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For Sellers and for Buyers: TWO COMPLIMENTARY HOURS of decorating advice and assistance from a professional decorator!
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|  | | | Kelly's First Book Published July, 2005 !! Get your FREE Copy! | |
|  | | | Kelly's 14-ft. Moving Van Is a Popular Sight Around Town | |
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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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| Q |
What information does nearly every state in America require the seller of a home to reveal to the buyer?
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| A |
Most states require disclosure of any existing problems or conditions that could affect the value of the house. |
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 Call Kelly today
at
1-800-567-2279 OR
919-859-8889
for your FREE copy
of "What You
Need to Know 6-12 Months
Before Selling
Your Home!"
 Call Kelly direct
at
919-818-3450 for
your FREE copy of
an invaluable 34-page book,
"Homebuyer's Toolkit, Ten Steps to Choosing and Purchasing Your Home."
Jodi Bakst, Realtor
Jodi is a realtor and friend who specializes in Chapel Hill, Durham and Raleigh Real Estate
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