlooked a walk-through invitation.
To complete the property’s checklist
When the seller requests you to turn up for the final assessment, they will provide you with a list. Among the things you should look out for are:
- Light fixtures: Turn them on and off and make sure that they are working. For bulbs, you may ask that they are replaced before checking again.
- Air conditioning and heating equipment: Turn the HVAC on, adjust the heat and attest that the system is functional.
- Water: All the faucets must have running water. Check the sinks and bathrooms too. Flush the toilets just to be sure they actually flush.
Try not to ignore a request to attend a final walk-through of the property you are about to buy. The opportunity helps in informing you on the status of the house. Let the visit be undertaken a few days soon after the person occupying the same moves out. You also need a heads-up so that you can alert your hired mover. Meanwhile, confirm utility accounts transfer and use a checklist to verify that everything is intact.