DON'T WAIT UNTIL THE LAST MINUTE
DON'T WAIT UNTIL THE LAST MINUTE
In most real estate transactions there are a few responsibilities that the sellers have to handle before the closing, such as making repairs to areas of the home that do not pass inspection. If termites are discovered, for example, pest extermination must be scheduled and accomplished. There are deadlines for completing these obligations, yet many sellers barely make those deadlines. Those who wait until the last minute may miss the deadline altogether or be obliged to pay high rates in order to get a plumber, roofer or electrician to do needed repairs on an emergency basis.
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.