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Jim Comerford, REALTORŪ, real estate agent and broker for Lake Forest and Libertyville Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?

A 
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York.
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Jim Comerford, REALTORŪ, real estate agent and broker for Lake Forest and Libertyville Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Jim Comerford
Re/Max Showcase

810 S. Waukegan Road
Lake Forest, IL 60045
Phone: 847-582-9330
Fax: 847-615-7081
Pager: 847-479-4661
Email: jcomerford@NUMBER1EXPERT.com

Whether you're selling your home, moving house or thinking of building, you can rely on Jim to provide the experience and expertise you need. Supported by a team of real estate and marketing experts, Jim combines local knowledge and traditional service values with technological expertise to bring a fresh and innovative approach to real estate.


Re/Max Showcase real estate and homes for sale in Lake Forest and Libertyville Illinois

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