The Final Inspection Walk Through with Your Builder. Before you go to settlement on a new home, you and your builder will âwalk throughâ the house to conduct a final inspection. The walk-through provides an opportunity for you to learn how your new home works and to spot items that need to be corrected or adjusted. The operation of the houseâs components.
A special warranty deed, on the other hand, limits the seller's promise -- or warranty -- to title problems that come up while the seller owned the property, but gives no warranty for propblems prior to that point. For example, builders often give special warranty deeds.
General warranty deeds offer better protection for buyers than special warranty deeds. Warranty deeds are the best, highest buyer protection ownership transfer documents that exist. However, there are some dramatic differences between a general and special warranty deed. In an arm's length purchase and sale of residential property with a mortgage loan, a general warranty deed is usually the only accepted option.