Sunday, April 12, 2015

REAL ESTATE TIPS...The final walk-through

blog.allstate.com
blog.allstate.com
The final walk-through is an important part of the home buying process, so you should always be prepared as the real estate professional. This step gives a buyer the opportunity to assess the home top-to-bottom before closing. Although a home inspector can accompany a buyer during the final walk-through, it’s essential for the buyer to evaluate the home as an inspector would.
To successfully complete the final walk-through, keep these tips in mind.
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1. Have your contract, inspection report and any seller disclosures handy when walking through the home. These documents will help you determine if any new issues developed after the inspection, and which repairs, if any, were included in the agreement.
2. Inspect both the exterior and interior of the home, paying special attention to any issues the seller agreed to resolve before closing. This is crucial, especially if the seller has already vacated. Spend some time assessing the landscape and grounds, as well as confirming that all doors and windows not only open and close properly, but are also secure.
3. Inside the home, test the HVAC system and all appliances included in the contract. Turn on and off all lights, both inside and outside, and check the temperature and water pressure for all faucets. Remember to flush toilets to ensure there are no drips or leaks.
4. Before completing the final walk-through, be sure to ask for working keys to every door, alarm codes, garage openers and any appliance or system manuals. It’s also a good idea to ask for copies of receipts for any repairs the sellers paid for.

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