Make Home Page
Bookmark
Don't show what you don't want to sell

There’s nothing more disappointing than walking into your new home only to find that many of the items you thought were included in the sale – like carpets and light fittings, the gas braai and the satellite dish – have been removed.

“But this can happen all too easily without a well-written sale agreement,” says Hano Jacobs, CEO of the Realty 1 International Property Group. “In fact we recently came across an instance where a seller tried to remove the wooden cottage-pane windows and doors before the buyer moved in, and claimed that he was entitled to take them because they were not part of the original structure of the house but a later addition.

“Of course this is an extreme example, but the issue of what is a fixture and what is not has always been a thorny one, and carries the potential for serious disputes between buyers and sellers that can easily cause a sale to be cancelled or at the least really sour the buyer’s enthusiasm about his new property.”

In general, he notes, prospective buyers viewing homes for sale will simply assume that anything that appears permanently fixed in place - including mirrors, ceiling fans, eye-level ovens and air conditioners – is included in the sale.

Sellers, on the other hand, may quite genuinely believe they have a right to remove such non-structural items to their new homes, as well as “loose” items such as water features, pot plants, curtains, bar stools, pool cleaners, TV aerials and even swimming pool and borehole pumps.

However, says Jacobs, it is obviously unfair to put a property on show complete with all the trimmings only to remove these after the sale, or to replace quality items with cheap alternatives. “What is more, this could have major implications in terms of the new Consumer Protection Act, which entitles buyers to withdraw from any transaction they believe has been based on false advertising or misrepresentation.”

“Consequently, our advice to sellers is to go through their homes before putting them on show and remove any and all items they do not want to include in the sale. In addition, we advise buyers who are viewing homes for sale to ask whether specific items they really like are included in the sale or not – and to ensure that these are individually written into the sale agreement.

“This way, both parties are far more likely to end up with a deal they feel is transparent and satisfactory.”

Article by: www.realty1.co.za



Newsletter: 25 May 2012 2012 to 1 June 2012 - Dullstroom, Mpumalanga, South Africa
View Properties in Dullstroom
View Properties in Mpumalanga
Newsletter 25 May 2012
Home | Property Search | General property search | On special | Show houses | Your favourites | Your profile | SMS a friend | Exchange rates | Bond calculators
Minimum bond calculator | Monthly installment calculator | Increased installments calculator | Maximum home loan calculator | Bond status calculator | Gauteng | Western Cape | Eastern Cape | Free State
North West | Mpumalanga | Limpopo | Kwazulu Natal | Northern Cape | Garden Route | Legal Guides | Home Buyers Guide | Home Sellers guide | Estate Agent search | List your Estate Agency | CyberAgent
Homeloan Magazine | To other related sites | Advertise with CyberProp Newsletters | Exchange | Guides | All Calculators | South Africa | Private Listings | Site Map | New Developments | CyberProp Blog
Copyright © USP Designs (Pty) Ltd.
e-Mail: Web Master - CyberAgent Sales - Site Map
Disclaimer : All information deemed reliable but not guaranteed. All properties are subject to prior sale change or withdrawal. Neither the listing franchisee, office, agent nor cyberprop shall be liable or responsible for any typographical, misinformation, misprints and shall be held totally harmless.
All rights reserved