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Steve Powell, REALTORŪ, real estate agent and broker for Hagerstown and Smithsburg Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)
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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 
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?

A 
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property
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Steve Powell, REALTORŪ, real estate agent and broker for Hagerstown and Smithsburg Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Steve Powell
RE/MAX Achievers

222 E Oakridge Dr. Suite 2000
Hagerstown, MD 21740
Office:: 240-420-2410
Office:: 888-882-9132
Fax:: 301-739-0853
cell: 301-991-7990
Email:: stevepowell@mris.com

I'm a native of Washington County and have 20 years experience in real estate sales and leasing in Maryland. I own and operate a successful real estate investing company and specialize in both residential and commercial properties. Put my real estate team to work for you!

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