10 Things to Look for in a Final Walk-Through

10 Things to Look for in a Final Walk-Through

3 min read
Scott Smith

Scott Royal Smith is an asset protection attorney and long-time real estate investor. His law firm, Royal Legal Solutions, helps thousands of real estate investors and entrepreneurs in all 50 states protect more than $1.2 billion in assets. Since 2014, he has published over 1,000 posts and articles on BiggerPockets and has appeared on hundreds of podcasts.

Experience
Scott fell in love with real estate when his commercial property investment allowed him to graduate from Albany Law School debt-free. He immediately began practicing at the trial and appellate court with the district attorney, placing him in the top 1 percent of lawsuit attorneys in the county in terms of professional experiences. He also worked in private practice, suing insurance companies for denying valid claims (which is surprisingly common!).

After his friend lost $3 million in real estate from a single lawsuit, despite having ample insurance, Scott dedicated himself to educating real estate investors on the importance of affordable asset protection, specifically when it comes to folk knowledge and misconceptions that still exist in the investment and legal community. The solutions Scott recommends for his clients are the same ones he originally created for himself and has been refining on his mission to help people protect themselves from frivolous lawsuits.

Follow Scott as he deconstructs the litigation game and shows you how to free your time, protect your assets, and create wealth that lasts for generations.

Press
Scott regularly appears on shows with folks like Grant Cardone, BiggerPockets, Entrepreneurs on Fire, Wheelbarrow Profits, and his own real estate investing podcast. He frequently interviews industry experts on his Facebook and YouTube accounts and has published thousands of posts and articles on BiggerPockets and his blog for real estate investors.

Education
Scott graduated from Albany Law in 2014.

Accreditations
He has passed both the Texas and New York bar exams.

Follow
Facebook
YouTube
LinkedIn
Tax, Legal, & Asset Protection Secrets for Real Estate Investors Exclusive Facebook Group
RoyalLegalSolutions.com

Read More

Join for free and get unlimited access, free digital downloads, and tools to analyze real estate.

Buying a home can be a back-and-forth process, as buyers and sellers negotiate price, repairs, and other sticking points before closing.

These negotiations can be exhausting. Waiting for a seller to make repairs only keeps you from closing, while fast-moving flippers or impatient buyers may be tempted to close as soon as possible. But if you don’t do a final walk-through, you could ultimately lose time and money on your purchase.

Here’s a guide to help you understand the importance of a final walk-through and what you should look for when it takes place.

What Is a Final Walk-Through?

After all the repairs are completed and the house is ready for closing, buyers have the option of doing a final walk-through of the property. This walk-through allows the buyer to confirm that the seller fulfilled the terms of the deal. It is not the time to propose any new repairs or terms.

Do not rush through this opportunity; conduct your due diligence appropriately. The final walk-through typically takes place a few days (or hours) before closing. Once you make things official, you can’t chase after the seller for additional expenses—any oversights will come out of your wallet.

Sellers are typically not present at the final walk-through. But if they are, you have the chance to ask any final questions and address any “quirks” of the house. Have a list of questions and documents ready for your walk-through.

What to Bring to a Final Walk-Through

  • Purchase agreement
  • Home inspection report
  • Pen and paper to make notes
  • Camera
  • Phone charger or other electronic device (for testing outlets)
  • List of questions for the seller (or their agent)

What to Look For During a Final Walk-Through

A final walk-through will give you the chance to find any inconveniences you should know about before you put your signature anywhere. From squeaky doors to poor plumbing, a thorough walk-through should eliminate any move-in day surprises.

Smiling realtor greeting her customers outside the house for sale in winter with snow on ground

Check for each of the following when you do your final walk-through:

1. Sticky or creaky doors

Open and close every door and window in the home. Problems with doors and windows could point to larger issues within the home or may simply be an annoyance you want to know about before you move in.

2. HVAC issues

Run both the heating and air conditioning systems during your walk-through—you don’t want to wait until the next season to find out that there are issues with your new home. Make sure you’ll be comfortable all year round.

Related: The Ultimate Guide to Due Diligence

3. Broken outlets

Try to charge your phone or plug in another electronic device in every outlet in the house. If something isn’t working, you might have a larger electrical problem to address. This process might also give you some ideas of where you might like to place your furniture come move-in day.

4. Leaky faucets or poor plumbing

Run the hot and cold water in all of the bathrooms and the kitchen.

5. Mold

Even if you didn’t see mold in your initial inspections, you might spot it in your final walk-through. Mold grows quickly—check in the basement or around the sinks for signs of mold or leakage.

home-inspection

6. Broken appliances

The final walk-through can feel tedious, but it’s less painful than the process of repairing a dishwasher. Run all of the appliances once to ensure that they are move-in ready. This includes the garbage disposal and the water filter in the refrigerator. No one wants to spend the first few weeks in their new home fixing the oven or calling the repairman.

7. Doorbell and other home systems

Ring the doorbell. Open the garage door. Irrigate the lawn and run the sprinklers. Check all of these systems to prevent surprises later.

Related: 12 Questions to Ask Before You Hire a General Contractor

8. Warranties and repair information

Sellers may have made repairs as per your requests and may have also bought new appliances in the past few years. During these processes, the sellers probably built a relationship with local mechanics or specialists. Get their names so you can quickly reach out in case anything goes wrong.

9. Missing plants

Your final walk-through shouldn’t just focus on the inside of the home. Check the landscaping to make sure everything is in place. Are you getting all of the plants and pathways that you wanted? This might seem like a silly question, but it’s necessary. Buyers have shown up to their homes only to see that trees have been dug up and shrubs have been removed.

10. Signs of pests

Like mold, signs of an infestation can pop up in a few days. Fleas, ticks, and termites breed quickly. Any of the following signs might indicate the need for a closer look:

  • Dead bugs
  • Droppings
  • Pesticides under the sink or in cabinets
  • Sagging floors
  • Small holes in the wall or baseboard

A final walk-through is worth the time and effort it takes to go through every room and check every system. Take this opportunity and give yourself some peace of mind before you sign.

What repairs or changes have you negotiated as a buyer?

Let us know in the comments below!