Pre-closing Walk Through Inspection of Property - South Broward Board of Realtors

The Pre-closing Walk Through Inspection of Property is conducted by the South Broward Board of Realtors to ensure that the property is in the same condition as when the buyer made the offer. It allows the buyer to identify any issues or damages that may have occurred since the purchase agreement was signed.

FAQ

Q: What is a pre-closing walk through inspection?
A: A pre-closing walk through inspection is an inspection conducted by the buyer before the closing of a real estate transaction to ensure the property is in the expected condition.

Q: Why is a pre-closing walk through inspection important?
A: A pre-closing walk through inspection is important as it allows the buyer to identify any issues or damages that may have occurred since the last visit and ensures that the property meets the agreed-upon terms of the sale.

Q: Who typically conducts the pre-closing walk through inspection?
A: The buyer, along with their agent or a representative, typically conducts the pre-closing walk through inspection.

Q: What should I look for during the pre-closing walk through inspection?
A: During the pre-closing walk through inspection, you should look for any visible damage, ensure that all agreed-upon repairs have been completed, and verify that fixtures and appliances are in working condition.

Q: What happens if issues are found during the pre-closing walk through inspection?
A: If issues are found during the pre-closing walk through inspection, the buyer can request repairs, compensation, or negotiate for a price reduction, depending on the terms of the agreement.

Q: Is the pre-closing walk through inspection mandatory?
A: While not mandatory, a pre-closing walk through inspection is highly recommended to protect the buyer's interests and ensure a smooth closing process.