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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 real estate board game became the best-selling game in America just one year after it was created?
A	Charles B. Darrow invented Monopoly in 1934, to cheer himself up while unemployed during the Great Depression. Monopoly is now the most popular board game in the world and has sold over 200 million copies.
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Stevie Mack
Latter & Blum Inc/Realtors
Licensed in Louisiana
1321 W. Causeway Approach
Mandeville, LA 70471
Main Phone: 985-626-5687
Mobile: 985-630-1934
Mobile: 985-630-9101
Fax: 985-626-4112
Email: steviemack@latterblum.com

WATERFRONT & LUXURY PROPERTY SPECIALIST Stevie's tremendous success in residential real estate is the result of a true enthusiam and caring for people and their needs. The results are impressive for this professional. ** Over 25 years as a top realtor ** More than $200 Million sold over the last decade ** #1 in Residential Sales on New Orleans North Shore (St. Tammany Parish) 2002-2010 ** #1 Greater New Orleans area Top Producer as recognized in City Business 2006-2009 ** Number 8 nationally within ERA (out of over 25,000 agents) Her personalized style has resulted in many clients becoming lifelong friends and an impressive list of repeat and referral clients. As a northshore native, Stevie's knowledge of the homes and communities of this area is unparalleled. This includes a specialized knowledge of WATERFRONT and ESTATE PROPERTIES. An Equal Opportunity Company. Equal Housing Opportunity. Each office is independently owned and operated. All information is subject to verification and is not guaranteed. Latter & Blum Inc/Realtors is a licensed real estate brokerage firm in Louisiana Latter & Blum Inc/Realtors, 1321 W. Causeway Approach, Mandeville, LA 70471, USA Main 985-626-5687.

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