|
|
Real Vs. Personal Property |
Real vs. Personal Property 
At closing time, the last thing you want is a dispute over what goes with the house and what doesn’t. But it isn’t all that unusual for a buyer to think a particular item is included in the sales price, while the seller never had any intention of including the same item! Classic examples include window coverings, lighting fixtures and chandeliers. But just about anything which might be construed by a buyer as being “part of the house” has the potential for misunderstanding and disagreement.
Generally, the law says that anything which is part of the land or attached to the house and is immovable, or can’t be removed without damage, or anything which is incidental or appurtenant to the land is real property. Personal property is basically everything else – the possessions you take with you when you move.
The law recognizes the intent and manner with which an item is attached in determining whether an article or fixture is real or personal property. Built-in appliances are usually considered real property, while free standing ones are usually personal property. If removing the item requires pulling nails, it’s probably real property. If it can be unscrewed and removed without leaving any damage, it might be an item ready to cause some disagreement!
To avoid problems, both buyers and sellers should make detailed lists of any items to be included in the sale before closing. As a seller, give your list of items to be included to the closing agent. If there is something you want to take with you, and it requires removing a screw or nail, put it in the contract.
Remember, as with everything else in real estate, it’s all negotiable. If there is a unique item you want included in your purchase, you may be able to get it included at a reasonable price. Especially if the item won’t fit in with the new home the seller is moving to.  | Ask the following questions before deciding on a community:
Q: Is a written lease required? If so, for what length of time?
Q: What are the charges for utility connections and other services?
Q: Can my home be installed by my retailer or other professional, or does the community require that it handle installation?
Q: What will I be charged for installation?
Q: Who is responsible for ground maintenance, snow removal, garbage collection,street maintenance
and mail delivery?
Q: What are the community’s rules and regulations? Can I live with them? For example, are pets allowed?
Q: Are there any special requirements or restrictions if I sell my home?
Q: How are rent increases handled?
Q: Is there a homeowner’s association?
Q: Are there restrictive covenants? |
Check The Value Of Your In Park Mobile Home. 
Check The Value Of Your Land Home Manufactured Home.
West Coast Mobile Homes
310-257-9297
Network Partners Website Links manufacturedhousingnetwork.com westcoastmobilehomes.com mymobilehomerealtor.com badcreditjunction.com newhomejunction.com prefabjunction.com valuesaver.com valuesavers.com valueloans.com valuebanking.com chattelloan.com constructionhomeloan.net eloanlink.com emobilehome.com ezmobilehomeloan.com I-buy-mobile-homes.com loanjunction.biz loanjunction.com loanjunction.info loanjunction.mobi loanjunction.name loanjunction.tv loanjunction.us mobilehomeloan.biz mobile-home-loans.mobi mobilehomeloans.name mobilehomeloans.tv moderntraveler.com americanadventurer.com expresstickets.com cyberincome.com cyberincomes.com internetincomes.com ultimateticket.com ultimatetickets.com valueadvertiser.com valuecable.com valuecds.com valuecellular.com valuedesigns.com valuedvds.com valueequipment.com valuehardware.com valuemoving.com valuestorage.com valuetickets.com valuetickets.net valuetrades.com valuetrucking.com valuevideos.com fashiondesigning.com basebuy.com basebuys.com netxing.com 411floral.com florist411.com floristlocaters.com View Our Real Estate Yard Sign View Our Recent Realty Advertizing View Our Mobile Home Loan Ads CA Mobile Home Park Search Listing Syndication Links
|
 |
|
|
Today's Rates:
| 30-yr Fixed | 4.97% | 5.13% | | 15-yr Fixed | 4.33% | 4.56% | | 1-yr Adj | 4.27% | 5.3% |
|
|
|
