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Many thanks to Herma Hayes
"Many thanks to Herma Hayes at Kaye Townend for her guidance, advice, knowledge and full attention to the sale of our home. She is very professional, and has an outstanding knowledge of her business and of our area. She was always reachable, and was in great communication with us, especially when we were out of town, and not easy to reach at times. She is honest, has a wonderful character, strong integrity and an absolute joy to work with. Her care and concern for us was always evident."
Gill and Kirk Harris
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Closing or Settlement >Walk Through Woes
Buyers can be a little cranky on closing day if things go wrong during the walk-through inspection. For example, the sellers' dependable old dishwasher might stop midway through its cycle and the bathroom sink might clog unexpectedly. These situations can create anxiety for the buyers and sellers, but such problems are quite common and usually simple to resolve.
Most purchase agreements require that the major mechanical systems and the appliances being conveyed are in working order at the time of the closing. Defects are often discovered during the structural inspection, allowing the sellers plenty of time to have the repairs made. Occasionally there are last-minute breakdowns or defects that are not spotted until the walk-through inspection. In that case, an agreement can be made with the sellers at the closing to escrow funds for the repair or replacement of the items in question.
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| Q |
What is a Balloon Mortgage?
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| A |
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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- NUMBER1EXPERT™ 
