SCHEDULE A FINAL WALK-THROUGH
Prior to your closing, you will conduct a final walk-through of the property. The purpose of the final walk-through is to ensure the terms of the contract have been met. It is suggested to do this walk-though prior to the day of closing so sellers have time to complete anything found outstanding.
At the final walk-though:
Bring a copy of your contract and IRSA with you for reference.
Look to see that any repairs agreed to on the IRSA have been completed by the seller.
Confirm that the home is in the same condition it was when you made the offer. Remember that a home looks very different when it’s vacant and some imperfections that were previously behind furnishing may now be visible. This is normal and not considered in breach of contract.
Double check expensive items and major appliances are still working properly.
Confirm that the items that convey with the sale are still there and all unwanted items have been removed.
REVIEW YOUR SETTLEMENT STATEMENT
You will receive a HUD-1 (Housing and Urban Development) ALTA (American Land Title Association) statement from your title company three days prior to closing. This summary will break out the expenses pertaining to the sale. You want to check to make sure that all the numbers on the form are correct.