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Real Estate Tips
Closing or Settlement >Moving Day

Here are some tips for coordinating a move that depends on careful timing. Say the closing on the sale of your home is Friday morning at 11:00, and that afternoon at 3:00 you are to complete the transaction on the house you are buying. Your sellers are completing the purchase of their new house on Monday. As sellers, each of you is obligated to leave your house vacant and clean at the time of the closing. You will each take possession of the home you are buying after the closing.

If you are faced with a game of musical moving vans, you may want to negotiate with your buyers or sellers to remain in your old house for a few extra days or move your belongings into the new home a little early. You should draw up a written agreement which details your arrangement, such as the amount of rent, the move-in or move-out date, and any agreements regarding utilities, insurance, or a damage escrow. If you need to make special arrangements for your move, let your real estate agent know and work out the details as early as possible in advance of the closing.

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Real Estate Trivia
Q 
What is the legal term used to describe the right of the U. S. government to condemn private land for public use?

A 
Right of Eminent Domain allows the government to confiscate private land by paying full market value for the property.
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Mike Smith, REALTOR®, real estate agent and broker for Eugene, Springfield and Lane County, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Smith
Premier Real Estate & Property Management, LLC

95064 Toftdahl Lane
Junction City, Oregon 97448
Phone: 541-234-2288
Fax: 541-234-2187
Cell: 541-954-4946
Email: mikesmithbroker@NUMBER1EXPERT.com

Mike Smith is one of the top Broker's in the Eugene/Springfield area. With over 22 years of Real Estate experience, he has a proven track record that few Broker'can match! Experienced affiliates work with Mike to provide SUPERIOR SERVICE. They free Mike to spend more time with YOU! State of the art computers and other technologies allow Mike to provide fast, efficient, knowledgable, service to his clients! Mike's credentials include. CCIM Canidate, Vast knowledge of 1031 Tax Deferred and Reverse Exchanges, Specializing in Residential, Multi Family Investments, Development Land, Property Management, and Farms/Ranches Serving Lane and South Linn Counties

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