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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 country of the world has the highest percentage of private housing?
A	Mongolia, where 100% of all properties are owner-occupied.
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Sheila J. Dodson, REALTOR®, real estate agent and broker for Salisbury, Wicomico County, and Eastern Shore Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Sheila Dodson
ERA Martin Associates
1000 East Main Street
Salisbury, MD 21804
Direct Line: 443-260-3848
Toll Free: 800-875-1083
Fax: 410-860-5013
Email: Sheila@SJDhomes.com
As for industry experience, you're in good hands. Experience in all facets of new construction, management, sales and marketing offers my clients a definite advantage. Active participation in the Coastal Association of Realtors provides an extensive professional network through which I can find the perfect home for your family or complete a sale with greater efficiency. Since 1987, my goal for the people I work with continues to be achieving profitable and favorable real estate results.

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