Contracts
In New Mexico, a 'walk-through inspection' immediately before closing is intended to:
AReplace the home inspection
BConfirm the property is in the agreed condition, agreed repairs were made, and no new damage occurred✓ Correct
CAllow the buyer to renegotiate the price one last time
DSatisfy the lender's appraisal requirement
Explanation
A final walk-through (typically 24–48 hours before closing) allows the buyer to verify the property is in the contracted condition, agreed repairs have been completed, seller has vacated, and no new damage occurred.
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