Mar 2, 2008

When buying a home with personal property, be specific.

You will find property for sale where the owner has indicated that the asking price includes personal belongings. In vacation and tourist areas of Central Florida this is often a strong selling point.

These personal items go beyond the normal appliances we often see left in the home as part of the purchase price. Many times a home can be purchased with items that include:
  • furniture
  • appliances
  • dishes
  • wall hangings
  • pictures
  • patio furniture
  • lawn equipment

These types of furnished homes provide a great opportunity for those buyers looking to have a second home for their personal, limited or vacation use when in Florida.

It is extremely important for the buyer of this type of home to be very specific when writing their offer so as to include all the personal items. You should not rely on the MLS description or any verbal explanation of which items are staying.

A wise buyer and their agent should ask for a written inventory list prior or immediately after writing an offer for the buyer to review and approve. If the inventory list cannot be completed during the offering stage, then the contract should contain a contingency clause that allows the buyer to perform this inventory to their satisfaction immediately following the execution of the contract.

Having a written agreed upon inventory list between buyer and seller is a protection to both sides of the real estate transaction.


Related Florida real estate views:

Holiday homes for sale in Florida

Orlando international visitors


- Greg Staker Watson Realty Corp. 407-304-0255

No comments: