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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 was the location for the classic silent movie scene where Harold LLoyd dangles from a huge clock high above the city?
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| A |
That scene from "Safety Last"was filmed at the Brockman Building, one block south of the Biltmore Hotel in Los Angeles. |
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Maria Sobinina, MA
First American Capital Properties, LLC
Licensed Real Estate Broker
999 Brickell Avenue, Suite 700
Miami, FL. 33131
Phone: 305-402-1419
Fax: 305-393-8194
Email: MSobinina@FirstAmericanCapital.com
Real Estate Broker. Residential Real Estate in Florida. Commercial Real Estate in Florida. Real Estate Marketing. Consulting for Real Estate Developers. Concept Lifestyle Communities Advice and Planning. Pre-construction pre-sales. Commercial Real Estate Finance.
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