When it comes to wall-mounted TV-Does it stay or does it go?

By
Real Estate Agent with Sun Realty NC
https://activerain.com/droplet/4Dyg

The process of buying a home is a case study in the art of negotiation. Everything — from the purchase price to occupancy dates to the inclusion of appliances to “repairs” of issues raised during an inspection — are subjected to a give and take between the buyer and seller. Heck, even the commission a real estate professional earns is negotiable. More often than not, the contract used by the buyers and sellers specifically deals with each of these issues. But when it comes to the matter of fixtures — you know, those things such as lights, ceiling fans, shades, etc. — things can become a little less black and white. When selling a home in North Carolina, all fixtures transfer to the new homeowner upon sales unless otherwise noted in the offer to purchase. So, art and family pictures hanging from a hook on the wall are NOT fixtures, but wired wall sconces and built-in microwaes are both examples of fixtures.

 

One fixture that sellers often get confused about is a mounted television. It's a personal appliance, so does it convey.  Yes, because it's on a mount secured to the wall that is only removable with the help of a screwdriver.  But don't worry!  Just because you're listing your home for sale doesn't mean the buyers is go to get a free TV thrown in, unless you want to entice some buyers with this added incentive!  You can easily communicate with buyers that the TV is not included in the sale of the home.  There is a place for fixtures exceptions on the listing and offer paperwork, as well as a place to note that in the Multiple Listing Service(MLS) for other agents to see.

 

If there's something in your home that you aren't 100% sure is a fixture or not, communicate it to your Realtor.  It's better to state that something isn't  remaining than it is to take something with you that the buyers is expecting to stay.  That can get you in hot water and delay closing or lead to legal issues after the fact.

Mounted Television

Posted by

I strive to be your one-stop-shop for all that is happening in world of real estate and in our very own little oasis of the Outer Banks of North Carolina. I invite you to become a fan of our Facebook page (https://goo.gl/9HGocw ), post your comments, ask questions...start a conversation!

If you are considering buying or selling in the Outer Banks, please contact me today at 252-489-8491. Should you have any questions or would like to discuss your unique situation regarding real estate in the Outer Banks of North Carolina, then please call or email me today.

 

Got questions?
Ask! 
hughwilley@sunrealtync.com or 252-489-8491
Hugh "Scooter" Willey
www.nagsheadhomes.com 
www.hughwilley.obxwhere.com
www.outerbankshomes4sale.com 

 

If you enjoy my blog posts, then let's Network more, here is my LinkedIn Profile

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Best Practices

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
40,466

Hugh Willey

Ask me a question about the OBX real estate market
*
*
*
*
Spam prevention