Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Pay Attention to Details for Walk-Through before Closing

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Pay Attention to Details for Walk-Through before Closing

Article excerpt

On closing day, most home buyers are excited about the prospect of moving into their new home. One important final step must be accomplished before settlement: a walk-through. While plenty of buyers whip through each room with a glance, eager to unpack, real estate experts suggest they are better served by a slow and careful inspection.

"You should allow at least 30 minutes or longer for a house walk- through," says Irene Gianos, a broker with Weichert Realtors in Clinton, N.J. "You need to go through the house with a fine-tooth comb and be as detailed as a home inspector."

Ms. Gianos recommends doing the walk-through the day of the closing, perhaps two or three hours before the settlement, but Kristy Petrillo, owner of RE/MAX Town & Country in Blue Ridge, Ga., suggests scheduling the walk-through the day before settlement, if possible, to allow time to handle any issues that may arise.

Brandon Green, principal broker with The Brandon Green Team at Keller Williams Capital Properties in Washington, D.C., recommends a house walk-through approximately 24 hours in advance of the settlement and no more than 48 hours ahead.

"If a significant weather event has occurred between the last time you saw the house and settlement day, like a windstorm, heavy rain or a heavy snowfall, you should be sure to visit the home to check on the condition just before settlement," Mr. Green says. "Once you have signed your settlement papers, the seller has no obligation to fix anything anymore."

He suggests including your home inspector if you have concerns about the property condition.

"Don't be afraid to bring your home inspector back to your walk- through," Mr. Green says. "The charge for revisit is usually 25 [percent] to 50 percent of the original fee, which could be worth it if you want to make sure everything has been repaired to your satisfaction. …

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