St Petersburg Short Sales | what about furniture.
Excuse me? Some things never stop to amaze me in a St Petersburg Short Sale situation.
We had the beautiful condo as a Short Sale listing on St Petersburg not too long ago and it had really nice furniture in it.
A few weeks down the road another real estate agent presented an offer and it was spelled out in the offer that “all furniture with an approximate value of $10,000 is included”
We had to read it twice to believe it.
Everybody please take a note, there is a difference between personal property and real estate. Unless for whatever very strange reason the bank gave you the loan with furniture as collateral, the lender doesn’t own your furniture and therefore can’t sell your furniture.
The St Petersburg Short Sale homeowner as well as a none Short Sale seller can take the furniture with them when they move, they can sell it on a yard sale but please let’s not complicate a Short Sale deal even more by trying to include the furniture.
The sales contracts we typically use in St Petersburg have standard language like “Personal property is included in the purchase price, has no contributory value, and shall be left for the buyer” or
“Personal property listed in this Contract is included in the purchase price, has no contributory value and is being left for Seller’s convenience.”
Again, we are selling real estate not personal property. Short Sale or not, you do not put a value on things that the sellers leaves for the buyer.
Selling furniture and selling a house or condo here in St Petersburg are two separate things and two separate deals and should be on two separate contracts.
As Real estate agents and a Short Sale agents in St Petersburg I can only sell real estate not personal property.
Please give me a call 727 410 7777 if you want to list your property or have a question.
St Petersburg Short Sales | what about furniture.
Comments (2)Subscribe to CommentsComment