Selling your home in Seattle is an exciting journey, and you’re now approaching the final steps of the process. One crucial step before closing the deal is the final walkthrough. In this blog post, we’ll explain what the final walkthrough is, why it’s important, and what you need to do to ensure a successful final walkthrough.
What Is a Final Walkthrough?
The final walkthrough is a critical part of the home-selling process. It typically takes place a day or two before the closing of the sale. During this walkthrough, the buyer, accompanied by their real estate agent, visits the property to ensure that everything is as agreed upon in the purchase agreement. It’s the buyer’s opportunity to verify that the property is in the condition they expect it to be in.
Why Is the Final Walkthrough Important?
The final walkthrough serves several important purposes:
Property Condition Check: The buyer can ensure that the property is in the same condition as when they made the offer and that any agreed-upon repairs or improvements have been completed.
Verification of Fixtures: The buyer can check that all fixtures, appliances, and systems are in working order. This includes items like faucets, light fixtures, heating, and cooling systems.
Utilities: The buyer can confirm that all utilities are in working order and have been transferred into their name.
Unwanted Items: It’s an opportunity for the buyer to make sure that no unwanted items or debris have been left behind by the seller.
Documentation: Any documentation, such as manuals for appliances or systems, should be provided to the buyer during the final walkthrough.
What You Should Do as the Seller:
As the seller, there are several things you should do to prepare for a successful final walkthrough:
1. Complete Agreed-upon Repairs:
Ensure that any repairs or improvements you agreed to make are completed before the final walkthrough.
2. Clean the Property:
The property should be clean and free of personal belongings. Remove any items you no longer want to convey with the sale.
3. Provide Documentation:
Have all relevant documentation, including manuals for appliances and systems, organized and ready for the buyer.
4. Utilities and Systems:
Make sure all utilities and systems are turned on and in working order.
5. Be Prepared for Questions:
Be prepared to answer any questions the buyer may have during the walkthrough.
What to Expect During the Final Walkthrough
During the final walkthrough, the buyer may be accompanied by their real estate agent or inspector. They will carefully inspect the property to ensure that everything is as agreed upon in the purchase agreement. If any issues are identified, they may request remedies or repairs.
Common Issues That May Arise:
Repairs Not Completed: If agreed-upon repairs have not been completed or are not up to the buyer’s satisfaction, they may request that you address them before closing.
Items Left Behind: If personal items or debris are left behind, you’ll need to remove them promptly.
Appliances or Systems Not Working: If any appliances or systems are not functioning correctly, the buyer may request repairs or concessions.
Resolving Issues:
It’s essential to work with your real estate agent to address any issues that arise during the final walkthrough promptly. Your agent can help negotiate solutions with the buyer’s agent to ensure a successful closing.
In Conclusion:
The final walkthrough is a crucial step in the home-selling process in Seattle. By preparing your property, providing necessary documentation, and addressing any issues that arise during the walkthrough, you can help ensure a smooth and successful closing. Open communication with your real estate agent and cooperation with the buyer will contribute to a positive experience for both parties. With the final walkthrough completed, you’ll be one step closer to finalizing the sale of your home in Seattle.
