What is the purpose of a walk-through?

The purpose of a walk-through is to inspect the property before closing. This critical step occurs shortly before the buyer officially takes ownership of the property, allowing them to verify that the condition of the home is satisfactory and that any agreed-upon repairs have been completed.

During the walk-through, the buyer typically examines the property for any damages or discrepancies compared to what was initially agreed upon in the purchase contract. It's also an opportunity to ensure that all personal property that was included in the sale, such as appliances or fixtures, is still present. This process is vital for providing the buyer with peace of mind prior to finalizing the transaction and helps identify any last-minute issues that may need to be addressed before closing.

Other options, such as signing the final contract, evaluating property taxes, or obtaining a loan, do not relate to the walk-through's primary function. The walk-through is specifically designed for assessing the property itself rather than completing paperwork or financial tasks.