June 27, 2009

WORD: Walk-thru

And the WORD for Today is:

Walk-thru - is not by any stretch of the imagination an inspection. Unfortunately, many consumers who build a new construction home believe that the walk-thru with the building supervisor just before closing is, in fact, an inspection. IT IS NOT!! This is not the consumer’s fault since the building trade has done an excellent job at teaching the public that a walk-thru is all you need on a newly built home. See Trickeration. So now that you know what a walk-thru is NOT, what is it? A walk-thru is usually scheduled by the builder as an appointment with a company representative and you, the new buyer(s). This is their opportunity to showcase the “pretty” in your new home. You will see how to turn on all the gadgets and gizmos and marvel at the extras you added. As far as the functioning of your new home (the most important part) you will probably be shown how to run the dishwasher and tilt out the windows and push the buttons on the built-in microwave. If you are blessed to have a Jacuzzi then of course you’ll be shown how to work that as well. The walk-thru is really a last sales pitch by the builder so you will convince more of your family and friends to make the same leap of faith that you are completing. You WILL NOT during a walk-thru see or discuss the quality of workmanship on the roof or in the attic or crawl space, you will NOT know whether all the plumbing is connected correctly, you will NOT cover 55 mechanical and/or structural items which would be covered with an independent home inspection.

Copyright © 2008, Home Ownership Matters, LLC. All Rights Reserved.

You can find more helpful definitions of WORDS like these in Your Real Estate Advisor which can be purchased at www.DovePublishingHouse.com.

(Please E-mail Heather at homeownershipmatters@gmail.com with any questions, comments or concerns you might have! We appreciate all comments and feedback, so please don't be shy.)

No comments:

Post a Comment