Saturday, May 12, 2007

What Stays...What Doesn't, After a Home Sale


The subject is coming up more frequently around our Coldwell Banker office. Someone buys a house and the chandelier is replaced by a cheaper fixture, or the wall unit that appeared to be built in, wasn't. Most of these potential misunderstandings can be avoided by full disclosure in the contract, but some "grey areas" are lost in the excitement of negotiating the sale. Do you want the refrigerator to stay? Get it in writing. Fixtures are those features that cannot be removed without causing irreparable damage to the property. Anything else may be considered personal property. But we're in California...what about a bookcase that's bolted to the wall in earthquake country? Real Estate 101..."What does the contract say?"

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