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Closing or Settlement >Handle Needed Repairs Early
There is a standard chain of events that occurs when an offer comes in on a home. After a meeting of the minds, the buyer often brings in a home inspector who may find a few items that need to be repaired. The real estate agent gives the homeowner a list of the requested repairs. What comes next?
In most transactions, the seller will take care of the repairs. Many sellers wait until the week before the closing to call someone to do the work, because they want to be sure that they are going to make it to the closing table before they spend money on repair work. If you are responsible for making repairs to a home you are selling, make sure you have the work done well in advance of the closing date by licensed professionals who will stand behind their work. If the work is done at the last minute and is incomplete or unsatisfactory, it could cause complications at the closing. You should provide the buyers with all the receipts and the names of the persons to contact in case there is a problem with the repairs.
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| Q |
Exactly how many islands are included in the group called the 1000 Islands?
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| A |
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State. |
See More Real Estate Trivia > |
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Bill Cullin Long & Foster Real Estate Inc 37156 Rehoboth Avenue Ext Suite 5 Rehoboth Beach, DE 19971 302-841-7147 Fax: 302-227-8165 bill.cullin@longandfoster.com
I am a full time, full service real estate agent who will help take care of all aspects of your Buying or Selling processes.I have been the top agent in my sales office for three consecutive years. Put my experience and track record to work for you. 
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