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Selling A Home – What Attachments Stay or Go?The home selling and buying process can be confusing. This is especially true when it is a FSBO (for sale by owner) operation. It's even tougher when neither the seller nor the buyer is in the real estate business. This article sorts through what stays in the house or condo when it's sold.Attachments – Literally! In most states, the term “attached” takes on a unique meaning in real estate. Essentially, it boils down to this, “If it's attached to the real estate, it's no longer personal property.” Practically speaking, anything attached to the home stays with it when ownership is transferred. Applying this concept, it's easy to see why chandeliers, doorknobs and kitchen cabinets stay. To determine whether something stays or goes, focus on the attachment issue. Plants can often be a confusing item. Generally, it they are planted in the ground, they stay. If they are in planters, they go. With other items, just look to see if they are attached to the property. I Am Seller – Hear Me Roar! If you're a seller, you've probably spent a good bit of time and effort on the property. What if you want to take a few attached items with you? Can you legally keep it? What if you're thinking, “That fixture hanging over the breakfast table has a real Tiffany shade? It was a wedding present from Aunt Elizabeth. I'm keeping it!” Keep your shirt on. There are a couple of ways that typically work when you want to keep an item or two of this sort. The first is to simply state in your offering “blah, blah, and blah do not convey.” (If it really matters, call an attorney to get the language right) This approach has one drawback. Human nature being acquisitive as it is, your buyer will probably immediately want at least two and the items will become a bone of contention. There is a better way to deal with this situation. Before putting you home on the market, remove all items that have become attached to the real estate. Buy another hanging lamp, hang it and pack your Tiffany lamp. Do that for all items of this sort. Be sure to replace each with something attractive and do it well enough that it's not obvious that a change has been made. When prospective buyers look at your home, everything they see will stay with the home. You are happy, they are happy, everyone is happy! Life is good. Analyze your home for attachments before you put it on the market. You wouldn't want to make Aunt Elizabeth angry by losing the wedding present she gave you. About the author: Raynor James is with http://www.fsboamerica.org- an online site providing national exposure for sellers listing properties and a database of properties for buyers. Circulated by Article Emporium How To Make Money In Real Estate Without Buying Any Property: Become A Mortgage Broker How To Make Money In Real Estate Without Buying Any Property: Become A Mortgage Broker. Will Real Estate prices keep going up or will the bubble burst? Who knows? Either way, real estate is a risky business. Tying up all that money and having very little liquidity... The Mind of the Real Estate Investor Myself and many others are living proof that by changing your mental and physical habits, you can build your wealth. This mini-course focuses on changing or fine-tuning your mental habits and attitudes toward real estate investment so that you can profit at will. It's about getti... How To Make Money In Real Estate Without Buying Any Property: Become A Mortgage Broker How To Make Money In Real Estate Without Buying Any Property: Become A Mortgage Broker. Will Real Estate prices keep going up or will the bubble burst? Who knows? Either way, real estate is a risky business. Tying up all that money and having very little liquidity... Glen Rose real estate market growing thanks to demand for exurban subdivisions. Although most widely known as the Dinosaur Capitol of Texas and for its travel and tourism appeal, Glen Rose, Texas is quickly gaining a reputation as a highly sought after city to live in. As recently as 2004, Glen Rose was voted as America's Dream Town (www.glenrosearea.com), an... Selling A Home – What Attachments Stay or Go? The home selling and buying process can be confusing. This is especially true when it is a FSBO (for sale by owner) operation. It's even tougher when neither the seller nor the buyer is in the real estate business. This article sorts through what stays in the house or condo when it... 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In the second part of The 8 Biggest Rehabbing mistakes we look at three more areas that can swallow up your profits in no time. BIG MISTAKE #6: YOU PAY TOO MUCH WHEN YOU BUY You make your profit when you buy. Pure and simple! I will always tell my coa... Tax Foreclosed Properties as an Investment Tax Properties Every property that is owned is assessed property taxes that must be paid every year. Property taxes are paid to local and state governments based on the appraisal value of the real estate. All states, the District of Columbia, Puerto Rico and the Amer... Home Buying Checklist – Windows If you are in the market to purchase a home, it can be easy to fall in love at first sight. Do so at your own risk. While the overall appearance of a home is important, the quality is in the details. In this article, I provide a checklist of window issues you should consider when v... 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The best way to do this is driving around that area to see if you really like that neighborhood. Yo... Is Your Real Estate Investing Comfort Zone Being Threatened? Have you ever imagined yourself putting through a multi-million dollar deal, going to closing and picking up a check with six zeros? It's the ultimate dream for real estate investors. But why must it be a dream when it can just as easily be a reality. Every day th...
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