Whitby, Brooklin and Oshawa real estate and homes for sale in Ontario - The Mullin Lloyd Team, REALTORS® The Mullin Lloyd Team REALTORS(r) for Whitby, Brooklin and Oshawa, Ontario real estate - NUMBER1EXPERTS™ The Mullin Lloyd Team NUMBER1EXPERTS(tm) for Whitby, Brooklin and Oshawa, Ontario real estate
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The Mullin Lloyd Team, REALTOR®, real estate agents and broker for Whitby, Brooklin and Oshawa Ontario 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
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What is a "jumbo mortgage"?

A 
The term "jumbo mortgage" currently refers to a mortgage loan in excess of $359,650, although the threshold amount may change as the market fluctuates.
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The Mullin Lloyd Team, REALTOR®, real estate agents and broker for Whitby, Brooklin and Oshawa Ontario home listings, property and land for sale - NUMBER1EXPERT(tm)

The Mullin Lloyd Team
Keller Williams Energy Real Estate

420 Green Street, Suite 105
Whitby, ON L1N 8R1
Office: 905-430–2390
Fax: 905-430–2301
Email: Admin@TheMullinLloydTeam.com

The Mullin Lloyd Team are very excited to offer you more experience, greater availability, continued integrity and passion to help you find or sell your home. We look forward to helping you and your friends and family with their next purchase or sale.

Equal Housing MLS REALTOR


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