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Purchasing Real Estate? Things to Look for During a Final Walk-Through

Friday, December 23, 2022   /   by Marketing Manager

Purchasing Real Estate? Things to Look for During a Final Walk-Through




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When buying a house to live in or to rent out, there are a few things you should check for during the final walk-through.
As a real estate agent and investor, I've observed some sellers' tricks. I'll share my perspective on what to look for during a final walk-through with you in this article.
What to Consider When Conducting a Walk-Through When Buying a Property
I have a fiduciary duty to my buyer as a realtor. I have to monitor the transaction with my eyes and ears. I also need to comprehend the seller's objectives. Although navigating this can be challenging, the realtor's task is completed as long as the client's best interests are protected.


Let's talk about what a buyer should check for during a final walk-through. I have specifically taken note of seven things. These are not listed in priority order. However, all items can determine the likelihood of whether an acquisition will be disastrous or profitable.

Infestations

Bed bugs, termites, or even harmful ants can all be considered infestations. Going to your neighborhood home improvement store can be all that is required to get rid of an infestation. In the worst-case scenario, however, thousands of dollars could be spent on the solution. I strongly advise being proactive and scheduling an inspection.
I've been caught off guard when walking a potential flip and finding the house to be a beehive. The size of the bee colony and hive, which covered the entire inner wall, is not accurately depicted in the image below.


Water harm

Being aware of water damage can help you avoid spending thousands. Looking in potential water-damaged areas is crucial, especially if there are signs of an old roof.
Look for any signs of water on the ceilings. The area around the water heater and under sinks should also be thoroughly inspected.
I advise checking for moisture around baseboards and along water lines on dry wall or block walls in areas where homes have basements.

Electrical and plumbing


The most important parts to check may be the plumbing and electrical systems. It's crucial to use a qualified home inspector and have a contractor examine the systems. Cast iron piping needs to be replaced in older homes in order for the plumbing to function properly.
Electrical knob and tube or buss fuses are another issue in older homes. An electrical upgrade or rewiring will cost thousands of dollars, which can quickly exceed a rehab budget.



For the above reasons, these items need to be evaluated prior to purchasing a property. But there are many more items, such as roofing, foundation, and other structural issues, that are critical to check, as well. For that reason, my suggestion to my clients is always to have a professional home inspection done.



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Please Visit: www.GoodDealBuyerPlan.com We will help you with all of your real estate needs! Just call me and Dial 760-951-9050


GOOD DEAL REALTY DRE# 01524222

12402 Industrial Blvd Ste. A-2

Victorville, CA. 92395

Phone: 760-951-9050

Fax: 760-951-9121

 

 


  home, real estate, home buying process, buying new home, home inspection

Good Deal Realty, Inc
Ken Parker
12402 Industrial Blvd. Ste A-2
Victorville, CA 92395
760-951-9050
DRE# CalBRE# 1524222

Based on information from California Regional Multiple Listing Service, Inc. as of February 7, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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