Congrats!!!
A couple days before the closing you will need to contact the listing agent and set up the final walk-through.
Typically, the best time to do this is right before the closing. So if the closing is at 10am, set it up for 9:30am and then drive over to the title company.
At the final walk-through you make sure the seller has cleaned out the property and everything looks good. Flush some toilets, open and close a few windows, etc. Here are some examples of situations I’ve run into:
The seller took the refrigerator and replaced it with a low quality one. At the closing table, the seller had to give the buyer a credit of $5000.
The seller left the property SUPER dirty and had to credit the buyer $250 to clean it up.
The seller took an expensive light fixture. The closing was delayed until the next day after the seller reinstalled the fixture and my clients had a second walkthrough.
CAUTION!
I once told a client that I would do the final walk-through for them as they were out of town. I thought everything looked great. Two days later my clients moved in and there was a huge stain on the carpet. They blamed me and I ended up having to buy them a new carpet for $900!
The moral of the story is don’t do a final walk-through without your client present and make sure to have a keen eye for anything that looks odd. This is the last opportunity to negotiate at the closing table.
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