Get the free PRE-CLOSING WALK-THROUGH CHECKLIST

PRE-CLOSING WALKTHROUGH CHECKLIST This list is intended to assist you in performing a final check on your new home and its components prior to closing your transaction. The walkthrough provides the

How to fill out pre-closing walk-through checklist

How to fill out pre-closing walk-through checklist:

1. Start by reviewing the checklist: Before you begin the walk-through, make sure you have a copy of the pre-closing walk-through checklist in hand. Familiarize yourself with the items that need to be inspected and documented during the walk-through.
2. Schedule the walk-through: Coordinate with the seller or the seller's agent to schedule a time for the pre-closing walk-through. It is typically done a day or two before the closing date to ensure that any issues can be addressed and resolved in a timely manner.
3. Bring necessary documentation: Take all relevant documents, such as the sales contract, any addendums, or repair requests made during the negotiation process. These documents will help you cross-reference any agreed-upon repairs or modifications.
4. Inspect the property: Begin at the exterior of the property and work your way through each area, including interior spaces, common areas (if applicable), and any other specific features mentioned in the checklist. Pay attention to details, such as the condition of walls, floors, windows, fixtures, appliances, and utilities.
5. Note any deficiencies or concerns: If you come across any items that require attention, be sure to document them on the checklist. This could include things like damaged walls, malfunctioning utilities, missing fixtures, or unfinished repairs. Take photos or videos as supporting evidence if necessary.
6. Verify completion of agreed-upon repairs: If there were any repairs or modifications requested during the negotiation process, ensure that they have been completed as per the agreement. Check that necessary invoices, receipts, or certificates of completion are provided for these items.
7. Test appliances and utilities: Test all appliances, electrical outlets, light switches, plumbing fixtures, and any other utilities to make sure they are in proper working order. This step will ensure that future homeowners do not encounter any unexpected issues upon moving in.
8. Discuss findings with the seller or their agent: If you identify any deficiencies or concerns during the walk-through, communicate them to the seller or their agent promptly. Discuss potential resolutions or requested repairs and ensure that they are properly addressed before the closing.

Who needs pre-closing walk-through checklist?

1. Buyers: It is essential for buyers to conduct a pre-closing walk-through to ensure that the property they are purchasing meets their expectations and is in the agreed-upon condition. This allows them to identify any issues or concerns before finalizing the purchase.
2. Sellers: Sellers can benefit from conducting a pre-closing walk-through to ensure that any agreed-upon repairs or modifications have been completed satisfactorily. It helps to avoid any potential conflict or surprises during the closing process.
3. Real estate agents: Real estate agents representing buyers or sellers should also be present during the walk-through to facilitate communication and address any questions or concerns that may arise. They can provide guidance and ensure that both parties are satisfied with the property's condition before closing.

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What is pre-closing walk-through checklist?

A pre-closing walk-through checklist is a list of items that need to be checked and confirmed before the final closing of a real estate transaction.

Who is required to file pre-closing walk-through checklist?

The buyer and seller, along with their respective real estate agents or brokers, are typically required to fill out and file the pre-closing walk-through checklist.

How to fill out pre-closing walk-through checklist?

To fill out a pre-closing walk-through checklist, both parties should physically inspect the property together and document any issues or discrepancies on the checklist.

What is the purpose of pre-closing walk-through checklist?

The purpose of the pre-closing walk-through checklist is to ensure that the property is in the same condition as when the offer was made, and to address any issues before the final closing.

What information must be reported on pre-closing walk-through checklist?

The pre-closing walk-through checklist typically includes information on the condition of appliances, fixtures, utilities, and any repairs or maintenance needed.