Final Walkthrough is the buyer''s last property inspection before closing, typically 24-72 hours pre-close, to verify property condition matches contract terms and any negotiated repairs are complete. Standard purchase contract right, not a lender-imposed requirement. For investor purchases of as-is or REO properties, the walkthrough still applies — discovered defects can trigger contract amendments, escrow holdbacks, or in extreme cases pull the file back to underwriting for rate or LTV adjustment.
Closing Stage