Lisa and Jim's Northern Nevada Real Estate Blog: Northern Nevada Real Estate ... What Comes With The House?

Northern Nevada Real Estate ... What Comes With The House?

 
Northern Nevada Real Estate
What Comes With The House?
Lisa Wetzel and Jim Valentine
RE/MAX Realty Affiliates
 

What Comes With The House?  

 

There is often confusion among real estate participants about what is included in a Northern Nevada Residential Real Estate Sale. Real Estate is the business of real property, but the confusion usually centers around personal property, and the perception of what is personal property and what has been converted to real property.

 

Generally speaking, built-in appliances are fixtures and part of the real property, not to be removed. These include the dishwasher, oven, central air, woodstove, etc. Most contracts include additional items like window coverings and screens. In a conventional transaction all fixtures are included and a part of the sale.

 

The refrigerator, washer and dryer can be a part of the transaction if they are offered with the property, or requested in the offer to purchase. Usually, they are not included as they are not attached and are personal, not real property. If you negotiate for personal property it's a good idea to take a picture of the items you are buying well before the close of escrow for proof in the event of a "switcherooski" by the Seller.

 

Personal property can be included in a sale for a variety of reasons. It can be an attractor for the home, a special decorative piece. Sometimes it's left as a practical matter such as a hot tub or heavy pool table, things too big to move conveniently. Homes with large lawns often see the riding mower included if the Seller is downsizing and won't have a need for it in the new home. There are many reasons why personal property can be included, or not. It is important to be clear about what you want from the transaction, not to assume anything.

 

The heavy ore cart that is part of the landscaping might seem ideal where it is, but full of memories for the Seller. Despite the logical conclusion that it will stay because of its great weight, the Seller has the right to move it out unless you contract otherwise. The window swamp cooler can be another confusing asset. Is it included? In most cases it isn't permanently attached. Be clear about how it is going to be treated in your purchase agreement to be on the safe side.

 

Sellers often disclose that they are keeping certain items, i.e. - the dining room chandelier. If you are involved in such a situation, affirm whether or not there will be a replacement? What does the replacement look like and will it be installed? If they are taking the "yard art", will there be damage to the remaining landscaping or will they mitigate that? Other areas that create confusion are horse and other pet improvements. Are the portable panels part of the transaction? Is the dog house included? How about the dog kennel fencing?

 

Our Advice: It is important that you understand what is going to remain with the home you are buying or selling. Regardless of the appearance or attributes of the personal property and fixtures, people often see things differently. It is easier to specify your expectations up front to avoid confusion and consternation at the close of escrow. It is also easier to negotiate for added value at the beginning of the transaction rather than at the end if something was overlooked. Remember, too, that it isn't always what isn't there that can present a problem - sometimes there is an excessive amount of personal property left in the property that becomes an issue.

 

Be very clear about your intentions and expectations so there are no "gotchas", just a good deal for all as was negotiated. When it comes to choosing professionals to assist you with your real estate needs... Experience is Priceless!

 

Lisa Wetzel and Jim Valentine are real estate agents with RE/MAX Realty Affiliates in Gardnerville. They are short sale and foreclosure specialists and certified distressed property experts.

 

 

Contact them at  

carsonvalleyland@hotmail.com www.carsonvalleyland.com 

 

 
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Lisa Wetzel & Jim Valentine
 RE/MAX Realty Affiliates
1320 US Highway 395 N.
Gardnerville, Nevada 89410
775.781.5472 - Cell
775.783.6854 - Direct
775.552.8585 - Fax

- carsonvalleyland@hotmail.com
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Comment balloon 1 commentLisa Wetzel • January 14 2013 05:55PM

Comments

Great information.  In some parts of the country appliance are always included and some they are not.  Good to know what to expect.

Posted by Chris and Dick Dovorany, Broker/Associate at Premiere Plus Realty ( Homes for Sale in Naples, Bonita Springs and Estero, Florida) almost 7 years ago

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