What Should You Expect During the Final Walkthrough When Selling Your Denver Home?
The final walkthrough is one of the last steps before closing on the sale of your Denver home. For buyers, it’s an opportunity to ensure the property is in the agreed-upon condition. For sellers, it’s your chance to tie up loose ends and ensure a smooth transition. The Linkow Baltimore Team, led by Aaron Linkow, explains what sellers need to know about the final walkthrough and how to prepare for it.
What Is the Final Walkthrough?
The final walkthrough occurs shortly before closing, typically 24 to 48 hours prior. During this step, the buyer inspects the property to confirm:
- Agreed-upon repairs have been completed.
- The home is in the same condition as when the offer was accepted.
- Personal belongings have been removed, and any items included in the sale (e.g., appliances) remain.
Why Is the Final Walkthrough Important?
The final walkthrough protects the buyer and ensures there are no surprises at closing. As a seller, a smooth walkthrough can prevent last-minute disputes or delays in the closing process.
How Sellers Should Prepare for the Final Walkthrough
1. Complete Repairs
If the buyer requested repairs as part of the contract, ensure they are completed before the walkthrough. Provide documentation, such as receipts or invoices, to show that the work has been done professionally.
2. Clean the Property
A clean home leaves a positive impression and shows respect for the buyer. Focus on:
- Removing personal belongings
- Vacuuming, mopping, and dusting
- Cleaning appliances and bathrooms
3. Test Systems and Fixtures
Buyers often test systems and fixtures during the walkthrough. Ensure the following are in working order:
- HVAC systems
- Plumbing (e.g., faucets, toilets, and drains)
- Electrical outlets, lights, and ceiling fans
- Appliances included in the sale
4. Remove Personal Items
All personal belongings should be removed from the property unless specified in the contract. If you plan to leave certain items (e.g., furniture or outdoor equipment), ensure they are included in the sale agreement.
5. Leave Behind Keys and Important Documents
Provide the buyer with:
- Keys, garage door openers, and security codes
- Manuals and warranties for appliances or systems
- Contact information for local utilities or service providers
Common Issues During the Final Walkthrough
While most walkthroughs proceed smoothly, potential issues include:
- Incomplete Repairs: If agreed-upon repairs haven’t been completed, the buyer may request additional concessions or delay closing.
- Damage During Move-Out: Damage caused during move-out (e.g., scratched floors or damaged walls) can result in buyer concerns.
- Items Left Behind: Unwanted items or trash left in the home can lead to disputes.
How to Address Issues
If problems arise during the walkthrough, be prepared to negotiate with the buyer. Solutions may include:
- Providing a credit at closing to address incomplete repairs.
- Agreeing to remove leftover items promptly.
- Covering the cost of minor damage.
The Role of Your Realtor in the Final Walkthrough
A skilled Realtor, like Aaron Linkow, plays a key role in ensuring the walkthrough goes smoothly. Here’s how the Linkow Baltimore Team helps:
- Pre-Walkthrough Preparation: We guide you through the steps to ensure your home is ready.
- Documentation: We help you provide proof of repairs and other agreements.
- Issue Resolution: If concerns arise, we negotiate on your behalf to keep the sale on track.
What Happens After the Final Walkthrough?
If the buyer is satisfied, the transaction proceeds to closing. At closing, you’ll sign the final paperwork, receive payment for the sale, and hand over the keys. If any issues arise during the walkthrough, they must be addressed before the buyer agrees to close.
Tips for a Successful Final Walkthrough
- Plan Ahead: Complete repairs, clean thoroughly, and remove all personal items well in advance.
- Double-Check Agreements: Review the sale agreement to ensure you’ve fulfilled all obligations.
- Communicate with Your Realtor: Stay in touch with your Realtor throughout the process for guidance and support.
Why Choose the Linkow Baltimore Team?
The Linkow Baltimore Team, led by Aaron Linkow, ensures that sellers are fully prepared for every step of the home-selling process, including the final walkthrough. With our expertise and attention to detail, we help you avoid surprises and achieve a smooth, stress-free closing.
Selling your Denver home? Contact the Linkow Baltimore Team today for expert guidance and support from listing to closing. Let us help you navigate the final walkthrough and complete your sale with confidence.