Friday, January 22, 2010
Buyer's Final Walk Through
One of the last steps in buying a home in CA is what is known as the final walk through. This happens several days before you receive the keys to the property and it is intended to give you a chance to make sure the home is in the same condition as when you last saw it.
This is not a “discovery process” where we will investigate the house for problems, but instead will a time to confirm that the property is in the same condition as before. Major things we look for during a final walkthrough are missing light fixtures, damaged walls or doors, and missing appliances that were supposed to come with the house etc.
If damages are found during the final walk through, your real estate agent will take note, and contact escrow and tell them to stop until the problem has been remedied. The final walk through is not a point of renegotiation, it is really too late in the process for that. We just want to make sure you are not rushed into the purchase of a home where the seller has not performed their contractual obligations.
The final walk through is not mandatory, but for your safety, we recommend it. At the completion, you will be asked to sign a form stating that the entire property is in relatively the same condition as it was before.