The walkthrough is another protection for Arizona home buyers provided in the “Residential Resale Real Estate Purchase Contract” created by the Arizona Association of Realtors.
The walkthrough is done to verify that the home is in substantially the same condition as the day the contract was accepted. It is usually done by the buyer a day or two before the close of escrow.
The walkthrough is needed because from time to time something will break in a home after the inspections have been completed. This is the buyer’s opportunity to catch any new problems that may have developed.
Perhaps more importantly, the buyer will use the walkthrough to verify whether the seller has completed any repairs the seller may have agreed (in writing) to make.
If New Damage Found or Repairs Not Completed
If during the walkthrough, you find some new damage or you find the seller has not completed any agreed upon repairs, then things can get very interesting because the home is typically scheduled to close the next day!
Your real estate agent will advise you on ways to try to resolve such problems to your satisfaction.
Call me if you have any questions about ways to solve these problems when they arise.
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