As a home seller, it’s important to understand that all built-ins remain with the home, but what do you plan to do about items like refrigerators, chandeliers, washers, dryers and other fixtures?
Customs vary in different parts of the country, but typically anything that is built-in or attached to the home stays with the home and belongs to the new buyer. But a chandelier is attached to the ceiling only by wires. Would it automatically stay?
Yes, it would convey, but it can also be replaced or excluded. The key is to replace it before we begin marketing your home. Your other option is to leave it in place, and exclude it in the MLS remarks section of the listing. What you can’t do is exclude it in your response to the buyer’s offer, because all promises contained in the MLS listing document become part of your contract, so you can’t make an exclusion after the fact.
I’ll let you know about the market and if it’s to your advantage to convey or exclude. If you have new appliances, for example, they are valuable enough to take with you, but they may also be valuable to your buyer.
Your sales contract will have a section that covers personal property and fixtures. This is where your buyer may ask for something to convey, such as the pool table. Then, it’s your choice to do so, or use it as a negotiation tool.
Some items of furniture, such as large bookcases, may appear to be built-in, when in fact they are free-standing. Be sure to mark these with visible signs that say “DOES NOT CONVEY”.
Wondering what else impacts which appliances convey? Contact me for more information.