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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
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Where is the world's largest art gallery?

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At the Winter Palace and Hermitage in St. Petersburg, Russia, visitors would have to walk 15 miles to see the 322 galleries which house almost 3 million works of art.
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Sam  Xavier, REALTOR®, real estate agent and broker for West Torrance, South Torrance and Lomita, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Sam Xavier - The Xavier REO Team
RE/MAX Execs South Bay

23740 Hawthorne Blvd, 2nd Floor
Torrance, CA 90505
Phone: 310-802-2456
Mobile: 310-866-7598
Fax: 310-378-2745
SamXavier@NUMBER1EXPERT.COM

$8000. tax credit is still available thorugh April 30, 2010. Please call Sam Xavier to schedule an initial consultation to help you find a South Bay house under market value today!

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