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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 
Where is the world's largest dome?

A 
The Louisiana Superdome, with a diameter of 680 feet, is located in New Orleans, Louisiana.
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Team Firnstahl, REALTOR®, real estate agents and broker for Twin Cities, Andover and Anoka Minnesota home listings, property and land for sale - NUMBER1EXPERT(tm)

Jeff & Koreen Firnstahl
Team Firnstahl Real Estate Services

13750 Crosstown Dr. NW, Ste. 100
Andover, MN. 55304
Front Desk: 763-587-7200
Fax: 763-587-7210
Email: teamfirnstahl@NUMBER1EXPERT.com

With 53 combined years of solid experience in real estate, Jeff & Koreen's dedication is complete. They are determined to make your home transaction both satisfying and successful.

Equal HousingMLSREALTOR


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