Walk-Through
Tips for Home Buyers
One of the most
exciting days during the home
buying process is your walk-through,
usually scheduled on the day before your settlement. Just like it sounds, a
“walk-through” takes place when you and your buyer’s agent explore your
home-to-be and check to make sure it’s in the condition specified in your
contract.
Chances are, this is
the first time you’ve been back in the property for a few weeks and the first
time you’ve seen it without the sellers’ possessions in place — unless you
bought a vacant home. Hopefully, you’ll still feel enthusiastic about your new
home, but no matter how exhilarated you are and eager to move in, you should
take your time on the walk-through and carefully check on every room.
When to Schedule Your
Walk-Through
Typically your
walk-through should take place within 24 hours of your closing so that you see the property at the last
possible moment. You don’t want to do the final check too soon and then
discover damage from a storm that hit the day before your settlement. Once you
sign the settlement documents any damage becomes your responsibility, even if
it occurred before you officially owned the property.
If your contract
states that the seller is to make repairs, it’s best to schedule two
walk-throughs. The first one should take place a week or so before your
settlement date so that you can review requested repairs. If you’re not
satisfied or the seller hasn’t provided requested receipts and contact
information for the contractors, this will give you time to negotiate a
solution to the problem so that your settlement won’t be delayed. You should
still have your final walk-through just before the closing.
What to Expect on Your
Walk-Through
Some buyers are
disappointed when they see the condition of the property after the sellers have
vacated the home. Most contracts state that the property needs to be “broom
clean.” Many people have different standards for cleanliness and broom clean
means just that — swept up but not necessarily deep-cleaned.
Regardless of the
cleanliness of the home, there are certain steps to take during the
walk-through:
§ Bring your home inspection report, a copy of
your contract and the seller’s property condition disclosure form so you can
check on specific flagged items.
§ Check for items that the sellers agreed in the
contract to convey to the buyers, such as window treatments or fireplace tools.
Remember that these items have to be identified in writing, not just in a oral
agreement.
§ Check for items the sellers left behind that
you don’t want. If the sellers don’t want their basement bookcases, that
doesn’t mean you have to keep them. Check your contract to see if the shelves
were mentioned. If not, it’s the sellers’ responsibility, not yours, to remove
them.
§ Turn on the heat and air conditioning for a
few minutes to see if they’re operable.
§ Bring an inexpensive electrical tester from a
hardware store to make sure all the outlets work.
What to Do If You Find
a Problem
If you find that the
sellers have not followed through on the contract promises or you find a new
issue that you want them to address, consider whether the problem is worth
disrupting your settlement. For instance, if there’s a light bulb that’s burned
out in the refrigerator, you can easily take care of that yourself. Even
something a little more costly may be something you should think about handling
on your own in the interest of settling on time.
However, if you’re
uncertain of the extent of a problem, such as a newly discovered leak under the
bathroom sink that the sellers hid during your home inspection, you and your
buyer’s agent should contact the seller’s agent and negotiate a solution to the
problem. If you find the seller is unwilling to pay for a plumber, think about
the cost to you in delaying your closing or in legal fees. Your REALTOR® can
help you determine which issues are worth pursuing and which you can resolve on
your own.
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