Step 18: The Final Walk Through

 

During the week before closing, we’ll schedule the final walk-through.  This usually occurs 1-2 days prior to closing. It is a chance for you to walk through the property and make sure it’s in the same condition as it was during the inspection. The walk-through should take about 20 minutes.  We will contact you to find a day and time that would work best with your schedule.

 

Here’s what you should check at the final walk through:

  • Verify that all repairs have been made.  We will obtain copies of paid receipts and any related warranties in advance of the walk through

  • Check to make sure the sellers didn’t damage anything when moving out

  • Look to make sure all items included in the sales price (lighting fixtures, blinds, curtains, etc.) are still there. This includes anything that was attached to the wall previously such as shelves, TV mounts, etc. unless noted as being excluded on the contract

  • Screens and storm windows are in place or stored somewhere

  • Property is in “broom clean” condition meaning it doesn’t have to be perfectly clean, but you have to be able to clear out any debris with a broom

  • Verify that the garage door remotes are left within the home.

  • Make sure all personal items of the seller and all debris have been removed including clothing, food in the fridge, etc.

 

Here is what the final walk through is NOT:

  • It’s not a time to have your parents, friends, etc. come look at the property or for contractors to give you estimates, etc.   

  • It’s not possible to begin moving boxes or other items into the property at the walk-through.

  • It’s not when we receive the keys.  

 

At the end of the walk-through, we need to inquire as to how you will get any extra keys and garage door remotes.  Most times, these are left in a kitchen drawer so that they will be available to you after closing.

 

What happens if you find damage at the walk-through or the seller didn’t do one of the repairs he was supposed to do?

 

  1. You can delay closing by a few days/weeks and ask the sellers to repair whatever items are damaged.
  2. You can ask the sellers to put money into escrow to cover the cost of the repairs so you can still close on time.
  3. You can ask the sellers to provide a credit to cover the cost of the repairs so you can still close on time, but have the funds to pay for the needed repairs after closing.


Questions?  Feel free to contact us at 402-415-4799 or via www.OmahaHomeEquityGroup.com

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