Final walk-through
The buyer's last look at the property shortly before closing to confirm it is in the agreed condition, repairs were done and included items are still there.
Also called: walkthrough, walk-through, final walkthrough
Related terms
The final step of a sale, when documents are signed, money changes hands, the deed is recorded and the buyer gets ownership. In some states everyone signs at a table; in others signing and funding happen separately.
A written list from the buyer, after inspection, asking the seller to fix items, give a credit or lower the price. The seller can agree, refuse or counter.
When the buyer gets the keys and the right to occupy the home. It is often at closing or funding, but the contract can set a later date.
The date set in the contract for the sale to close. It can move only if both sides sign an amendment.