Before you list you home for sale, determine what you don't want to leave behind.
Our friends sold their home for full price and moved out a few days before closing.
The next day they received an angry call from the selling agent telling them that they had to bring a mirror back before the sale would close. When the home buyers did their final walk through, they refused to make their down payment because a large mirror had been taken down.
This mirror, an antique family heirloom, was never considered by the sellers as part of the sale. The seller refused to give her grandmother's mirror back.
However, their sales contract, a standard Home Purchase Contract with Terms and Conditions, included all attachments. The mirror was considered by the buyers and their agent as part of the sale. The mirror did not hang like a painting on a nail. The heavy mirror had been screwed into the wall with the screw heads covered with fancy wooden circles cut to match the wood frame.
The buyers refused to budge. Our friends refused to budge protesting that their listing agent knew the mirror had belonged to the seller's grandmother. (Their agent was a family member.) The sellers pointed out that their agent should have told them that the mirror was considered "attached." After three days of quibbling and negotiations, the listing agent agreed to forfeit $3,000 of her commission and the sellers dropped the price by $2,000.
Decide what goes to your next home and what you agree to leave behind, before you offer your home for sale. Take down any attachments that you don't want to part with, such as any item screwed into a wall or a light fixture permanently wired. What a home buyer doesn't see, they won't expect to buy with your home.
Copyright © 2005 Jeanette J. Fisher. All rights reserved.
Jeanette Fisher teaches real estate investing and interior design college courses. She is the author of "Sell Your Home for Top Dollar--FAST! Design Psychology for Redesign and Home Staging" and other books. For a free report, "Design Psychology for Selling Houses," visit http://sellfast.info
Turkey is a paradise of sun, sea, mountains, and lakes... Read More
Condo hotels, also called condotels, are a relatively new concept... Read More
Is landlording the way to go if you are starting... Read More
Tensions can run high in both the selling and buying... Read More
Why Do Realtors Advertise Your Home in Print,on the Radio,... Read More
When it comes to buying investment real estate, there are... Read More
In many places you can buy a house and a... Read More
When buying a home, it can be easy to overlook... Read More
In a previous article we introduced you to the concept... Read More
Those new to real estate investing often fail to take... Read More
Looking to buy real estate in Utah? The market has... Read More
When investing in real estate, it is highly desirable to... Read More
Lower Your TaxesTax incentives for real estate investors can often... Read More
Owning investment property is a tremendous wealth building strategy. Thousands... Read More
Today's volatile real estate market involves complex laws and fluctuating... Read More
In addition to finding the right property, one of the... Read More
They say that the whole process of selling up, buying... Read More
Step 1 is always to determine the fair market value(FMV).... Read More
In the sales contract, the sellers of your new home... Read More
The art of using high-leveraged activities.Here I would like to... Read More
We all are thinking about it and some of us... Read More
Fair Isaac Corporation is the creator of the FICO credit... Read More
Credit for Buying Real Estate is Different than Credit for... Read More
Selling income property isn't like selling a house. You can... Read More
Once relegated to the classified advertising section of the local... Read More
Shopping for property in Belize is not as simple an... Read More
Do you have bad credit, no credit, filed a bankruptcy,... Read More
Zero down? Why would a seller want to walk away... Read More
I was in the rental business for seven-years, made 1.3... Read More
With the never-ending changes in our Real Estate Markets real... Read More
An education of some sort is a prerequisite these days... Read More
The best price to sell your home is always determined... Read More
Many of you may not be aware of the various... Read More
Real estate investing can be a dream career when the... Read More
A house properly priced is half sold. But there are... Read More
Location, location, location - known as the 3 most important... Read More
These real questions on new home starts and interest rates... Read More
If you already own your home, you will probably make... Read More
So you've decided to take advantage of the booming real... Read More
By this point and time, many people have heard about... Read More
Some call it the 30 second commute. We call it... Read More
Horses In My Back Yard by Jody Hudson, with Extensive... Read More
FSBO, what is it? FSBO means For Sale by Owner,... Read More
Any trip to Belize starts fantasies of owning a beach... Read More
I'm often asked about the basics of Design Psychology, which... Read More
When is the best time to buy? When is the... Read More
If you are thinking about buying a second home, you... Read More
If everyone always did everything they said they'd do, we'd... Read More
It's unfortunate that many real estate investors tend to look... Read More
You purchase homeowners insurance to protect yourself financially in case... Read More
Listing real estate online can be a great way to... Read More
1.Why are there so many properties on leased land?There are... Read More
Interested in investing somewhere other than your back yard?Management companies... Read More
Whether you list with an agent or sell on your... Read More
The Traditional FavouritesOver the last five to ten years, UK... Read More
We understand the being in foreclosure is a scary thing.... Read More
Satisfying and lucrative real estate investment depends upon your correct... Read More
There are numerous advantages to owning a home. One of... Read More
Why without asking your boss? Two reasons, one, he or... Read More
It is no secret that sellers want to sell high... Read More
You decide to sell your home and believe you can... Read More
Central Illinois is an area rich in cultural activities and... Read More
It is no secret that the current real estate market... Read More
According to the National Association of Realtors, For Sale By... Read More
Buying a house in Scotland is slightly different from buying... Read More
Of course you're curious, and you'd like to see what... Read More
Real Estate |