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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. See All Tips In The "Closing or Settlement" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q  Whose mansion sold for about $2 million after just one day on the market? A  Soon after the death of George Burns his home was put on the market; the home sold in 24 hours. See More Real Estate Trivia >

Diane Lenahan Wolf Run Realty 12644 Chapel Road Clifton, VA 20124 www.WolfRunRealty.com Phone: 703-283-7328 Fax: 703-997-8933 Email: DLenahan@WolfRunRealty.com Email: DLenahan@TheWolfRunGroup.com NVAR & PWAR Million Dollar Sales Club, Lifetime Top Producer, serving my clients in Northern Virginia, Clifton, Fairfax Station, Arlington, and Alexandria for over 12 years, and Belmont Bay in Woodbridge since 2005. www.WolfRunRealty.com is brought to you by Wolf Run Realty NUMBER1EXPERT™ in real estate for Northern Virginia, Fairfax Station and Clifton, Virginia Read Wolf Run Realty Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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