Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You can always call us at (435) 215-4533 for a FREE home buying or selling consultation to answer any of your real estate questions.
Hello, and welcome back!
The Seller moved fairly far away prior to the close of the transaction which brought up a challenge: "What do I do with my personal property when I sell my home? Both the pieces I want to give away to charity, as well as those items the Buyer wants to purchase?”
This is a great question, and an important one to know the answer to since transferring furnishings to your home Buyer actually has a proper legal “method” to it.
Often, sellers think they can include personal property as part of the contract. However, per Utah real estate law, you have to convey personal property, outside of fixtures, via what is called a “bill of sale.”
This confusing language is why it's so important to work with a good Realtor and title company; they can help you understand the jargon and avoid making any moves that may have legal ramifications.
Fixtures, as mentioned above, include your sink, oven, dishwasher, and other affixed items in a home.
Personal property, on the other hand, includes things like TVs, couches, beds, and other movable things. You need to work with a good real estate professional and title agency to work on conveying that stuff via a bill of sale, or you will run into an issue with the title company.
We hope this tip helps you avoid unnecessary stresses when making your move. If you have any questions about this topic, or if you need real estate assistance of any kind, give us a call or shoot us a quick email. We would love to hear from you!
very great Post
ReplyDeleteDHA Phase 9 File Rates
DHA Phase 8 Lahore
DHA Lahore Phase 7
That’s a great site you folks have been carrying out there.alaska mobile homes for sale
ReplyDeleteIn actual fact the blogging is spreading its wings fast. Your write up is the best example of it. have a peek here
ReplyDeleteThis post is helpful for prepare your house ready for sell with best price. "You have to convey personal property, outside of fixtures, via what is called a “bill of sale.”" I agree with this line as it’s a main key that should consider before selling a house to get best price.
ReplyDeleteBoth the pieces I want to give away to charity, as well as those items the Buyer wants to purchase?” home buyer houston sell my house
ReplyDelete