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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 
What is arguably the world's strangest (and most dysfunctional) kitchen?

A 
In 1998 the Kemper Museum of Contemporary Art in Kansas City first displayed a kitchen made entirely of 40 million colored glass beads by artist Liza Lou of Topanga, California.
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Tabatha Davis, REALTORŪ, real estate agent and broker for Russellville, Atkins and Dardanelle, Arkansas home listings, property and land for sale - NUMBER1EXPERT

Tabatha Davis
RE/MAX First
2608 East Parkway
Russellville, AR 72802
CELL: 479-747-2466
Fax: 479-967-0033
TabathaDavis@NUMBER1EXPERT.com

AS A TESTAMENT OF THE QUALITY OF OUR SERVICE, THIS YEAR THE TABATHA DAVIS TEAM ACCEPTED THE AWARD FOR THE #1 RE/MAX TEAM IN THE STATE OF ARKANSAS. THANK YOU FOR LETTING US PROVIDE ALL OF YOUR PROPERTY NEEDS.

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