When purchasing a home, make sure you know what you are buying.
What stays and what does not?
Convey within the body of the contract because you don't want to hear these words:
Our Maryland contract is pretty specific about appliances, window coverings, attached fixtures, built-ins, carpeting, fireplace screens, and garage remotes.
What about the porch and pool items? Playground equipment, trampoline, grills, firewood, even artwork. What about the bathroom mirrors...if not attached.
And if you want it...then write it in!
Be specific if you want an item, and also be clear if there is an item you don't want. Do you want the extra matching paint, wallpaper, and carpet? Some think this is a bonus to the buyer, so they have supplementary material when needed. Others believe it is your trash. Clear this up before closing.
I remember two unusual transactions re: including and excluding in a contract.
-One, the seller excluded the front door. It was custom made by a local artist, and it was going with them. Of course, there was a replacement door before closing.
-The second was the family dog that we wrote into the contract. The seller was moving out of the county, and the buyer's little boy bonded with this canine. Everyone agreed, the puppy stayed. It was a pleasant transaction.
And if you are buying AS IS, what stays and what goes?
At one closing, the buyer demanded that the old laundry appliances be removed, requesting a credit. It could have delayed settlement. The buyer was asked which one of these words, 'as' or ' is,' was not understood?
Don't rush this decision. You might lose a house by wanting to see it a second time or have your contractor check it out before writing the offer. It's so much better than making a fast and costly mistake. No matter how strong the market is, please do not buy a home seeing it only one time. Don't be rushed, don't cut corners, know what you are signing and ask lots of questions.
Everything is negotiable between the buyers and sellers as long as it is in the contract!
Thinking about buying or selling a home
Call Margaret Rome