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Closing or Settlement >Handle Needed Repairs Early

There is a standard chain of events that occurs when an offer comes in on a home. After a meeting of the minds, the buyer often brings in a home inspector who may find a few items that need to be repaired. The real estate agent gives the homeowner a list of the requested repairs. What comes next?

In most transactions, the seller will take care of the repairs. Many sellers wait until the week before the closing to call someone to do the work, because they want to be sure that they are going to make it to the closing table before they spend money on repair work. If you are responsible for making repairs to a home you are selling, make sure you have the work done well in advance of the closing date by licensed professionals who will stand behind their work. If the work is done at the last minute and is incomplete or unsatisfactory, it could cause complications at the closing. You should provide the buyers with all the receipts and the names of the persons to contact in case there is a problem with the repairs.

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Q	What is the world's most valuable piece of furniture?
A	The 18th century Italian Badmiton Cabinet owned by the Duke of Beaufort sold in 1990 at Christie's, London for $15.1 million dollars.
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Team Patrick, REALTOR®, real estate agents and broker for Wilmington, Hockessin and New Castle County Delaware home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Patrick
Jan Patrick, Inc.
7234 Lancaster Pike
Hockessin, DE 19707
Phone: 302-234-6046
Fax: 302-234-6049
JanPatrick@NUMBER1EXPERT.com
Jan Patrick is ranked as one of the top producing real estate agents in the United States. Licensed in the states of Delaware and Pennsylvania, Jan has a team of people to assist her in providing the highest level of service to her clients. Jan is known for her innovative approach to marketing homes, the personal attention she gives to buyers, and her total commitment to providing excellence in real estate services. Jan was the first real estate agent in the state of Delaware to hold the Certified Luxury Home Marketing Specialist designation.

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