Make Your Final Walkthrough Before Closing a Success With These 10 Tips!
The day has finally come. You’ve found your dream home, made the offer, and have had it accepted by the seller! You’ve had the home inspected by a professional, and your loan is finalized. Now you just can’t wait to move in and make it yours!
We don’t mean to rain on your parade, but you’re not finished quite yet! You have one more big step to take before making the house unequivocally and officially yours – you have to do the final walkthrough!
A walkthrough is more than just simply walking through the house and making sure the seller took all of his or her stuff with them. If done incorrectly, you could find yourself living less than happily ever after in your dream home. But have no fear! Just read the following 10 tips to help you have a successful walkthrough before closing happens!
Come Prepared – When you come to the final walkthrough, you should make sure that you have your contract with you – you might need to refer to it while you’re there! You should also take a checklist of all the things you need to test and check during the walkthrough to ensure that everything is functioning properly.
Ask Your Agent to Come, Too – It’s always a good idea to have an additional set of eyes and knowledge with you to help pick up on things you might accidentally pass up. Ask your agent to accompany you; they’ll help ground you if any issues happen to arise in the home.
Test, Test, Test – Take the time to do some testing in the house. Turn on all the lights and faucets and check for leaks under each sink. Flush all toilets, check that the appliances that you purchased are all there and working properly, and run the dishwasher. Don’t forget to turn on the ceiling fans, ring the doorbell, and make sure that the hot water heater works! The goal is to make sure that everything works.
Check Doors and Windows – With each and every door and window you come across in your soon-to-be home, check that they work. Open and close each door and window. Are they functioning properly? Are the screens on each window in place? Is anything major out of place? These are issues that should be taken care of before the home becomes yours.
Test the Heating and Cooling – Whether it’s the during the heat of summer, the dead of winter, or sometime in between, you should take the time to test both the heating and air conditioning in the home. A few minutes of possible discomfort can save you from days, weeks, or even months of misery.
Do Some Spot-Checking – While you walk through the home, keep your eyes peeled to the ceilings, floors, and walls for any signs of mold or mildew, especially if the property has been vacant for a while. While you’re looking for mold and mildew, check to see that the movers didn’t leave any damage as well.
Confirm Repairs Were Made – Your seller might have promised some repairs to be made to the home before you purchased it. When you’re going on the walkthrough, make sure that all the repairs that were outlined in the sales agreement have been completed. Also, make sure that the seller provided you with warranties for any work that was done to the home as well as manuals for all the appliances that they leave.
Check For Trash and Debris – Sellers are required to leave the home as clean as they can and to make sure that they take their personal belongings with them. Check around the home, including the closets and storage areas, to see if any debris, trash, or belongings were left behind.
Go Outside – Don’t forget about the house’s exterior! Go outside to see if there have been any changes in the landscaping of if any damage has occurred, especially if there has been a strong storm since your last visit.
Get the Keys – If everything checks out, be sure to get all the keys to the home and the garage door opener. If you happen to be buying a condo, you’ll need the keys to your mailbox, storage space, and the common areas, too.
If there happen to be any issues to resolve after you’ve completed the walkthrough, you may need to delay the closing date until everything is amended and complete. If the date can’t be moved, work out the issues during the closing and have the seller compensate you for any costs.
When you purchase a new home, you’ll want to be sure to tell your insurance agent all about it so he or she can update your policy and make sure that you’re being covered properly. Call us at 1-800-766-MMIC or visit us online at www.madisonmutual.com to let us know about it! Don’t have home insurance? We can do that! Call us to see how we can protect you and what matters most in your life!