When buying a home there are many steps to take before the deal is in the bag. One important step is the final walk through. By this time you should have had ample opportunity to get to know the home and think through the various aspects of living there. However, this does not mean that the final walk through is just a formality. Be prepared for this necessary step with these tips from Westmont IL real estate agent Beata Kolpek.
Purpose of the Walk Through
There are a couple reasons for a final walk through. The buyer has already visited the home and done an inspection. After that inspection there might have been some agreed upon changes to the home. The final inspection allows the buyer an opportunity to see these updates. There is always the possibility that the condition of the home has declined since the buyer first visited. The final walk through functions as a type of accountability regarding this potential. As a real estate agent in Westmont IL it is important to serve buyers and sellers with each step of the real estate process.
Tips for Walk Through
First, treat the final walk through seriously and be thorough. One observation as a Westmont IL Realtor with years of experience is that some buyers breeze through the walk through too quickly. Take the time to check for functionality:
There’s no need to feel guilty for checking these things. Remember that you are making a significant financial commitment. These checks are expected for anyone buying something.
Timing of the Walk Through
Serving buyers as a Realtor in Westmont IL has provided many opportunities to do a final walk through. It is not recommended to do a walk through on the day of closing. Suppose you come across a major repair that needs to be made. If you are closing on the same day then there is no time to make this repair. It adds tension to the transaction. The closing will need to be moved to a later date and negotiations can be reopened. This can also affect the lender as they will need to give approval. Ensure you have enough time between the final walk through and closing.
Before showing up for the final walk through it is good to have the right expectations. You might simply adore the home and find yourself excited to make it to closing so you can start moving in. However, there are many things that can be discovered in a walk through. Expect the unexpected. Issues arise all the time. Also, your perspective of the home may have been formed when the previous owners furniture and belongings were in it. When you arrive it will likely be empty. Expect this dynamic as well. Envision your belongings with your personality throughout the house. For help buying your next dream home contact professional Westmont IL real estate agent Beata Kolpek today!