How To Know What’s Included When You Buy A House
Or, perhaps, the buyer is lucky. The chandelier, being wired and bolted to the ceiling, is included in the sale. Replace the chandelier with an antique mirror or an above-ground swimming pool, and the situation is not so clear cut. Here are five common items that often lead to dispute between buyers and sellers. 1. Appliances
The law aside, everything in a real estate transaction is negotiable. In some areas, sellers customarily leave appliances, whether they are built-in or not. Elsewhere, sellers routinely remove free-standing items. Your real estate agent can help you work out the norms in your neighborhood. If there’s any doubt, put your agreement in writing. 2. Window Dressings It has become customary in many markets for sellers to leave window coverings for the new owner. If this is the agreement, you must put the inclusion of window coverings in writing. Be sure to specify the “existing” window coverings; otherwise the seller may be entitled to replace the designer drapes with drapes of inferior quality. 3.Floor coverings A rug lying on the floor obviously moves house with the seller because it is not attached to the room. But wall-to-wall carpet is nailed or tacked and thus forms part of the realty sale, unless the seller excludes it in the sale contract. Similarly, linoleum tile is glued to the floor and becomes a fixture. 4. Hardware Doorknobs, letter boxes, light switches, kitchen and bathroom fittings all transfer to the new owner. The exception is trade fixtures — hardware used in a business which the seller is entitled to remove when vacating. Examples include kitchen equipment, office equipment and signs. If the seller runs a business from home, check what he intends to take with him and put your agreement in writing. 5. Flat-Screen TVs
However, given the history of TVs as personal property, no buyer should assume that a flat-screen TV will stay behind. The only safe course of action is to write in the sale contract whether the flat-screen TV stays or goes. In real estate, the message is clear: don’t assume anything you see on the property comes with the house. Ask about the items you want to keep (or remove) and write your agreement into the contract. It’s ALWAYS negotiable and ALWAYS in the written contract. Ask for you what you want and get agreement. Do not assume and do not go with anything verbal. Get it in writing. Call us at 901-730-6314 to begin your home buying adventure! |
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