What is the primary purpose of a walk-through inspection before closing?

The primary purpose of a walk-through inspection before closing is to confirm that the property is in the same condition as it was at the time the offer was made. This inspection allows the buyer to ensure that no significant changes or damages have occurred since their last visit or since the contract was signed. It serves as a final opportunity for the buyer to check that all agreed-upon repairs have been completed and that the property is ready for transfer.

Additionally, during this inspection, buyers can verify that all systems are functioning correctly and that any items included in the sale, such as appliances, remain in the property. This step is crucial to ensure that the buyer is satisfied with the overall condition of the home before the financial transaction is finalized.

While identifying new repairs or ensuring appliances are included are important aspects of a real estate transaction, they fall under the broader scope of confirming the property's overall condition. Determining fair market value is typically handled during the appraisal process and is not a focus of the walk-through. Thus, confirming the property's condition at the time of closing is the most accurate representation of the main objective of this inspection.