"Paul and I wanted you both to know what great..." "Since this was the
first home that Paul and I have ever purchased,we were nervous as I am sure you can both imagine." "K. Lynn Thompson"
In most real estate transactions there are a few responsibilities that the sellers need to handle before the closing, such as repairs and termite extermination. The deadline for completing these obligations usually coincides with the actual closing. Many sellers barely make that deadline. Those who wait until the last minute to handle these matters may miss the deadline altogether or pay high rates in order to get a plumber, roofer or electrician on an emergency basis.
Your buyers will probably get a structural inspection done after the contract is ratified. Within 10 days of the contract's acceptance by all parties, the pest inspection should be scheduled. Even though sellers usually know well in advance what is needed, they sometimes put things off until the buyers have finalized the loan approval process. Since these repairs will have to be made anyway, it is a good idea to get them done promptly.
Libby Churchill Team Christensen Realty USA 712 James Street Clayton, NY 13624 Office - 315-686-4000 Direct Line: 315-783-7021 Fax: 315-686-3464 Libby@ChurchillTeam.com
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