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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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What is the world's longest frontier?
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At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world. |
 See More Real Estate Trivia > |
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Darryl Cherniss
Cherniss Group
Keller Williams Realty
439 N. Canon Drive, Penthouse
Beverly Hills, CA 90210
Direct: 877-229-0094
Fax: 310-432-6401
Mobile: 310-614-6106
AIM/Skype: ChernissGroup
Email: info@chernissgroup.com
Not all agents are created equal. You will see difference and results with my experience combined with my talented team of agents at the Cherniss Group. We strive in service and professionalism. We look forward to working with you.   
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