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All agents are NOT alike! I have 15 yrs experience helping 500+ clients. Call me: 208-661-0191 or toll free 866-490-7871.
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"You were professional in every sense of the word" "I want you to know how much we appreciate the way you managed the listing & selling of our home in 10 days no less & at our listing price!! Retirees - Joe & Sylvia Pendergrass, Hayden, Id. Read Quote > View All Quotes >
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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Sherry, a proven Coeur d'Alene, Post Falls and Hayden, Idaho NUMBER1EXPERT™ Top Selling real estate agent.
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Home Inspections >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 |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
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| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
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