When selling a home, you will have to decide what you want to take and what has to be left behind. Here are some ideas.
Chattels. These involve items that can be easily moved. These include appliances, area rugs, draperies and furnishings. Sometimes a buyer will request these in their offer. All chattels included in the transation should be clearly stated and it is a good idea to include model and serial numbers.
Fixtures. These include items that are attached to the home. An example are electric light fixtures. A common one is the dining room fixture. If the seller wants to take it with them, it should be stated and replaced with another one.
In the real estate business, the entire agreement must be in writing. Therefore, make sure your idea of the purchase and sale is clearly stated. If something is left out and you want to include it later, it might be difficult if not impossible.
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Private Sale Homes are advertised on our FSBO website.
There are some additional closing costs buyers can encounter when buying a home. These are referred to adjustments.
This is a partial list of adjustments that could influence your closing costs. Ask what you will be responsible for so there are no surprises on closing day.
All real estate transactions are unique. Both buyers and sellers should consult with a lawyer prior to signing any documents.
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When Selling Your Home, a decision you will have to make is the closing date of the transaction. This is the day that title changes hands, and the buyer becomes the new owner. In most cases it is the day you will move out and the buyer will move in.
Closing dates in a real estate sale must be a weekday. They cannot be a Saturday, Sunday or a holiday. Everything must be open for business. These include the lawyers handling the transaction, the mortgage lender and in the Province of Ontario, the land registry offfice. Holidays include New Years day, Good Friday, Victoria Day, Canada Day, the first Monday in August, Labour Day, Thanksgiving and Christmas and boxing day.
There might be other days that you cannot close your real estate sale. Consult with you lawyer prior to finalizing yours, especially around Christmas and New Years. Some law offices take some holidays around this time of year.
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Sell Privately and save paying real estate agents fees.
Here are some photo tips to help sell your home. They say a picture is worth a thousands words, so with a little of preparation, you can make it count.
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Sell Private and save paying realtors fees.
HomesByOwner of Durham Region offers the marketing tools for private real estate sales. Owners control their own sale and save thousands of dollars. Our flat-fee packages provide everything you need to complete a successful private sale.
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