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Final Walk-through Tips

by Glenda Daughety & Team

Once you have found the home of your dreams, the next step is to begin finalizing the deal. This includes getting a loan and finding an escrow closing date.  Once that date is set, it’s important to take a final walk-through at least 24 hours before the closing. Sometimes, this can even be scheduled a week before the closing. This is to ensure the property’s condition has remained the same since you last visited and check that the terms in the contract have been met. It’s the final step you should take before going into the closing day.

While going into the final inspection, bring a copy of your contract and the seller’s property condition disclosure. Check that any items you flagged during the original inspection to make sure they have been dealt with appropriately. Turn on appliances, lights, and faucets to ensure sure they work properly. Here is a check list of things to go through:

  • Examine the exterior of the home
  • Turn on and off all light fixtures
  • Flush toilets
  • Turn on and off heat and air conditioning
  • Open and close any window and door
  • Check the ceilings, walls, an floors
  • Turn garbage disposal on and off
  • Look for unwanted trash or items
  • Check the yard
  • Check to make sure the electrical outlets work
  • Run any faucets and check for leaks

If you do find a problem during this inspection, it is up to you to decide if this is a problem worth disrupting the closing. Often times, if it is a small enough problem, that would be easy for you to solve yourself, it is best to go forward with the settlement. However, if the problem could lead to something worse, it is best to have your agent contact the seller’s agent and find a solution to the problem. Your realtor will help you decide if the problem is worth delaying the closing or if it is worth just resolving on your own.

Don’t skip this final inspection of the home before the closing. A last, one minute inspection is a good investment and a great way to help prevent you from spending the first weeks in your home working on unexpected repairs. If it is possible, take this final inspection with the previous homeowners. If you get this opportunity ask them what improvements have they wanted to do on the home, but never got around to.

Truths and Myths of Credit Scores

by Glenda Daughety & Team

Credit scores may be one of the biggest myth-laden things out there. We all want to have the best credit possible because we all would like to use our credit in the best manner for our lives. But what is myth and what is truth? Here are 10 of the myths and truths for credit scores revealed.

  • Paying my debts will make my credit report instantly pristine: Paying your bills now is great! But credit scores are as much about the past as they are about the present. So if your past is checkered so too is your credit score.
  • Canceling credit cards boosts my score: Improving your score isn't just about eliminating debt; it's also about managing debt. If you can't handle a credit card or two why should your credit score be high?
  • I don't need to check my credit report if I pay my bills on time: Your credit score may have inaccuracies, fraud, or other glaring errors. You will never know what's on your credit score until you look.
  • Checking my own credit report harms my standing: You have as much right to view your credit score as anyone. You should be able to check periodically just to be sure you're not being taken advantage of.
  • The three credit reports and credit scores from the three credit bureaus will be the same: Experian, TransUnion and Equifax are your three credit reporting agencies and much of their information is similar. But not all.
  • Credit reports aren’t always accurate: Credit reports aren't always accurate. But until you check and correct these inaccuracies, they are what's right in the eyes of lenders.
  • Paying cash for everything can help a credit rating: You need to be able to handle debt in order to have good credit. Paying with cash may work for some things but you should also have a line of credit to show you're responsible.
  • I can always pay someone to fix or repair my credit: You can work with credit counseling agencies and they can guide you, but your credit is your own doing. You are ultimately responsible.
  • Good credit is tied to how much money a consumer has in the bank: Money is a good metric of credit-worthiness. But it's not the only thing.
  • Too many credit cards are bad for your scores: Everything in moderation. Credit scores can be harmed from unwieldy debt, handled poorly.

Displaying blog entries 1-2 of 2

Contact Information

Photo of Glenda Daughety Real Estate
Glenda Daughety
RE/MAX First
4750 Sherwood Common Blvd
Baton Rouge LA 70816
225-205-2672
225-291-1234
Fax: 225-612-6422

 

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Glenda Daughety & Team
RE/MAX First
Office: 225-291-1234
Cell: 225-205-2672
4750 Sherwood Common Blvd
Baton Rouge, LA 70816
Each Office Independently Owned and Operated
Licensed Realtor in the State of Louisiana by the Louisiana Real Estate Commission


Glenda Daughety, Team Leader

Michelle Copeland, Buyer Specialist

Ashley Daughety, Buyer Specialist / Stager Decorator

 

 

 

 

 

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Office: 225-291-1234
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