Home Sellers Guide - The Walk Through
 
Buyer's Final Inspection

The purpose of the walk-through inspection prior to settlement is to determine if conditions in the contract are satisfied. The time for the buyer to inspect and note defects for correction by the seller is during the contract negotiation and prior to signing the sales agreement. Repair or replacement items should be noted in the contract. Most resale homes are sold in "as is" condition, however, mechanical, electrical and plumbing items should be in working condition. 

It is up to the buyer to perform the inspection, not the seller who may or may not be present. The buyer should be accompanied by the selling broker and/or the listing broker. The home seller should be sure utilities are on so that equipment can be operated. 

Room by Room

Expect the buyer to try all lights and switches; turn all faucets on and off, run shower, flush toilets; turn on furnace and CAC (in off-season buyer may hire professional to certify proper function); test all stove burners, oven at bake and broil; run some ice cubes through disposal to test blades; run dishwasher, washer, and dryer through complete cycle; and open and close all windows and doors. In short, to try everything, even keys and fireplace flue. 

All deficiencies should be noted. If seller does not correct problems prior to settlement, funds may be withheld by settlement attorney for repairs. The selling broker will coordinate with listing broker and seller to make repairs before settlement, if possible, Upon receipt of bills and notification that repairs are complete, attorney will release balance of funds to seller, if money is escrowed for needed repairs. 

Next - Settlement


Home - Buyer Info - Seller Info - Our Listings - Home Search
New Homes Center - Our Team - Education - Area Links - Contact Us


For information on Maryland Real Estate please contact us at:
Phone: 410-531-1982   -- 
    E-Mail: info@nashrealtypros.com

Nash Realty Pros - www.RandallNash.com
© 2000 by Randall Nash - All Rights Reserved
Web site created, hosted and maintained by Lee Yeaton
Best Viewed at 800x600