Definition
A final inspection of the property before closing to ensure agreed-upon repairs were completed and nothing else broke. Your last chance to catch the seller's damage before you own the disaster.
Example Usage
During the walk-through, we discovered the seller hadn't actually fixed the roof as promised.
Origin
Standard real estate transaction practice
Fun Fact
Walk-throughs often happen 24 hours before closing and can delay closing if problems are discovered
Source: Real estate transaction best practices
Related Terms
Translate This Term
See “Walk-Through” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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