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Real Estate Information |
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Selling Your Home? A Warning About Attachments
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
MORE RESOURCES: China’s Real-Estate Market Is Coronavirus Latest Victim Wall Street Journal Recent Commercial Real Estate Transactions The New York Times NYC Real Estate Industry Grapples With Broker Fees, Commercial Rent Control Commercial Observer Startups bring micro investing to real estate Yahoo Finance Real Estate – February 19 Greenfield Daily Reporter Massive Schertz warehouse bought by Dallas real estate firm KSAT San Antonio The Verianos Real Estate (ETR:VROS) Share Price Is Up 56% And Shareholders Are Holding On Yahoo Finance Scam Week: Real Estate Scams | Call 4 Action WSMV Nashville Real Estate Insider: Ultimate Soccer Arenas in Pontiac for sale for $28.4 million Crain's Detroit Business Jack Antaramian’s daughter Zahra follows in her dad’s footsteps, launches real estate business Naples Daily News Winter real estate offseason eroding in Chicago Chicago Tribune Real estate agents: Employees or contractors? Maybe neither, and it costs them money Asbury Park Press Real Estate Market Spotlight: Chelsea Tribeca Citizen South Korean real estate buyers are sold on Dallas The Dallas Morning News Commercial real estate booms in cannabis-friendly states Florida Trend Jury selection to begin in Los Angeles murder trial of real estate tycoon Robert Durst ABC17News.com Three Cell Tower Companies Become the Hottest Play in Real Estate The Wall Street Journal Tucson Real Estate: East-side office complex fetches $3.4M Arizona Daily Star Fire at Hillsdale plaza incinerates medical practice, damages real estate firm; Four Brothers Pizza spared Berkshire Eagle Area real estate firm, CEO face fraud charges in alleged $170M scheme Business Observer Zillow Group ‘pleased’ with ruling in federal patent suit over mobile real estate search apps GeekWire City brokers feeling the pinch of global coronavirus outbreak Crain's New York Business Low inventory, higher prices expected for real estate Fountain Hills Times Real Estate Market Trends Flathead Beacon Choice Properties Real Estate Investment Trust to Issue $500 million of Senior Unsecured Debentures Yahoo Finance Real Estate Transactions Business West DiVincenti Brokerage acquires Grey Hammett Commercial Real Estate Greater Baton Rouge Business Report Introducing Lar España Real Estate SOCIMI (BME:LRE), The Stock That Dropped 23% In The Last Five Years Yahoo Finance Grand County real estate transactions Feb. 9-15 Sky Hi News Homeowners seeing an increase in their real estate assessment Valley News Live LI Real Estate Market Remains Hot To Start 2020 Garden City, NY Patch Real Estate Charitable Foundation Of Maryland Receives First Gift Columbia, MD Patch Real-estate-investing advice: How one man went from food stamps to 587 units Business Insider Nordic Expect ‘a lot of’ luxury real estate deals in NYC Yahoo Finance Netflix's 'Dirty Money' to Examine Jared Kushner's Real Estate Empire Hollywood Reporter Sandusky County real estate transfers Feb. 8-14 The News-Messenger Tampa real estate investors charged in Ponzi scheme - Tampa Bay Tampa Bay Business Journal All Things Real Estate: How the local and global economics impacts our markets - Opinions The Island Now NAI Coastal welcomes Cropper to team | Real Estate The Star Democrat Northern 'tax refugees' are flocking to Southwest Florida. Here's what it's doing to the local real estate market Naples Daily News Mayoral Candidates Debate Solutions to Housing Crisis at Real Estate Forum Times of San Diego Connecticut Real Estate Tokenized by REINNO Securities.io East Coast investor drops $145M on North Austin buildings home to 3M Austin Business Journal Real estate startup promises Denver consumers a more fruitful home buying experience The Denver Post Titularizadora issues real estate securities LatinFinance DC Apartment Property Trades for $14M ConnectCRE How this real estate startup with Philly roots helps those serving the intellectually disabled The Philadelphia Inquirer |
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