So, you finally put an offer on a house – congratulations! The one thing that is standing between you and the home of your dreams is the final walk through. No matter how much you want to expedite the process, you need to understand the importance of the final walk through and make sure you do it.
Why? You need to make sure that the agreed-upon repairs were performed correctly. For example, if you and the seller had stipulated that he or she would be responsible for painting the walls in the kitchen, you would want to make sure that actually happened. However, having the seller tell you it happened and it looks great is very different than you walking into the home and assessing for yourself. What if you walked into the house and the paint looked all bubbly and discolored because the seller picked a bad painter? This is something you will have to assess for yourself.
This is absolutely necessary, because you are the one buying the home. If you’re not happy with how the home looks right before you close, you can either back out or renegotiate. Either way, you need to absolutely inspect the home before you close on it to make sure it is actually in the top shape and condition you would like it to be in when you move in.
This is true for any agreement you and the seller had made prior to closing on the house. As long as the house is in the condition in which you would want it, you are good to go and will be able to close on your house. Just don’t underestimate the power of a final walkthrough! Your pocketbook and your peace of mind will thank you.