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Real Estate Tips
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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Real Estate Trivia
Q 
What are the world's most valuable chairs?

A 
A pair of Chippendale chairs designed by Robert Adam sold in 1997 at Christie's, London to an anonymous buyer for $2,762,330.
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"Brad has always been great and most helful in getting my property sold in a timely fashion. We really appreciate all his help"
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Bradford Houser, REALTORŪ, real estate agent and broker for Iowa City, Coralville and North Liberty Iowa home listings, property and land for sale - NUMBER1EXPERT(tm)

Bradford Houser
Iowa Realty

327 S 2nd St Suite 200
Coralville, IA 52241
Cell: 319-631-2492
Home: 319-626-2492
Office: 319-887-6418
Fax: 319-354-6432
Email: bradfordhouser@NUMBER1EXPERT.com

''I believe and practice the ''Golden Rule'' philosophy when working with my clients.'' I am dedicated to providing excellence in service, timely responses and acting in your best interest.

REALTORMLSEqual Housing


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