The time for the buyer to inspect and note defects for correction by the seller is during the contract negotiation and prior to signing the sales agreement. The purpose of the walk-through inspection prior to settlement is to determine if conditions in the contract are satisfied.
It is up to the buyer to perform the final walk-through inspection, and you may or may not be present. The buyer should be accompanied by the selling broker and possibly the listing broker. You should make sure utilities are on so that equipment can be operated.
During the inspection, expect the buyer to:
Try all lights and switches.
Turn all faucets on and off.
Run showers and flush toilets.
Turn on the furnace and central air conditioning. In the off-season, the buyer may hire a professional to certify proper functionality.
Test all stove burners.
Turn on the oven at bake and broil.
Run some ice cubes through disposal to test the blades.
Run the dishwasher, washer, and dryer through complete cycles.
Open and close all windows and doors.
In short, the buyer should try everything, including the keys and the fireplace flue.
All deficiencies will be noted. If money is escrowed for needed repairs, the settlement attorney will release the balance of funds to you once all repairs are complete. If you do not correct problems prior to settlement, funds may be withheld by the attorney for repairs.
You should make plans to clean, remove trash, and vacate the house the day before settlement, or in any case, not later than settlement day.
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