The importance of reading the fine print and walk-throughs
Just imagine. You get through the entire homebuying process and arrive at the walk-through the day of closing only to find that all the appliances are missing. I mean ALL of them. No refrigerator, no stove, no washer, no dryer, no microwave and dishwasher have seemingly walked away. Is this even possible? What can you do? Who do you speak with?
In most real estate transactions, all fixtures and appliances are included in the sale of the home. The general rule is that anything that is permanently attached to the property will be included as part of the contract (ie: light fixtures, doors, appliances) and should be included in the sale. The items should be the exact same as seen in the home when the contract was executed.
In most cases seen, there’s usually been the debate involving the washing machine and the child proof pool fence. The best thing to do is to READ YOUR CONTRACT. Most buyers are unaware of the fine print on the contract where these items should be listed and that’s where the problem can be avoided. When your agent prepares the contract for your offer always make sure to ask him/her where is it stated about the appliances or fixtures / features that are to be included in the purchase. In addition, Sellers should be clear as to what they are excluding from the sale and looking to take with them, such as an antique crystal chandelier.
This all leads us to the responsibility of the Realtor, who should be gathering this information from the Seller prior to listing the property on the MLS (Multiple Listing Service). Allowing all the prospective purchasers to be better informed. If you know ahead of time the washer / dryer won’t be included in the sale you can budget for one.
Nevertheless, always ask your Realtor. They can clarify with the Seller’s Realtor as to what will be included or excluded, if it wasn't specified prior to you looking at the property.
As always, Thanks for reading!
Author:Vinod Kulhari Phone: 954-658-6690 Dated: July 14th 2017 Views: 116 About Vinod: ...
Vinod Kulhari founded BrickStone Realty, Inc. in 2008 during a time when brokerage offices were closing due to the "bust" of the real estate bubble. Being a real estate investor since 1995, he understood the needs of customers whether they were selling or buying and was determined in providing outstanding service to clients across the board. From 2008 through 2012, BrickStone Realty has closed over 800+ transactions with a total sales volume of over $105 Million Dollars.
BrickStone Realty also offers In-House Title Services through Next Level Title, LLC conveniently located within our Pembroke Pines office. Our in-house Title Company understands the urgency of each deal and is a hands-on team player making sure that each deal gets to the closing table.
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