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Real Estate Tips
Closing or Settlement >Real Estate Repairs

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.

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Real Estate Trivia
Q 
In what 2003 comedy does a very large family move to a new house on Forest Avenue in Evenston, Illinois?

A 
"Cheaper by the Dozen", starring Steve Martin, was actually filmed in a house in Los Angeles near the Farmer's Market.
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Libby Churchill Team, REALTOR®, real estate agent and broker for Thousand Islands, Lake Ontario Region and Fort Drum, New York home listings, property and land for sale - NUMBER1EXPERT

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

The Libby Churchill Team adheres to a Standard of Excellence that guides our customer service throughout every transaction. We strive to ensure that every sale is handled with the utmost professionalism and class. The service and information that we provide to our clients and customers is prompt, accurate and thorough.

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