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who gets a sold homes furnishings? |
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Who gets the furnishings when a home is sold?
It depends. Fixtures, any kind of personal property that is permanently attached to a house (such as drapery rods, built-in bookcases, tacked-down carpeting or a furnace) automatically stay with the house unless specified otherwise in the sales contract. But anything that is not nailed down is negotiable. This most often involves appliances that are not built in (washer, dryer, refrigerator, for example), although some sellers will be interested in negotiating for other items, such as a piano.
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sellers disclosing other offers |
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Do sellers have to disclose the terms of other offers?
Sellers are not legally obligated to disclose the terms of other offers to prospective buyers.
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considerations before buying |
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What are some pre purchase considerations to think about?
When you buy a resale home, you can find out a lot more about the Knoxville, TN area property and the neighborhood before you buy than when you buy a new home.
Land to support new-home developments usually is located on the outskirts of town. Potential buyers should ask the developer about future access to public transit, entertainment activities, shopping centers, churches and schools. Find out how far it is to the nearest library, for example.
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Do Knoxville, TN area builders offer financing?
Builders often include financing programs to help move more buyers into a project early on. If it's a buyer's market in the Knoxville, TN area, you can be sure that developers will offer incentives such as low-down-payment financing.
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are vacation homes an investment? |
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What do you think of a Knoxville, TN area vacation home as an investment?
You can buy a vacation home today for investment purposes as well as enjoyment. And yes, there are tax benefits.
Some people buy a vacation home in the Knoxville, TN area to use as a permanent retirement home later, which allows them to get ahead on their payments. Another benefit is that the interest and property taxes on a vacation home are tax-deductible.
Some real estate experts predict that vacation homes will appreciate in value due to rising demand from the aging Baby Boom generation.
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