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Small Budget
"I purchsed my first home, sold that home, and purchased and sold a second home. I had a smaller buydget and needed someone who understood my needs and restrictions. Ruth made me feel like a valued customer…every effort was made to partner with me on achieving my goals."
-Donna, Brighton
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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 are the three most common environmental toxins for which homes are tested?
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| A |
Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts. |
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Ward & Associate, Attorneys At Law Ward & Associates is a State Street law firm in downtown Boston, Massachusetts dedicated to helping clients with all Real Estate legal issues. Find Out More > View All Affiliates >
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