Tehama Country Real Estate

April 01, 2011

Tehama County Real Estate

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Tehama Country Real Estate – 3 What Is Typically Included With the Sale Of A Home? Real Estate Spotlight By Alex Mason process that needs to have every- thing in writing with clear-as-a- bell instructions set forth at the time of the sale. s Nothing is ever assumed or presumed when it comes to the transfer of property and all the legalities that come with the deal. When selling your home, you must be absolutely clear on what items will be included with the sale or those select pieces to be offered at an additional price. Likewise, you have to spell it out when fixtures and acces- sories are not going to be part of the sale. WHAT IS REAL PROPERTY? The legal definition of real property is the land, the structure and anything that is permanently attached to it. In most cases, this would include faucets, built- in lighting, permanent floor coverings, and even a tree house firmly attached in the backyard. If you wish to keep a dining room light or similar affixed item, you will need to itemize these pieces and declare them separate from the sale of the prop- erty. If the items are not clearly dismissed from the sale in writing, there is a danger of a nasty lawsuit coming your way from a disgruntled buyer that had a passion for your swinging lamp presiding over the billiard table. You are free to take what you want with you when you move. Just be sure your buyer has it in writing that select decorative fixtures are going with you. KITCHEN APPLIANCES Another area for concern is your kitchen and the appliances. Many home buyers will appreciate a complete kitchen in place to make their move-in turnkey and ready to cook. You do not have to include your refrigerator, stove, dishwasher, and other appliances, but adding these items in the sale can make or break the deal. In addi- tion, you will be paid a tidy sum for the sale of the property and should be able to replace your kitchen appliances for your new home if needs be. However, the buyer may be on a tight budget where installing a full kitchen appliance suite is cash out of pocket that they would rather not spend. The elling a home is a precise choice is yours, but savvy sellers will include the kitchen appliances to make the buyer's deal even sweeter. GET APPROVAL TO REPLACE In some instances, an object should not be removed because its absence would interfere with the utility of the home. For example, if you have a fireplace screen that you love dearly and must take with you, be sure to replace the screen and get your buyer's approval for the replacement. The same thing applies to indoor or outdoor wall lanterns, ceiling fans and other objects that contribute to the normal functions of the home. SELL YOUR FURNISHINGS WITH THE HOME If you wish to include some furnishings, you must itemize them one by one rather than simply saying the living room set is included. When adding furniture to the total sale price, this can be an attractive selling feature for a new buyer strapped for cash and in need of quality furnishings. You must offer the wares at a deal either as a com- plete package or allow the buyer to pick and choose what they can afford. The new home buyer has an instant living space set-up without a cash transaction, and the seller has increased the sale of the property and starts over with a clean slate for decorating. Furniture sales are a win-win situation for both buyer and seller and are an effective selling tool to add value to your final price. Alex Mason is a former real estate agent and mortgage bro- ker living in Los Angeles.

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