Vernon Hills, Lincolnshire and Mundelein real estate and homes for sale in Illinois - Lori Progar, REALTOR® Lori Progar REALTOR(r) for Vernon Hills, Lincolnshire and Mundelein, Illinois real estate - NUMBER1EXPERT™ Lori Progar NUMBER1EXPERT(tm) for Vernon Hills, Lincolnshire and Mundelein, Illinois real estate
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For Buyers: Vernon Hills, Lincolnshire and Mundelein Illinois home buying, real estate listings, and homes for sale in Lake                           County, IL
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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 does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Lori Progar, REALTORŪ, real estate agent and broker for Vernon Hills, Lincolnshire and Mundelein Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Lori Progar
Coldwell Banker

1133 S. Milwaukee Ave.
Libertyville, Il. 60048
Phone: 847-990-3110
Fax: 847-415-6830
Email: LoriProgar@NUMBER1EXPERT.com

With over 23 years real estate experience with Coldwell Banker, Lori has proven herself as the top agent in her office and in the top percentile of her Company. Her extensive involvement with her community and long time resindency within her area has allowed Lori a keen understanding of the competition and marketing strategies needed to help you relocate. Call or email Lori today!

Equal Housing GRI MLS REALTOR


Coldwell Banker real estate and homes for sale in Vernon Hills, Lincolnshire and Mundelein Illinois

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