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Take one last look before closing
By Texas Association of Realtors
Wednesday, June 13, 2012 • Posted June 14, 2012 4:39 PM

You’re only a couple of days away from closing on your new house, and everything is almost official. So why not take a walk?

Sure you viewed the house, had an inspection, and maybe asked the seller to repair a few things. But it’s a good idea to inspect the property one more time to confirm the condition of the house prior to closing. Spend 30 minutes or an hour walking around the place. I know that you probably have a lengthy to-do list – buying a house is a hectic time – but here’s why a final walk-through is a good idea.

Is it fixed?

The purpose of the final walk-through, which can take place anytime before closing – even the morning of – is to make sure the property is in the condition you expected it to be in when you signed the purchase agreement. Verify that all agreed-upon repairs have been made, no damage has been done to the property – especially if it’s vacant – and that all items included in the sales contract are present and in satisfactory condition.

People cause unintentional damage

What if the seller removed a ceiling fan without realizing that he was supposed to leave it or forgot to clean out all his junk in the attic? What if a wall or the floor was damaged when the seller was moving out? You don’t know what you may find, and this is your last chance to have any concerns addressed. Many sellers willingly fix problems that they may have overlooked in the chaos of moving or during the time a home was vacant.

What if they’re home?

The sellers may still be moving out during your walk-through. This might not be a bad thing. They may offer the manuals for appliances, provide paint colors or show you how the sprinkler system works. This is your chance to ask questions or request contact information of repairmen who’ve done work on the property.

Come prepared

Do your walk-through with your purchase agreement, the seller’s disclosure form, and reports about any work that was done as a part of the contract. Your Texas REALTOR® will be happy to join you for one last look. You may also want to bring along your spouse or a friend to help you look around; it’s always useful to have another pair of eyes.

It doesn’t take long

The final walk-through is one of those little things that you can do to protect yourself from problems after the sale is completed. Verify that everything’s right with the house and, if you do find something unexpected, talk to your Texas REALTOR. Most problems you discover can probably be taken care of at closing with financial considerations or other agreements with the seller. For your real estate needs, please contact Waymond Lightfoot (RE/MAX Genesis) at 210-386-5201.

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