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St Petersburg Short Sales | what about furniture.
Excuse me? Some things never stop to amaze me in a St Petersburg Short Sale situation.
We had the beautiful condo as a Short Sale listing on St Petersburg not too long ago and it had really nice furniture in it.
A few weeks down the road another real estate agent presented an offer and it was spelled out in the offer that “all furniture with an approximate value of $10,000 is included”
We had to read it twice to believe it.
Everybody please take a note, there is a difference between personal property and real estate. Unless for whatever very strange reason the bank gave you the loan with furniture as collateral, the lender doesn’t own your furniture and therefore can’t sell your furniture.
The St Petersburg Short Sale homeowner as well as a none Short Sale seller can take the furniture with them when they move, they can sell it on a yard sale but please let’s not complicate a Short Sale deal even more by trying to include the furniture.
The sales contracts we typically use in St Petersburg have standard language like “Personal property is included in the purchase price, has no contributory value, and shall be left for the buyer” or
“Personal property listed in this Contract is included in the purchase price, has no contributory value and is being left for Seller’s convenience.”
Again, we are selling real estate not personal property. Short Sale or not, you do not put a value on things that the sellers leaves for the buyer.
Selling furniture and selling a house or condo here in St Petersburg are two separate things and two separate deals and should be on two separate contracts.
As Real estate agents and a Short Sale agents in St Petersburg I can only sell real estate not personal property.
Please give me a call 727 410 7777 if you want to list your property or have a question.
St Petersburg Short Sales | what about furniture.
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Anne Hensel
South Beaches Real Estate Professionals (727) 410-7777 annesouthbeaches@gmail.com http://www.SouthBeaches.info Listed by: South Beaches Real Estate Professionals |
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Anne Hensel
South Beaches Real Estate Professionals (727) 410-7777 annesouthbeaches@gmail.com http://www.SouthBeaches.info Listed by: South Beaches Real Estate Professionals |
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Gone Fishin' - Sometimes You Need A Day and today was that day! Ronnie decided that he wanted to go fishing today and since I did not have anything pressing on my list, we took off early this morning!
It proved to be a nice day as it got toward noon but did not take long for the clouds to return. Seems a cold front is moving through bringing today's high down to 'only' 78 degrees. So we enjoyed a little sun for a short amount of time. Seems the fish knew that the weather was turning and that it is a full moon (amazing how these things can influence what those fish do). One Snook did bite but it also got away again. It scaled the bait fish, that is how we knew it was a Snook.
As we headed north, we ran into a little rain. Just enough to want me to take a warm shower and put on my pj's for the rest of the day........so that is exactly what I decided to do! The rest of the day will be phone and computer time!
Living here in the Sunshine State certainly has it's advantages!
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Yes, cash does matter when buying a home in St Petersburg, Florida. Historically, sellers didn't give price concessions for cash unless time was critical to them. For most sellers, it didn't matter if their proceeds came from the buyer or the lender.
Today, well priced properties in St Petersburg will often have multiple offers. In most cases, the St Pete seller will accept the cash offer rather than the highest price. Of course it depends on the difference in price as well as other factors. The mortgage process is taking longer, a preapproval letter means less when "The Underwriter" adds conditions for either the buyer or the property, and too many appraisals - generally ordered through appraisal management companies - are coming in well below the contract price.
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