Sellers need to consider other issues before settlement.

By
Real Estate Agent with Ramus Realty Group RS297527

We had a closing on a fixer -upper that had a very old vehicle in the back yard.  The property had been for sale for almost 2 years.  Seller had agreed she could get no one to remove vehicle and asked if they could just give it to buyers and they could deal with it. 

Title of vehicle was at ,but since seller lived out of the area and could not attend the title was not properly signed to transfer that day.  The settlement company sent the title back and the seller was to return it asap properly signed.  

In the mean time new owner of property showed up 2 weeks later to do work on home and saw backyard fence was removed, trees cut and car gone. 

Found out by neighbors that someone came with a flatbed truck and took it away........................

Not sure what will happen now. Seller and buyer are in communications to straighten everything out. 

It just was more Drama than it should have been   Who ever decided it was a good idea to do that didn't realize who the actual owner of the property was and that they were not only trespassing but damaging property as well.  

This should be a lesson to all sellers.  Make sure you are in communication with everyone involved or who thinks they are involved what is about to transpire with the closing.

example:

If your brother-in law thinks the shed on your property is his and he wants it back. You need to have that issue straighten out before closing........................... not after. 

Is there a riding lawn mower that your uncle thinks is his that is in the shed out back?  The one you told the buyers they could have with the sale.

There are many different scenarios that this could happen.

As the seller it is your responsibility to make sure any of these issues are addressed ahead of time.  Make sure that people know when closing is and when you will no longer be the property owner.  Trespassing is not something I am sure you want for your friends and/ or family to deal with along with everything else.

 

Comments (5)

Kim Sellers
Lake Arrowhead, CA Coldwell Banker - Lake Arrowhead, CA
Lake Arrowhead Realtor - BRE#01412099 - Lake Arrow

I am a firm believer that the seller should give up all keys and have all things moved at close of escrow.  I discourage any moving in early or any renting back of property, too many bad experiences.

Mar 28, 2011 04:47 AM
Rob D. Shepherd
RETIRED - Florence, OR
RETIRED

I had a simlar experience recently. I listed a 2nd home with (5) owners. The furnishings were included. A walk thru by the buyers revealed a missing $89. vacuum. They wanted to back out (trust issues). It turns out the vacuum belonged to the maid that knew this was her last time there. The vacuum returned and the sellers bought her a new one.

Mar 28, 2011 05:03 AM
Marilyn Harrell
Better Homes and Acres - Beaverton, MI
Wixom Lake - Beaverton MI

At least the maid made out with a brand new vacuum cleaner!  STUFF can cause issues, both the amount of it and the lack of it!!!!

Mar 28, 2011 07:02 AM
Cherie L. Gottshall
Ramus Realty Group - Frackville, PA
Realtor

Kim- I agree

Rob- That is bad!!!!  At least it worked out in the end.  The things people find to be deal breakers.

Marilyn- Looks like she did.  Too funny!

Mar 28, 2011 07:53 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

What a story.  Just never know how these things are going to play out.

Mar 28, 2011 07:54 AM