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What is a Walkthrough?

On Behalf of | Nov 30, 2022 | Real Estate

Shortly before closing, a buyer is allowed to conduct a walkthrough inspection to ensure that the property is in the same condition as it was at the time of the home inspection, that all agreed upon repairs were completed, that it is vacant, free of any debris, and in broom swept condition. The walkthrough is not meant to raise new issues. It is only meant to determine if there is any new damage to the property that was not present at the time of the inspection. If the property is not in satisfactory condition, the Seller may repair the defect, offer a credit to address the Buyers’ concern, or an escrow may be held. This process is negotiated by the attorneys on the day of closing.

At Petriello Law, we have years of experience addressing walkthrough issues for both Buyers and Sellers. Because we conduct our closings “in-house”, our office provides greater flexibility for the resolution of any walkthrough issues or any other last minute concerns as checks are not issued until we are at the closing table. We are happy to answer all your questions and concerns throughout the transaction, from contract review to the final walkthrough and closing.

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