What should a buyer complete to ensure a property wasn't damaged before closing?

A pre-closing inspection is a crucial step in the home-buying process, as it serves to verify that the property is in the same condition as it was when the buyer made their offer. This inspection allows buyers to check for any damages or issues that may have arisen since the last viewing or even since the purchase agreement was made. Typically conducted shortly before the closing date, this inspection provides a final opportunity to identify any problems that need to be addressed before the buyer takes ownership.

In contrast, a home appraisal primarily assesses the property's market value for lending purposes, rather than its current condition. A final walkthrough is similar to a pre-closing inspection, but it often focuses on confirming that agreed-upon repairs have been completed. While a property survey identifies boundaries and easements of the property, it does not assess the condition of the home itself. Therefore, the pre-closing inspection is the most effective means for buyers to ensure the property has not sustained any damage prior to closing.