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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 classic 1932 movie scene was filmed between 923 and 935 Vendome Street in the Silver Lake district of Los Angeles?

A 
Laurel and Hardy tried to lug a heavy piano up a really long outdoor stairway in "The Music Box."
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Nancy Gibson, REALTOR®, real estate agent and broker for Northbrook, Glenview and North Shore, Illinois home listings, property and land for sale - NUMBER1EXPERT

Nancy Gibson
Coldwell Banker

1330 Shermer Rd
Northbrook, IL 60062
847-753-6239
Nancy@Number1Nancy.com

Nancy Gibson is the top realtor in Northbrook, Illinois and specializes in real estate, homes and property for sale in the North Shore and the surrounding areas of Northbrook, Glenview, Deerfield, Wilmette, Winnetka, Deerfield, Lincolnsire, Riverwoods, and Winnetka. Whether you are buying or selling real estate in Northbrook, Illinois or on the North Shore, let Nancy Gibson be your realtor.

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