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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 are considered the ideal conditions for a buyer's market?
A	In a buyer's market, there are more houses for sale than buyers, homes take longer to sell, and sellers may have to cut prices.
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Richard and Debra Moon, REALTORŽ, real estate agents and broker for Lawrenceville, Snellville, Grayson and Loganville Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Richard and Debra Moon
Virtual Properties Realty
6650 Sugarloaf Parkway
Suite 700
Duluth, GA 30097
Direct: 770-466-7797
Fax: 1-866-596-8421
Richard: Ext. 111
Debra: Ext. 112
Toll Free: 1-866-596-8421
Email: info@richardmoonrealestate.com
"Simply the Best, From Our Family To Yours, Since 1979" Providing a superior level of informed, professional real estate services to buyers and sellers in the greater Northeast Atlanta area for over 29 years. We specialize in representing our clients in the purchases and sales of single-family residences and income property within the cities of Lawrenceville, Snellville, Dacula, Lilburn, Duluth, Loganville, Monroe, Auburn, and Winder, (including the Counties of Gwinnett, Barrow, and Walton). We keep current of all transactions in these areas, and we're also very knowledgeable with the local schools.This is a family affair, a full time husband and wife team. Let our Top Producing Team demonstrate our excellence to you. Enjoy the journey of the American Dream - owning your own home. Call or e-mail today for more information.

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