What is the primary purpose of a pre-closing inspection?

The primary purpose of a pre-closing inspection is to verify repairs and the condition of the property. This inspection typically occurs shortly before the transaction is finalized, allowing the buyer to ensure that any agreed-upon repairs have been completed satisfactorily and that the property is in the same condition as when they made the offer. It serves as a crucial opportunity for the buyer to identify any potential issues that may not have been addressed and to be reassured that they are making a sound investment.

This inspection helps protect the buyer's interests and ensures that they are fully informed about the property's condition right before closing. By confirming that repairs have been completed and that the property meets their expectations, the buyer can proceed with the transaction confidently.

The other options, such as finalizing the sale price, assessing property taxes, or meeting with the closing agent, do not align with the specific purpose of the pre-closing inspection, which focuses solely on verifying the property's condition.