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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.
The McDonald Team RE/MAX of Higgins Lake 4544 West Marl Lake Road Roscommon, MI 48653 Toll Free: 800-944-3559 Office: 989-821-6208 Fax: 989-821-8736 Email: dennisanddale@NUMBER1EXPERT.com
Experience, knowledge and integrity are the foundation of our business.
Dale McDonald, Dennis McDonald, Jeri Ann Janisse and Sandy Meyer, working as a team, are committed to assuring that every client receives the attention they deserve. With more than 25 years of experience in the Higgins Lake, Houghton Lake and Roscommon real estate market, we have a wealth of knowledge that is unmatched in our area. Customers and clients can depend on us for honest, accurate information about our community and competent advice in buying or selling real estate. Dale and Dennis have owned Re/Max of Higgins Lake since its inception and take great pride in the many referrals received from past customers and clients.
Call or e-mail us today. We look forward to hearing from you.
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