Final Walkthrough Guide: What to Check Before Closing | RE: Real Estate Podcast

Keywords

real estate, final walkthrough, home buying, buyer tips, closing process, home inspection, real estate podcast, property condition, buyer's checklist, negotiation strategies

Summary

In this episode, Clint C. Galliano and Ben Harang discuss the importance of the final walkthrough in the home buying process. They cover what buyers should look for, the timing of the walkthrough, and how to handle any issues that arise. The conversation emphasizes the need for thoroughness and communication with real estate agents to ensure a smooth closing process.

Takeaways

· The final walkthrough is crucial for ensuring the home is in the agreed condition.

· Buyers should check for hidden damages that may not have been visible during previous visits.

· It's important to confirm that all negotiated items are still in the home.

· Timing of the final walkthrough can impact the ability to resolve issues before closing.

· Buyers should be proactive and thorough during the walkthrough process.

· If issues arise, buyers should consult their real estate agent for solutions.

· Negotiating credits or escrow funds can help resolve issues found during the walkthrough.

· The walkthrough should ideally be done when the home is vacant for better visibility.

· Buyers should bring their original contract and inspection report to the walkthrough.

· Communication and negotiation are key to a successful closing.

Sound bites

"What do you do? Let's talk about it."

"If items are missing, don't panic."

"What happens at the closing table?"

Chapters

00:00 Introduction to the Final Walkthrough

03:32 Understanding the Purpose of the Final Walkthrough

08:00 Timing and Best Practices for the Walkthrough

12:12 What to Check During the Final Walkthrough

16:24 Addressing Issues Found During the Walkthrough

Hosts

Ben Harang, REALTOR® La.

License #: 36589

Keller Williams Realty Bayou Partners

Mobile: 985.859.2500

Office: 985.262.4400

ben@benharang.com

benharang.com

Clint C. Galliano, REALTOR®

La. License #: 995704723

Keller Williams Realty Bayou Partners

Mobile: 985.647.4479

Office: 985.262.4400

clint.galliano@kw.com

clintcgallianorealtor.com

Produced by:

Clint Galliano

Music by:

Wiggins Studios

Click here to view the episode transcript.

Click here to watch a video of this episode.

Appraisals: Value, Process & The Market 2026 | RE: Real Estate Podcast | RE: Real Estate Podcast

Summary

In this episode of the RE Real Estate Podcast, hosts Clint C. Galliano and Ben Harang delve into the critical role of appraisals in real estate transactions. They discuss how appraisals serve as an unbiased professional opinion of a property's value, based on comparable sales in the area. The conversation highlights the distinction between appraisals and home inspections, emphasizing that appraisers focus on market value rather than the condition of appliances or minor defects. The hosts also provide insights into the appraisal process, including how appraisers select comparable properties and the factors that influence a home's appraised value.

The episode further explores the implications of appraisals for both buyers and sellers, stressing the importance of understanding market dynamics and being realistic about property values. Listeners are encouraged to prepare a 'brag sheet' for appraisers to ensure that all relevant updates and improvements are considered. Overall, the discussion aims to demystify the appraisal process and equip listeners with knowledge to navigate real estate transactions more effectively.

Keywords

real estate, appraisal process, home buying, property value, market dynamics, real estate podcast, Clint Galliano, Ben Harang, home inspection, seller tips

Takeaways

· The appraisal is an unbiased professional opinion of value.

· Appraisers focus on market value, not personal feelings.

· Prepare a brag sheet for appraisers to highlight updates.

Sound bites

"What is an appraisal and what it's not."

"It's strictly about the numbers."

"We can make your house the next one to sell."

Chapters

00:00 Introduction to Appraisals

01:55 What is an Appraisal?

05:19 The Appraisal Process Explained

08:17 Key Takeaways for Buyers and Sellers

09:52 Closing Thoughts and Resources

Hosts

Ben Harang, REALTOR® La.

License #: 36589

Keller Williams Realty Bayou Partners

Mobile: 985.859.2500

Office: 985.262.4400

ben@benharang.com

benharang.com

Clint C. Galliano, REALTOR®

La. License #: 995704723

Keller Williams Realty Bayou Partners

Mobile: 985.647.4479

Office: 985.262.4400

clint.galliano@kw.com

clintcgallianorealtor.com

Produced by:

Clint Galliano

Music by:

Wiggins Studios

Click here to view the episode transcript.

Click here to watch a video of this episode.

Louisiana Insurance Requirements 2026 | RE: Real Estate Podcast

Summary

In this episode of the RE Real Estate Podcast, hosts Clint C. Galliano and Ben Harang delve into the complexities of home insurance, emphasizing its critical role in protecting one of the largest investments most people will ever make. They clarify the distinction between required and optional insurance types, particularly focusing on homeowners insurance and flood insurance, which are often misunderstood by buyers. The discussion also touches on recent legislative changes in Louisiana that affect insurance policies, including the introduction of stated value policies, which can offer homeowners more flexibility and potentially lower costs.

The hosts provide practical advice on navigating the insurance landscape, including the importance of understanding deductibles, the necessity of flood insurance in certain areas, and the benefits of obtaining an owner's title policy. They also highlight the significance of wind mitigation surveys and fortified roofs in reducing insurance premiums. Overall, the episode serves as a comprehensive guide for prospective homeowners to ensure they are adequately covered without overpaying for insurance.

Keywords

home insurance, flood insurance, real estate podcast, homeowners insurance, insurance tips, Louisiana real estate, property investment, insurance policies, risk rating 2.0, stated value policy

Takeaways

· Buying a home is one of the biggest investments you'll ever make.

· Homeowners insurance is not a legal requirement, but lenders require it for financing.

· Flood insurance is mandatory in designated flood zones, as per federal regulations.

· The new stated value policy can lower insurance costs for homeowners.

· Wind mitigation surveys can help reduce insurance premiums.

Sound bites

"Homeowners insurance is not a legal requirement."

"The 2026 game changer is the stated value policy."

"I now strongly suggest that you buy owner's title insurance."

Chapters

00:00 Introduction to Home Insurance

02:46 Understanding Homeowners Insurance Requirements

09:40 The Stated Value Policy Explained

11:34 One-Time Purchase Insurance: Title Policies

17:35 Controlling Insurance Costs

24:11 Transferring Flood Policies

Hosts

Ben Harang, REALTOR® La.

License #: 36589

Keller Williams Realty Bayou Partners

Mobile: 985.859.2500

Office: 985.262.4400

ben@benharang.com

benharang.com

Clint C. Galliano, REALTOR®

La. License #: 995704723

Keller Williams Realty Bayou Partners

Mobile: 985.647.4479

Office: 985.262.4400

clint.galliano@kw.com

clintcgallianorealtor.com

Produced by:

Clint Galliano

Music by:

Wiggins Studios

Click here to view the episode transcript.

Click here to watch a video of this episode.