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Renegotiation & Walk-Thru

The final step of the home inspection process is to use the information about needed repairs and renovations to determine the true cost of the home. The only way you will be able to compare the home you are considering for purchase to a similar home in good or excellent condition is to know the cost for restoring the home to prime condition. This information can also be used to renegotiate the purchase price of the home or request needed repairs or modifications.

Most buyers choose to request and perform a final walk-thru just before closing to review the property's condition. Based on what they saw from their visual inspection during a showing, supplemented by the information in the home inspection report, their goal is to determine if the property is in the condition they expected it to be. The final walk-thru is also the time to determine the status of any agreed-upon repairs or modifications. Depending upon the nature of the repairs, it may be necessary to ask the home inspector to attend the final walk-thru. Most Purchase and Sale Agreements require the property to be "broom clean" and all trash and residue removed from the premises.