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This document outlines the final walk-through process for buyers, detailing property condition agreements and liability waivers for 2023.
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How to fill out final walk-through
How to fill out final walk-through
01
Schedule the final walk-through with all relevant parties, including the buyer, seller, and their agents.
02
Revisit the home after any agreed-upon repairs, ensuring they were completed to satisfaction.
03
Check that all appliances, fixtures, and systems are functioning properly.
04
Verify that the property is clean and free of personal belongings left by the seller.
05
Confirm that the condition of the property aligns with the terms of the purchase agreement.
06
Take notes of any discrepancies or issues that need to be addressed before closing.
07
Ensure that all agreed-upon terms are met and that you are satisfied with the property before completing the transaction.
Who needs final walk-through?
01
Homebuyers who are purchasing a property.
02
Sellers who want to ensure they have met all obligations.
03
Real estate agents representing either the buyer or seller.
04
Lenders or mortgage representatives who have an interest in the property condition.
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What is final walk-through?
A final walk-through is a thorough inspection of a property conducted by the buyer shortly before closing, allowing them to ensure that the property is in the agreed-upon condition.
Who is required to file final walk-through?
Typically, the buyer is responsible for conducting and filing the final walk-through, although the seller may also be involved.
How to fill out final walk-through?
To fill out a final walk-through, the buyer should inspect the property for any agreed-upon repairs, confirm that appliances are functioning, and document any issues to discuss with the seller.
What is the purpose of final walk-through?
The purpose of a final walk-through is to ensure that the property is in good condition, that any negotiated repairs have been made, and to confirm what was agreed upon in the sale contract before the closing date.
What information must be reported on final walk-through?
Information that must be reported includes the condition of the property, any discrepancies from the purchase agreement, the status of repairs, and the functionality of appliances and systems.
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