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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 
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?

A 
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen.
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Greg James and Neil Castellane, REALTOR®, real estate agent and broker for Hilton Head Island South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Greg James and Neil Castellane
William F. Hilton Realty

PO Box 5641
Hilton Head Island, SC. 29938
Phone: 843-785-4700
Fax: 843-785-8843
Email: realestatehiltonhead@NUMBER1EXPERT.com

Greg James has been in the real estate business for over thirty years. He is the sole Owner, President, and Broker-in-Charge of his company and has currently brought aboard eight Sales Associates......Neil Castellane, Greg's Associate, is also a Licensed Real Estate Agent, a Realtor®, and an Accredited Buyer's Representative. Call or email us today!


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