what is a final walk through in real estate

Best answer


For the home buyer,the final walkthrough isa chance for them to see their new home right before they close. This gives them the opportunity to make sure it’s in the same condition as it was when they first completed an inspection. For most,this offers peace of mind knowing exactly what they are investing in before the deal is completed.

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  • What is a final walkthrough in real estate?

  • A final walkthrough is performed before the settlement of the homebuying transaction. Buyers are often pressed for time as the transaction closing date draws near, so they might be tempted to pass on this opportunity. But many issues can come up, and it’s never a good idea to skip the final walkthrough.

  • What happens at a final walkthrough?

  • Typically, you’ll do the final walkthrough after the seller has moved out, about 24 hours prior to closing. It’s designed to be a final chance for you to check that the home is delivered in the condition you expected before you sign off at the closing. What can buyers demand at a final walkthrough?

  • What is a final walkthrough in California?

  • California stipulation 16 in the Residential Purchase Agreement allows property buyers to do a final walkthrough 5 days before closing. The walkthrough is an opportunity for buyers to ensure that the property is in the same or better condition than it was during their last viewing.

  • Do I need a final walk when buying a home?

  • For most, this offers peace of mind knowing exactly what they are investing in before the deal is completed. While the final walk is not mandatory, we recommend it, so there are no surprises when the buyer walks into his or her new home.

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